Leggett & Platt (LEG) director exits stake in Somnigroup merger

Rhea-AI Filing Summary

LEGGETT & PLATT INC (LEG) director Angela Barbee reported the disposition to the issuer of 51,033.3719 shares of common stock on August 26, 2026, leaving no directly held LEG shares. The disposition occurred in connection with a merger in which each LEG share or restricted stock unit became the right to receive 0.1455 Somnigroup International Inc. common shares or Somnigroup restricted stock units, as applicable.

Insider Trade Summary

Net Seller: 51,033.3719 shares

Net Sell 1 txn

Insider BARBEE ANGELA

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock F1	51,033.3719	--	--

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. Leggett & Platt, Incorporated ("Leggett"), Somnigroup International Inc. ("Somnigroup"), and Sparrow Unity Corporation, a direct, wholly owned subsidiary of Somnigroup ("Merger Sub") entered into an Agreement and Plan of Merger, dated April 13, 2026 (the "Merger Agreement") pursuant to which Merger Sub merged with and into Leggett (the "Merger"). The total reflects shares of Leggett common stock and outstanding Leggett restricted stock unit awards, each of which, at the effective time of the Merger (the "Effective Time"), was converted into the right to receive 0.1455 shares of Somnigroup common stock or Somnigroup restricted stock units (to be settled in cash), as applicable, pursuant to the terms of the Merger Agreement.

Key Figures

Shares disposed: 51,033.3719 shares of LEG common stock Shares held after transaction: 0.0000 shares of LEG common stock Equity conversion ratio: 0.1455 Somnigroup shares or Somnigroup RSUs per LEG share or LEG RSU

3 metrics

Shares disposed 51,033.3719 shares of LEG common stock Disposition to issuer reported on August 26, 2026

Shares held after transaction 0.0000 shares of LEG common stock Direct holdings reported following the merger-related disposition

Equity conversion ratio 0.1455 Somnigroup shares or Somnigroup RSUs per LEG share or LEG RSU Conversion at the Effective Time of the merger under the Merger Agreement

Key Terms

Agreement and Plan of Merger, Effective Time, restricted stock unit, Disposition to issuer, +1 more

5 terms

Agreement and Plan of Merger regulatory

"entered into an Agreement and Plan of Merger, dated April 13, 2026"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Effective Time regulatory

"at the effective time of the Merger (the "Effective Time"), was converted"

The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.

restricted stock unit financial

"outstanding Leggett restricted stock unit awards, each of which, at the effective time"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

Merger Sub regulatory

"Sparrow Unity Corporation, a direct, wholly owned subsidiary of Somnigroup ("Merger Sub")"

A merger sub is a temporary, wholly owned subsidiary that an acquiring company creates to carry out a merger with another firm. Think of it as a wrapper used to combine two businesses—this can simplify legal and tax steps, isolate liabilities, and help preserve the target’s contracts or stock structure, so investors watch it because the chosen approach affects deal mechanics, shareholder votes, potential dilution, and legal or tax risk.

FAQ

What insider transaction did LEG director Angela Barbee report on this Form 4?

Angela Barbee reported a disposition of 51,033.3719 LEG common shares to the issuer on August 26, 2026, in connection with a merger. Following this transaction, she reported 0 LEG shares held directly.

Why were Angela Barbee’s LEG (LEG) shares disposed of on August 26, 2026?

The disposition was tied to a merger involving LEGGETT & PLATT INC, Somnigroup International Inc., and Sparrow Unity Corporation. At the Effective Time of the merger, LEG shares and restricted stock units were converted into rights to receive Somnigroup equity or cash-settled restricted stock units.

What did each LEGGETT & PLATT (LEG) share convert into in the Somnigroup merger?

Each LEG common share and each outstanding LEG restricted stock unit was converted into the right to receive 0.1455 shares of Somnigroup common stock or Somnigroup restricted stock units (to be settled in cash), in accordance with the merger agreement.

How many LEG (LEG) shares does Angela Barbee hold after the reported merger-related transaction?

After the merger-related disposition on August 26, 2026, Angela Barbee reported holding 0.0000 LEG common shares directly. Her prior LEG equity interests converted into rights to receive Somnigroup common stock or Somnigroup restricted stock units.

Was Angela Barbee’s LEG (LEG) Form 4 transaction executed under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the merger-driven disposition was reported as a Disposition to issuer rather than a trading-plan sale.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/27/2026 - 10:42 AM Accepted by SEC EDGAR 08/27/2026 - 10:41 AM Learn about SEC filing dates

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

X

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^*

BARBEE ANGELA

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2026		D(1)		51,033.3719	D	(1)	0	D

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. Leggett & Platt, Incorporated ("Leggett"), Somnigroup International Inc. ("Somnigroup"), and Sparrow Unity Corporation, a direct, wholly owned subsidiary of Somnigroup ("Merger Sub") entered into an Agreement and Plan of Merger, dated April 13, 2026 (the "Merger Agreement") pursuant to which Merger Sub merged with and into Leggett (the "Merger"). The total reflects shares of Leggett common stock and outstanding Leggett restricted stock unit awards, each of which, at the effective time of the Merger (the "Effective Time"), was converted into the right to receive 0.1455 shares of Somnigroup common stock or Somnigroup restricted stock units (to be settled in cash), as applicable, pursuant to the terms of the Merger Agreement.

Remarks:

	/s/ Stanley Scott Luton, attorney-in-fact	08/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)