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

Tammy M. Trent, SVP and Chief Accounting Officer of Leggett & Platt, reports changes in beneficial ownership of company stock, including acquisitions through the company's 401(k) plan.

Summary

• Tammy M. Trent, SVP Chief Accounting Officer of Leggett & Platt Inc., filed a Form 4 on April 7, 2025, reporting changes in beneficial ownership.
• The report details the acquisition of common stock through the Issuer's 401(k) Plan.
• On April 4, 2025, Trent acquired 100.3322 shares at $6.1115 and 117.5556 shares at $5.752.
• These acquisitions increased her direct holdings to 65,134.1641 shares.
• She also indirectly owns 5,714.942 shares held in trust under the Issuer's Retirement Plan and 18,661.023 shares through the Trent Living Trust.
• The balance has been updated to reflect the acquisition of 24.947 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c).
• The information in this report is based on a plan statement dated as of 3/31/2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a routine disclosure of stock transactions by a company officer.

Positives

• The reporting person is increasing their holdings in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence and regulatory compliance.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency of insider transactions.
• Similar filings are made by officers and directors of companies like Tempur Sealy International and Sleep Number Corporation, providing investors with insights into management's perspective on the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

beneficial ownership, Form 4, Leggett & Platt, stock acquisition, insider trading, Trent Tammy M, 401k