Form 4: Leggett & Platt Executive Sells Shares to Cover Tax Obligations

James Tyson Hagale, an EVP at Leggett & Platt, sold 704 shares of common stock to cover tax obligations.

Summary

• James Tyson Hagale, an Executive Vice President at Leggett & Platt, sold 704 shares of the company's common stock on January 21, 2025.
• The sale was executed at a price of $10.91 per share.
• This transaction was conducted to cover tax obligations related to stock awards.
• Following the transaction, Hagale directly owns 86,114.7339 shares of Leggett & Platt common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction by an executive and does not indicate any positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to tax obligations or portfolio diversification. This transaction is not unusual for a company of this size.

Comparison to Industry Standards

• Executive stock sales are a normal part of corporate activity and are common across all industries.
• The sale of 704 shares is not a significant amount compared to the total outstanding shares of Leggett & Platt.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Leggett & Platt, stock sale, executive transaction, insider trading, Form 4, James Tyson Hagale, tax obligations