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

Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, reported acquiring and disposing of company stock on November 15, 2024.

Summary

• Benjamin Michael Burns, the Executive Vice President and CFO of Leggett & Platt, engaged in multiple transactions involving the company's common stock on November 15, 2024.
• He acquired 99.1142 shares at a price of $10.047 per share and 223.7088 shares at $9.456 per share.
• Following these transactions, Mr. Burns directly owns 85,342.6167 shares of Leggett & Platt common stock.
• Additionally, he has indirect ownership of 30.622 shares held in trust under the issuer's retirement plan, 1,272.9388 shares owned by his spouse, and 23.834 shares held in trust under the issuer's retirement plan by his spouse.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, which is neither positive nor negative in itself.

Positives

• The transactions show the CFO's continued investment in the company's stock.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and the transactions reported are typical for executives.
• Similar filings are made by executives at companies like Tempur Sealy International and Sleep Number, which are competitors in the bedding and furniture industry.

Stakeholder Impact

• The transactions may be of interest to shareholders as they reflect the CFO's investment in the company.

Key Dates

Keywords

Leggett & Platt, stock transactions, insider trading, Form 4, Benjamin Michael Burns, executive compensation, CFO, equity securities