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

Sentiment:

SEC Form 4 Filing


Executive Vice President and CFO of Leggett & Platt, Benjamin Michael Burns, reports the disposal of 316 shares of common stock at $8.25 per share on March 10, 2025.

Summary

  • On March 10, 2025, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, reported a transaction involving the company's common stock.
  • Burns disposed of 316 shares of common stock at a price of $8.25 per share.
  • Following the transaction, Burns directly owns 135,303.4521 shares of Leggett & Platt common stock.
  • Burns also indirectly owns 30.733 shares held in trust under the issuer's retirement plan and 1,272.9388 shares held by spouse.
  • Burns' spouse also indirectly owns 23.924 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock disposal by an executive, and doesn't inherently indicate positive or negative sentiment. It's a factual report.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This allows the public to monitor potential insider information and its impact on the stock.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates

DateDescription
03/10/2025Date of stock transaction
03/11/2025Date of signature by attorney-in-fact

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