Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Reports Changes in Beneficial Ownership

Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt, reports acquisition of common stock through various transactions.

Summary

• Ryan Michael Kleiboeker, an executive at Leggett & Platt, filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
• On June 28, 2024, Kleiboeker acquired common stock through transactions at prices of $9.741 and $9.168.
• These transactions increased his direct holdings to 53,090.1862 shares.
• He also has indirect ownership through his spouse's IRA and a trust under the Issuer's Retirement Plan.
• The report reflects an update to include the acquisition of 21.3882 shares under the Issuer's 401(k) Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating stock transactions by an executive. The increased holdings could be seen as slightly positive, but it's not a major event.

Positives

• The executive's increased holdings could be interpreted as a sign of confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.

Key Dates