Form 4: Leggett & Platt Executive Vice President CFO Reports Stock Acquisitions
SEC Form 4 Filing
Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, reports acquiring common stock through transactions on May 2, 2025.
Summary
- On May 2, 2025, Benjamin Michael Burns, the Executive Vice President and CFO of Leggett & Platt, engaged in transactions involving the company's common stock.
- Burns acquired 134.6645 shares at a price of $8.1005 per share and 302.6876 shares at $7.624 per share.
- Following these transactions, Burns directly owns 137,614.7691 shares of Leggett & Platt common stock.
- Additionally, Burns indirectly owns 30.874 shares held in trust under the issuer's retirement plan and 1,272.9388 shares held by spouse.
- Burns' spouse also holds 24.036 shares in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The reported transactions reflect an increased investment in the company by a key executive, which could be perceived positively by investors.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge executive sentiment and potential future performance.
Stakeholder Impact
- Shareholders may be interested in the transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of stock transactions (acquisition of common stock). |
| 05/05/2025 | Date of signature by attorney-in-fact. |
Keywords
Leggett & Platt, stock acquisition, Form 4, executive compensation, insider trading, Benjamin Michael Burns, CFO
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