Form 4: Leggett & Platt SVP Tammy M. Trent Reports Stock Transactions

Leggett & Platt's SVP and Chief Accounting Officer, Tammy M. Trent, reported acquiring and disposing of company stock on December 13, 2024.

Summary

• Tammy M. Trent, SVP and Chief Accounting Officer at Leggett & Platt, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On December 13, 2024, Ms. Trent acquired 59.612 shares of common stock at a price of $9.5625 per share.
• On the same day, she also acquired 98.3011 shares of common stock at a price of $9 per share.
• Following these transactions, Ms. Trent directly owns 50,677.9825 shares of common stock.
• She also indirectly owns 5,670.217 shares held in trust under the issuer's retirement plan and 18,661.023 shares held by the Trent Living Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of transactions.

Positives

• The transactions show an increase in the reporting person's direct ownership of company stock.

Industry Context

This is a routine filing related to insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are relatively small in volume compared to the overall market capitalization of Leggett & Platt, and are not unusual for executive stock transactions.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as they are routine and relatively small in volume.

Key Dates

Keywords

Leggett & Platt, insider trading, Form 4, stock transaction, beneficial ownership, Tammy M. Trent, executive compensation