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

Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc, reports acquiring common stock through transactions on July 15, 2024.

Summary

• On July 15, 2024, Ryan Michael Kleiboeker, an EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc., acquired common stock through two transactions.
• The first transaction involved the acquisition of 50.8105 shares at a price of $10.302 per share.
• The second transaction involved the acquisition of 35.7415 shares at a price of $9.696 per share.
• Following these transactions, Kleiboeker directly owns 53,478.4237 shares of common stock.
• Kleiboeker also indirectly owns 1,000 shares through a spouse's IRA and 845.682 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a factual report.

Positives

• The reporting person increased their holdings in the company, which could be interpreted as a positive signal.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to periodically adjust their holdings in the company's stock.

Stakeholder Impact

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

Key Dates