Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Reports Stock Transaction
SEC Form 4 Filing
EVP-Chief Strategic Plan. Off. Ryan Michael Kleiboeker of Leggett & Platt reports disposition of shares to cover tax obligations.
Summary
- On March 11, 2024, Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt, reported a transaction involving common stock.
- A total of 196 shares were disposed of at a price of $20.68 per share.
- This transaction was to cover tax obligations.
- Following the transaction, Kleiboeker directly owns 30,473.0913 shares of common stock.
- Kleiboeker also indirectly owns 1,000 shares through a spouse's IRA and 809.773 shares held in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations, which is a common practice among executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transaction |
| 03/12/2024 | Date of signature by attorney-in-fact |
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