Leggett & Platt (NYSE: LEG) EVP reports tax-related share withholding on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive James Tyson Hagale reported a tax-related share disposition. On this Form 4, 1,161 shares of common stock were withheld at $10.51 per share to cover tax obligations, leaving him with 189,999.3934 shares of directly owned common stock after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAGALE JAMES TYSON
Role
EVP, Pres. - Bedding Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,161 | $10.51 | $12K |
Holdings After Transaction:
Common Stock — 189,999.393 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did LEG (Leggett & Platt) report for James Tyson Hagale?
James Tyson Hagale reported a tax-withholding disposition of 1,161 shares of Leggett & Platt common stock. The shares were withheld to satisfy tax obligations, not sold on the open market, and were priced at $10.51 per share in the Form 4 filing.
What does transaction code F mean in the LEG Form 4 for James Tyson Hagale?
Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. For LEG, 1,161 common shares were withheld at $10.51 per share to cover taxes, classifying the event as a tax-withholding disposition rather than an open-market trade.
Does the recent LEG insider Form 4 show any insider buying or selling activity?
The Form 4 does not show insider buying or selling in the open market. It records only a tax-withholding disposition of 1,161 shares under code F, meaning shares were withheld for tax purposes while the executive retained a substantial remaining common stock position.