STOCK TITAN

Leggett & Platt (NYSE: LEG) EVP receives stock grant, holds 110K shares

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

Rhea-AI Filing Summary

LEGGETT & PLATT INC executive Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer, received a grant of 93.7765 shares of common stock at $8.2365 per share on April 2, 2026. Following this award, he holds 110,174.6291 shares directly, plus 1,000 shares indirectly through his spouse’s IRA and 874.1340 shares held in a trust under the issuer’s retirement plan. The trust balance reflects the acquisition of 3.228 shares under the company’s 401(k) plan based on a statement dated March 31, 2026.

Positive

  • None.

Negative

  • None.
Insider KLEIBOEKER RYAN MICHAEL
Role EVP-Chief Strategic Plan. Off.
Type Security Shares Price Value
Grant/Award Common Stock 93.777 $8.2365 $772.39
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 110,174.629 shares (Direct); Common Stock — 1,000 shares (Indirect, By Spouse's IRA)
Footnotes (1)
  1. [object Object]
Stock grant 93.7765 shares Common stock award on April 2, 2026
Grant price $8.2365 per share Price for awarded common stock
Direct holdings after grant 110,174.6291 shares Common stock directly owned after transaction
Spouse IRA holdings 1,000.0000 shares Indirect ownership via spouse’s IRA
Retirement plan trust holdings 874.1340 shares Indirect holdings in trust under issuer’s retirement plan
401(k) plan acquisition 3.228 shares Additional shares acquired under 401(k) plan as of March 31, 2026
Rule 16b-3(c) regulatory
"transactions exempt under Rule 16b-3(c). The information in this report"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
401(k) Plan financial
"acquisition of 3.228 shares under the Issuer's 401(k) Plan in"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
IRA financial
"nature_of_ownership": "By Spouse's IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
EVP-Chief Strategic Plan. Off. financial
"officer_title": "EVP-Chief Strategic Plan. Off.""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
KLEIBOEKER RYAN MICHAEL

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

(Street)
CARTHAGE MISSOURI 64836

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP-Chief Strategic Plan. Off.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/02/2026A93.7765A$8.2365110,174.6291D
Common Stock1,000IBy Spouse's IRA
Common Stock874.134(1)IHeld 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Balance has been updated to reflect the acquisition of 3.228 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 3/31/2026.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did LEG executive Ryan Michael Kleiboeker report in this Form 4 filing for LEG?

Ryan Michael Kleiboeker reported receiving a grant of 93.7765 shares of LEG common stock at $8.2365 per share. This award increased his direct holdings to 110,174.6291 shares, with additional indirect holdings through his spouse’s IRA and the company’s retirement plan trust.

How many LEG shares does Ryan Michael Kleiboeker hold directly after this transaction?

After the reported grant, Ryan Michael Kleiboeker directly holds 110,174.6291 shares of LEG common stock. This figure reflects his position immediately following the April 2, 2026 award of 93.7765 shares, as disclosed in the Form 4 insider trading report.

What indirect LEG share holdings are disclosed for Ryan Michael Kleiboeker in this Form 4?

The filing shows 1,000.0000 LEG shares held indirectly through his spouse’s IRA and 874.1340 shares held in a trust under the issuer’s retirement plan. These indirect positions supplement his direct ownership and are reported separately to clarify different ownership structures.

What does the footnote about the 401(k) plan mean for LEG shares held in trust?

The footnote explains that the trust balance was updated to include 3.228 additional LEG shares acquired under the company’s 401(k) plan. This update is based on a plan statement dated March 31, 2026, and reflects transactions exempt under Rule 16b-3(c).

Was the LEG stock transaction by Ryan Michael Kleiboeker an open-market purchase or a grant?

The transaction is reported with code A, indicating a grant, award, or other acquisition of shares, not an open-market purchase. He received 93.7765 LEG shares at $8.2365 per share as compensation or a similar award rather than buying them on the market.