Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Reports Stock Transactions
SEC Form 4 Filing
Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt, reports acquisition of company stock through transactions on March 8, 2024.
Summary
- On March 8, 2024, Ryan Michael Kleiboeker, an EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc., acquired company stock.
- The transactions involved the acquisition of 1,319.9356 shares at $17.391 per share and 132.1762 shares at $16.368 per share.
- Following these transactions, Kleiboeker directly owns 30,669.0913 shares of Leggett & Platt 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: This is a routine disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider activity.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as an indicator of their confidence in the company's performance.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock transactions (acquisition of shares). |
| 03/11/2024 | Date of signature for the Form 4 filing. |
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