STOCK TITAN

Leggett & Platt (LEG) CEO receives 256,235-share stock unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GLASSMAN KARL G

(Last) (First) (Middle)
NO 1 LEGGETT ROAD

(Street)
CARTHAGE MO 64836

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 A 256,235(1) A $0 1,177,313.6943 D
Common Stock 514,335 I By Glassman Living Trust
Common Stock 28,788.371 I Held In Trust Under Issuer's Retirement Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did LEG (Leggett & Platt) CEO Karl G. Glassman report in this Form 4?

Karl G. Glassman reported receiving 256,235 shares of Leggett & Platt common stock as a grant or award. These shares are structured as restricted stock units that settle in stock and vest over three years in equal annual installments.

How are Karl G. Glassman’s new Leggett & Platt restricted stock units structured?

The award consists of restricted stock units that settle solely in Leggett & Platt common stock on a one-to-one basis. They generally vest in one-third increments on the first, second and third anniversaries of the grant date, encouraging multi-year retention and alignment.

How many Leggett & Platt shares does Karl G. Glassman hold directly after this filing?

Following the reported equity grant, Karl G. Glassman directly held 1,177,313.6943 shares of Leggett & Platt common stock. This figure reflects his direct ownership only and does not include additional indirect holdings through trusts and retirement plan arrangements.

What indirect Leggett & Platt holdings are associated with Karl G. Glassman?

Indirectly, 514,335 Leggett & Platt shares are held by the Glassman Living Trust, and 28,788.3710 shares are held in a trust under the issuer’s retirement plan. These positions are reported as indirect ownership interests separate from his directly held common shares.

Was Karl G. Glassman’s Leggett & Platt stock award a purchase or a grant?

The transaction is categorized as an acquisition through a grant or award, not an open-market purchase. It carries transaction code A, indicating a grant, award, or other acquisition, with a stated price of $0.0000 per share for the awarded restricted stock units.

Does this Leggett & Platt Form 4 show any stock sales by Karl G. Glassman?

The Form 4 does not report any sales by Karl G. Glassman. It shows one acquisition transaction coded as a grant or award and two updated indirect holding positions, without any reported dispositions or open-market selling activity in Leggett & Platt shares.
Leggett & Platt Inc

NYSE:LEG

LEG Rankings

LEG Latest News

LEG Latest SEC Filings

LEG Stock Data

1.56B
132.66M
Furnishings, Fixtures & Appliances
Household Furniture
Link
United States
CARTHAGE