Tenable Holdings Set to Join S&P SmallCap 600

Rhea-AI Summary

Tenable Holdings (NASD: TENB) will be added to the S&P SmallCap 600, replacing Leggett & Platt (NYSE: LEG), effective prior to the open on August 31, 2026, according to S&P Dow Jones Indices. Leggett & Platt is being acquired by Somnigroup International (NYSE: SGI), a constituent of the S&P MidCap 400, in a transaction expected to close soon, subject to final conditions.

The index change will place Tenable in the Information Technology sector within the S&P SmallCap 600, while Leggett & Platt, classified in Consumer Discretionary, will be deleted from that index on the same effective date.

Positive

• Tenable added to S&P SmallCap 600 effective August 31, 2026
• Somnigroup acquiring Leggett & Platt, triggering index rebalancing

Negative

• Leggett & Platt removed from S&P SmallCap 600 on August 31, 2026

Key Figures

Effective date: August 31, 2026 Index: S&P SmallCap 600

2 metrics

Effective date August 31, 2026 Tenable Holdings addition to the S&P SmallCap 600

Index S&P SmallCap 600 Tenable Holdings will be added before the market open

Historical Context

5 past events · Latest: Aug 25 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 25	Home price index report	Neutral	-0.6%	Reported June home-price gains alongside continued real-term declines
Aug 18	Industry conference announcement	Neutral	+2.1%	Announced APPEC conference focused on Asia-Pacific energy-market developments
Aug 14	Product feature correction	Neutral	-2.0%	Corrected announcement describing a CARFAX vehicle-reliability feature
Aug 14	Index inclusion announcement	Positive	-0.9%	Announced Reddit's addition to the S&P 500 effective August 18
Aug 13	Index changes announcement	Neutral	-0.9%	Announced S&P 500 and MidCap 400 constituent changes

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent SPGI news reactions ranged from -1.97% to +2.07%, showing no consistent directional pattern.

Key Terms

constituent, gics sector, closing conditions

3 terms

constituent financial

"S&P MidCap 400 constituent Somnigroup International Inc."

A constituent is a single component of a larger financial grouping, such as one company’s stock within a market index or an individual holding inside a fund. Knowing which constituents are included helps investors understand what they own or track, the sources of returns and risks, and how changes to those pieces can alter the overall performance—like checking ingredients to predict a recipe’s flavor and effects.

gics sector financial

"Company Name | Ticker | GICS Sector"

GICS sector is one of the major industry groupings from the Global Industry Classification Standard, a system that sorts companies into consistent categories (like Technology or Health Care) based on the primary business they do. Investors use these sectors like folders in a filing cabinet to compare companies, build diversified portfolios, and track how whole parts of the market are performing rather than focusing on single stocks.

closing conditions regulatory

"pending final closing conditions"

Closing conditions are specific requirements or steps that must be met before a financial deal or transaction can be finalized. They act like a checklist that ensures all necessary details are confirmed and agreed upon, giving both parties confidence that the deal is ready to be completed. Meeting these conditions is essential for the transaction to move forward smoothly and successfully.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Aug. 26, 2026 /PRNewswire/ -- Tenable Holdings Inc. (NASD: TENB) will replace Leggett & Platt Inc. (NYSE: LEG) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, August 31. S&P MidCap 400 constituent Somnigroup International Inc. (NYSE: SGI) is acquiring Leggett & Platt in a deal expected to be completed soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name		Action	Company Name	Ticker	GICS Sector
Aug 31, 2026	S&P SmallCap 600	Addition		Tenable Holdings	TENB	Information Technology
Aug 31, 2026	S&P SmallCap 600	Deletion		Leggett & Platt	LEG	Consumer Discretionary

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SOURCE S&P Dow Jones Indices

FAQ

When will Tenable Holdings (TENB) join the S&P SmallCap 600 index?

Tenable Holdings will join the S&P SmallCap 600 before trading opens on August 31, 2026. According to S&P Dow Jones Indices, Tenable will be added as an Information Technology company during this index rebalancing, replacing Leggett & Platt.

Which company is Tenable Holdings (TENB) replacing in the S&P SmallCap 600 on August 31, 2026?

Tenable Holdings will replace Leggett & Platt (LEG) in the S&P SmallCap 600 on August 31, 2026. According to S&P Dow Jones Indices, Leggett & Platt will be deleted from the index due to its pending acquisition.

Why is Leggett & Platt (LEG) being removed from the S&P SmallCap 600 index?

Leggett & Platt is being removed because it is being acquired by Somnigroup International (SGI). According to S&P Dow Jones Indices, this acquisition, expected to close soon pending final conditions, triggers Leggett & Platt’s deletion from the S&P SmallCap 600.

What sector classification will Tenable Holdings (TENB) have in the S&P SmallCap 600?

Tenable Holdings will be classified in the Information Technology sector within the S&P SmallCap 600. According to S&P Dow Jones Indices, this sector assignment reflects Tenable’s business profile as it enters the index on August 31, 2026.

How does Somnigroup International (SGI) factor into the S&P index changes involving LEG and TENB?

Somnigroup International, an S&P MidCap 400 constituent, is acquiring Leggett & Platt. According to S&P Dow Jones Indices, this pending acquisition leads to Leggett & Platt’s removal from the S&P SmallCap 600 and the simultaneous addition of Tenable Holdings.

Will Somnigroup International (SGI) change indexes after acquiring Leggett & Platt (LEG)?

The announcement does not state any index change for Somnigroup International. According to S&P Dow Jones Indices, SGI remains an S&P MidCap 400 constituent while acquiring Leggett & Platt, which is being removed from the S&P SmallCap 600.