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

Sentiment:

SEC Form 4 Filing


Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc, reports disposing of 155 shares of common stock to cover tax obligations.

Summary

  • On February 24, 2025, Ryan Michael Kleiboeker, an EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc, disposed of 155 shares of common stock.
  • The transaction was executed at a price of $9.58 per share.
  • Following the transaction, Kleiboeker directly owns 58,160.4375 shares of common stock.
  • Kleiboeker also indirectly owns 1,000 shares through a spouse's IRA and 851.985 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates

DateDescription
02/24/2025Date of transaction: Disposal of common stock.
02/25/2025Date of signature by attorney-in-fact.

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