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 $10.2595 and $9.656 per share.

Summary

• Tammy M. Trent, the SVP Chief Accounting Officer of Leggett & Platt Inc, filed a Form 4 to report changes in beneficial ownership of the company's common stock.
• On May 17, 2024, Trent acquired 55.5622 shares at $10.2595 per share and 91.6228 shares at $9.656 per share.
• Following these transactions, Trent directly owns 48,161.6678 shares of Leggett & Platt common stock.
• Trent also indirectly owns 5,505.268 shares held in trust under the issuer's retirement plan and 18,598.257 shares through the Trent Living Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.

Industry Context

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

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It may influence investor sentiment depending on the perceived reasons for the stock acquisitions.

Key Dates