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 common stock through transactions on October 15, 2024.
Summary
- On October 15, 2024, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, acquired common stock.
- He acquired 67.6144 shares at $11.1605 per share and 46.4652 shares at $10.504 per share.
- Following these transactions, Burns directly owns 84,420.9434 shares of common stock.
- He also indirectly owns 30.622 shares held in trust under the Issuer's Retirement Plan, 1,272.9388 shares by spouse, and 23.834 shares held in trust under the Issuer's Retirement Plan by spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard SEC filing reporting stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The filing indicates an executive's investment in the company's stock, which can be seen as a positive signal.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand management's perspective on the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of stock acquisition transactions |
| 10/16/2024 | Date of signature for the report |
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