Form 4: Leggett & Platt SVP Tammy M. Trent Reports Acquisition of Common Stock
SEC Form 4 Filing
Tammy M. Trent, SVP and Chief Accounting Officer of Leggett & Platt, reports acquiring common stock through transactions on November 1, 2024.
Summary
- On November 1, 2024, Tammy M. Trent, SVP and Chief Accounting Officer of Leggett & Platt, acquired common stock of the company.
- The transactions involved the acquisition of 55.7933 shares at $10.217 per share and 92.004 shares at $9.616 per share.
- Following these transactions, Trent directly owns 50,228.5534 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.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Positives
- The acquisition of shares by a company officer can be seen as a positive signal, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company officers and directors.
Stakeholder Impact
- The reported transactions may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of the common stock acquisition transactions. |
| 11/04/2024 | Date of signature by attorney-in-fact. |
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