Form 4: Leggett & Platt SVP Chief Accounting Officer Tammy M. Trent Reports Beneficial Ownership Changes

Tammy M. Trent, SVP Chief Accounting Officer of Leggett & Platt Inc, reports changes in beneficial ownership of company stock, including acquisitions at prices of $11.4325 and $10.76.

Summary

• Tammy M. Trent, the SVP Chief Accounting Officer of Leggett & Platt Inc., filed a Form 4 to report changes in beneficial ownership.
• On October 4, 2024, Trent acquired Leggett & Platt common stock in two transactions.
• The first acquisition was for 49.8614 shares at a price of $11.4325 per share.
• The second acquisition was for 82.2221 shares at a price of $10.76 per share.
• Following these transactions, Trent directly owns 49,785.3409 shares of Leggett & Platt common stock.
• Trent also indirectly owns 5,670.217 shares held in trust under the Issuer's Retirement Plan and 18,661.023 shares through the Trent Living Trust.
• The report also reflects the acquisition of 22.179 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c), based on a plan statement dated September 30, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The reporting person increased their direct holdings of the company's stock.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's confidence in the company's prospects.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's view of the company's prospects.

Key Dates