Form 4: Leggett & Platt Executive Vice President Benjamin Burns Reports Stock Acquisitions

Executive Vice President and CFO of Leggett & Platt, Benjamin Michael Burns, reports acquiring shares of common stock through company plans.

Summary

• On April 5, 2024, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, reported acquiring shares of Leggett & Platt common stock.
• Burns acquired 62.6822 shares at $15.8865 per share and 141.4787 shares at $14.952 per share.
• These transactions increased his direct holdings to 75,603.7513 shares.
• Burns also has indirect ownership through a trust under the issuer's retirement plan (29.724 shares) and through his spouse (1,272.9388 shares directly and 23.132 shares held in trust under the issuer's retirement plan).
• The report also updates balances to reflect acquisitions of .527 shares and .411 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c) based on plan statements dated as of March 31, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard reporting of stock transactions by an executive.

Positives

• The acquisitions reflect the executive's investment in the company's stock.

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 may signal confidence in the company's future performance to shareholders.

Key Dates