Form 4: Leggett & Platt SVP Tammy M. Trent Reports Stock Disposal to Cover Tax Obligations
SEC Filing
Tammy M. Trent, SVP and Chief Accounting Officer of Leggett & Platt, reports disposing of 577 shares of common stock on February 26, 2025, to cover tax obligations arising from vesting of restricted stock.
Summary
- On February 26, 2025, Tammy M. Trent, SVP Chief Accounting Officer of Leggett & Platt Inc., disposed of 577 shares of common stock.
- The transaction was executed to cover tax obligations.
- The price per share was $9.41.
- Following the transaction, Trent directly owns 50,716.8685 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: Neutral sentiment as it's a routine transaction to cover tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock disposal transaction |
| 02/27/2025 | Date of signature by attorney-in-fact |
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