Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Reports Stock Acquisitions

Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt, reports acquiring common stock through transactions on August 23, 2024.

Summary

• Ryan Michael Kleiboeker, an executive at Leggett & Platt Inc., filed a Form 4 with the SEC.
• The filing reports transactions involving Leggett & Platt's common stock on August 23, 2024.
• Kleiboeker acquired 65.7828 shares at $10.7525 per share and 228.0326 shares at $10.12 per share.
• Following these transactions, Kleiboeker directly owns 54,353.3971 shares of Leggett & Platt common stock.
• He also indirectly owns 1,000 shares through his spouse's IRA and 845.682 shares held in trust under the issuer's retirement plan.
• Kleiboeker has granted power of attorney to Jennifer Joy Davis, Stanley Scott Luton, Katie Waldrip Branscum and Alisha Jo Smith to handle SEC filings.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, so the sentiment is neutral. It simply reports transactions.

Positives

• The executive's stock acquisitions could be interpreted as a positive signal about their confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies.

Stakeholder Impact

• The stock acquisitions by an executive could have a minor positive impact on shareholder sentiment.

Key Dates