Form 4: Leggett & Platt Executive Vice President Benjamin Burns Reports Stock Acquisitions
SEC Form 4 Filing
Executive Vice President and CFO of Leggett & Platt, Benjamin Michael Burns, reports acquiring company stock through direct purchases and holdings in trust.
Summary
- On November 1, 2024, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, acquired shares of Leggett & Platt common stock.
- He acquired 97.465 shares at $10.217 per share and 219.9865 shares at $9.616 per share.
- Following these transactions, Burns directly owns 85,019.7937 shares of Leggett & Platt common stock.
- He also indirectly owns 30.622 shares held in trust under the issuer's retirement plan and 1,272.9388 shares held by his spouse.
- Additionally, his spouse holds 23.834 shares in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions by an executive. The acquisitions themselves could be interpreted as slightly positive, but the document is primarily informational.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The stock acquisitions by a company executive could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock acquisition transactions |
| 11/04/2024 | Date of signature on the Form 4 filing |
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.