Leggett & Platt (NYSE: LEG) EVP receives 4,370-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive Ryan Michael Kleiboeker, EVP–Chief Strategic Planning Officer, reported an acquisition of common stock through a grant or award. He received 4,370.3878 shares of common stock at a price of $9.9280 per share, bringing his directly owned holdings to 112,181.2119 shares. The filing also shows indirect ownership of 1,000.0000 shares held by his spouse's IRA and 870.9060 shares held in a trust under the issuer's retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
KLEIBOEKER RYAN MICHAEL
Role
EVP-Chief Strategic Plan. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,370.388 | $9.928 | $43K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 112,181.212 shares (Direct);
Common Stock — 1,000 shares (Indirect, By Spouse's IRA)
Footnotes (1)
FAQ
What insider transaction did LEG (Leggett & Platt) report for Ryan Michael Kleiboeker?
LEG reported that EVP–Chief Strategic Planning Officer Ryan Michael Kleiboeker acquired common stock through a grant or award. The Form 4 shows he received 4,370.3878 shares at $9.9280 per share, increasing his directly held position in the company.
Was the LEG insider transaction for Ryan Michael Kleiboeker a market purchase or a grant?
The transaction was a grant or award of stock, not a market purchase. It is identified with transaction code A, described as a grant, award, or other acquisition, typically representing equity compensation rather than open-market buying activity.
What role does Ryan Michael Kleiboeker hold at LEGGETT & Platt, and why is his Form 4 relevant?
Ryan Michael Kleiboeker serves as EVP–Chief Strategic Planning Officer at LEGGETT & Platt. His Form 4 is relevant because it discloses equity grants and holdings for a senior officer, providing transparency into management’s ownership in the company.