Form 4: Leggett & Platt Executive Ryan Kleiboeker Reports Stock Transactions
SEC Form 4 Filing
Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt Inc, reports acquisition of common stock at prices of $5.6695 and $5.336.
Summary
- Ryan Michael Kleiboeker, an executive at Leggett & Platt Inc, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the acquisition of Leggett & Platt common stock on April 15, 2025.
- Kleiboeker acquired 115.6134 shares at $5.6695 per share and 101.7185 shares at $5.336 per share.
- Following these transactions, Kleiboeker directly owns 80,766.8822 shares of Leggett & Platt common stock.
- Additionally, Kleiboeker indirectly owns 1,000 shares through a spouse's IRA and 855.742 shares held in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, and the transactions themselves don't necessarily indicate a strong positive or negative sentiment. It simply reflects an executive's investment decisions.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of stock transactions (acquisition of common stock) |
| 04/16/2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Stock Acquisition, Leggett & Platt, Kleiboeker, Insider Trading
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