Leggett & Platt CEO granted 256K stock units
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC President and CEO Karl G. Glassman reported an equity award of 256,235 shares of common stock on a grant or award basis at a stated price of $0.0000 per share. A footnote explains these are restricted stock units that settle in common stock on a one-to-one basis and generally vest in one-third increments on the first, second and third anniversaries of the grant date.
After this award, Glassman directly held 1,177,313.6943 common shares. Indirectly, 514,335 shares were held by the Glassman Living Trust and 28,788.3710 shares were held in a trust under the issuer's retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 256,235 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents restricted stock units (settled solely in common stock on a one-to-one basis), which generally vest in one-third increments on the first, second and third anniversaries of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LEG (Leggett & Platt) CEO Karl G. Glassman report in this Form 4?
How are Karl G. Glassman’s new Leggett & Platt restricted stock units structured?
What indirect Leggett & Platt holdings are associated with Karl G. Glassman?
Was Karl G. Glassman’s Leggett & Platt stock award a purchase or a grant?
Does this Leggett & Platt Form 4 show any stock sales by Karl G. Glassman?
AI-generated analysis. How Rhea-AI works. Not financial advice.