Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Buys $133,900 in Company Stock

Leggett & Platt's EVP-Chief Strategic Plan. Off., Ryan Michael Kleiboeker, recently purchased 10,000 shares of the company's common stock at a price of $13.39 per share.

Summary

• On May 2, 2024, Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt Inc., acquired 10,000 shares of common stock at $13.39 per share.
• The total value of the purchase was $133,900.
• Following the transaction, Kleiboeker directly owns 41,535.3301 shares of Leggett & Platt common stock.
• Kleiboeker also indirectly owns 1,000 shares through a spouse's IRA and 824.2938 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. An executive buying shares is generally a good sign, but it's a single transaction and doesn't provide a comprehensive view of the company's health.

Positives

• A company executive purchasing shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider buying is often monitored by investors as an indicator of management's sentiment regarding the company's valuation and future performance. It can be a positive signal, especially when executives use their own funds to purchase shares.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates