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

Executive Vice President and CFO of Leggett & Platt, Benjamin Michael Burns, reports acquisition of company stock through transactions on May 3, 2024.

Summary

• On May 3, 2024, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, engaged in transactions involving the company's common stock.
• Burns acquired 83.9806 shares at $11.8575 per share and 189.5511 shares at $11.16 per share.
• Following these transactions, Burns directly owns 76,867.0133 shares of Leggett & Platt common stock.
• Burns also indirectly owns 29.724 shares held in trust under the issuer's retirement plan, 1,272.9388 shares by spouse, and 23.132 shares held in trust under the issuer's retirement plan by spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but the act of purchasing shares can be interpreted as a sign of confidence.

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 are closely watched by investors for insights into management's perspective on the company's stock value.

Stakeholder Impact

• The reported transactions may influence investor sentiment regarding Leggett & Platt's stock.

Key Dates