Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Reports Stock Transactions
SEC Filing
Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt, reports acquisition of common stock via transactions on June 14, 2024.
Summary
- Ryan Michael Kleiboeker, an executive at Leggett & Platt Inc., filed a Form 4 with the SEC.
- The form details changes in beneficial ownership of the company's common stock.
- On June 14, 2024, Kleiboeker acquired 75.1719 shares at $9.4095 and 260.5793 shares at $8.856.
- Following these transactions, Kleiboeker directly owns 52,765.8611 shares.
- Additionally, he indirectly owns 1,000 shares through his spouse's IRA and 824.2938 shares held in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting document of stock transactions.
Positives
- The filing indicates an executive's continued investment in the company's stock.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- Shareholders may view the executive's stock purchases as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of stock transactions (acquisition of shares). |
| 06/17/2024 | Date of signature on the Form 4 filing. |
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