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

Sentiment:

SEC Filing


EVP-Chief Strategic Plan. Off. Ryan Michael Kleiboeker reports acquiring Leggett & Platt Inc. common stock through transactions on March 22, 2024.

Summary

  • Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt Inc., filed a Form 4 on March 25, 2024.
  • The form reports transactions involving Leggett & Platt Inc. common stock on March 22, 2024.
  • Kleiboeker acquired 41.2993 shares at $15.963 and 144.0003 shares at $15.024.
  • Following these transactions, Kleiboeker directly owns 30,658.3909 shares of common stock.
  • He also indirectly owns 1,000 shares through his spouse's IRA and 809.773 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

  • The reported transactions show an executive's investment in the company's stock, which can be seen as a positive signal.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking to understand management's perspective on the company's stock.

Stakeholder Impact

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

Key Dates

DateDescription
03/22/2024Date of stock transactions
03/25/2024Date of Form 4 filing

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