Form 4: Leggett & Platt SVP Tammy M. Trent Reports Stock Disposal
SEC Form 4 Filing
Tammy M. Trent, SVP and Chief Accounting Officer of Leggett & Platt, reports the disposal of 364 shares of common stock to cover tax obligations.
Summary
- On February 24, 2025, Tammy M. Trent, SVP Chief Accounting Officer of Leggett & Platt Inc., disposed of 364 shares of common stock.
- The transaction was executed at a price of $9.58 per share.
- Following the transaction, Trent directly owns 51,293.8685 shares of common stock.
- Trent also indirectly owns 5,689.995 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 sentiment is neutral as the filing simply reports a stock disposal, likely for tax purposes, which is a routine event.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares compared to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock disposal transaction |
| 02/25/2025 | Date of signature by attorney-in-fact |
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