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

Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. at Leggett & Platt, reports acquiring common stock through transactions on August 9, 2024.

Summary

• Ryan Michael Kleiboeker, an executive at Leggett & Platt Inc., filed a Form 4 detailing changes in beneficial ownership.
• On August 9, 2024, Kleiboeker acquired common stock through transactions at prices of $10.523 and $9.904 per share.
• These acquisitions increased Kleiboeker's direct holdings to 54,059.5817 shares.
• Kleiboeker also has indirect ownership through a spouse's IRA (1,000 shares) and a trust under the issuer's retirement plan (845.682 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, indicating neutral sentiment. The stock purchase could be seen as slightly positive, but it's a routine transaction.

Positives

• The executive's purchase of company stock could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

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

Stakeholder Impact

• The stock purchase may have a minor positive impact on shareholder sentiment.

Key Dates