Form 4: Leggett & Platt Executive Vice President Acquires Shares
SEC Form 4 Filing
Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, reports acquisition of company stock through direct and indirect holdings.
Summary
- On April 15, 2025, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, acquired shares of Leggett & Platt common stock.
- The transactions included the acquisition of 164.2455 shares at $5.6695 per share and 59.2916 shares at $5.336 per share.
- Following these transactions, Burns directly owns 136,570.7262 shares of common stock.
- Burns also indirectly owns 30.874 shares held in trust under the issuer's retirement plan, 1,272.9388 shares held by spouse, and 24.036 shares held in trust under the issuer's retirement plan by spouse.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating stock acquisition. The acquisition itself can be seen as slightly positive, but it's not a major event.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Executive stock acquisitions are common and are often viewed as a positive signal, indicating the executive's belief in the company's future performance.
Stakeholder Impact
- The stock acquisition could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of stock acquisition. |
| 04/16/2025 | Date of signature by attorney-in-fact. |
Keywords
Leggett & Platt, Executive Vice President, CFO, stock acquisition, beneficial ownership, Form 4, securities
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.