LEGGETT & PLATT INC (NYSE: LEG) director reports stock grant and trust holdings
Rhea-AI Filing Summary
Leggett & Platt director Phoebe A. Wood reported a compensation-related acquisition of 178.1177 shares of common stock at $8.7360 per share, increasing her direct holdings to 94,134.4672 shares. The report also lists 400 shares held in each of two irrevocable trusts for her daughters as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
WOOD PHOEBE A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 178.118 | $8.736 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 94,134.467 shares (Direct);
Common Stock — 400 shares (Indirect, By Daughter AW Irrevocable Trust)
Footnotes (1)
Key Figures
Grant shares: 178.1177 shares
Grant price: $8.7360 per share
Direct holdings after transaction: 94,134.4672 shares
+2 more
5 metrics
Grant shares
178.1177 shares
Grant, award, or other acquisition of common stock
Grant price
$8.7360 per share
Price per share for the grant or award acquisition
Direct holdings after transaction
94,134.4672 shares
Total direct common stock owned following the acquisition
KW Irrevocable Trust holdings
400.0000 shares
Indirect ownership via Daughter KW Irrevocable Trust
AW Irrevocable Trust holdings
400.0000 shares
Indirect ownership via Daughter AW Irrevocable Trust
Key Terms
Grant, award, or other acquisition, Irrevocable Trust, Indirect ownership
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Irrevocable Trust financial
"nature_of_ownership: By Daughter KW Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Indirect ownership financial
"ownership_type: indirect, ownership_code: I"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Phoebe A. Wood report in this Form 4 for LEG?
Phoebe A. Wood reported a grant or award acquisition of 178.1177 shares of Leggett & Platt common stock at $8.7360 per share, increasing her direct holdings to 94,134.4672 shares and updating indirect holdings in two irrevocable trusts.
What is Phoebe A. Wood’s total direct ownership in LEG after the reported transaction?
After the reported grant, Phoebe A. Wood directly holds 94,134.4672 shares of Leggett & Platt common stock. This figure represents her direct ownership following the acquisition of 178.1177 additional shares at $8.7360 per share.
What indirect holdings in LEG does Phoebe A. Wood report through trusts?
She reports indirect ownership of 400 shares of Leggett & Platt common stock in the Daughter KW Irrevocable Trust and 400 shares in the Daughter AW Irrevocable Trust, each shown as separate indirect holdings following the reported entries.
Does this LEG Form 4 show any open-market buying or selling by Phoebe A. Wood?
No open-market buys or sells are shown; the filing reports a grant or award acquisition of 178.1177 shares and updates to indirect trust holdings. The transaction code and description indicate compensation-related activity, not market trading.