Form 4: Leggett & Platt SVP Acquires Shares in Recent Transactions
SEC Form 4 Filing
Robert S. Smith Jr., SVP at Leggett & Platt, reports acquiring company stock through transactions on May 31, 2024.
Summary
- Robert S. Smith Jr., a Senior Vice President at Leggett & Platt Inc., filed a Form 4 indicating changes in beneficial ownership of the company's stock.
- On May 31, 2024, Smith acquired 71.7373 shares of common stock at a price of $9.86 per share.
- Additionally, on the same day, Smith acquired 116.0474 shares of common stock at $9.28 per share.
- Following these transactions, Smith directly owns 39,031.4826 shares of Leggett & Platt Inc.
- The form was signed on June 3, 2024, by Stanley Scott Luton, acting as attorney-in-fact.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Positives
- The reporting person increased their holdings in the company, which could be interpreted as a positive signal.
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 transactions may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock acquisition transactions. |
| 06/03/2024 | Date of Form 4 signature. |
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