LEGGETT & PLATT (NYSE: LEG) CEO logs 27,334-share tax withholding, holds over 1.13M shares

Rhea-AI Filing Summary

LEGGETT & PLATT INC director and President & CEO Karl G. Glassman reported a tax-related share disposition on a Form 4. 27,334 shares of common stock were withheld at $9.78 per share to satisfy tax obligations, leaving 1,134,775.3792 shares held directly, along with additional indirect holdings through a retirement plan and a living trust.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider GLASSMAN KARL G

Role President and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	27,334	$9.78	$267K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,134,775.379 shares (Direct, null); Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)

Footnotes (1)

Key Figures

Tax-withholding shares: 27,334 shares Tax-withholding price: $9.78 per share Direct holdings after transaction: 1,134,775.3792 shares +2 more

5 metrics

Tax-withholding shares 27,334 shares Common Stock, transaction code F for tax liability

Tax-withholding price $9.78 per share Price applied to shares withheld for taxes

Direct holdings after transaction 1,134,775.3792 shares Common Stock held directly following Form 4 transaction

Retirement plan trust holdings 28,894.558 shares Indirect ownership held in trust under issuer's retirement plan

Glassman Living Trust holdings 514,335 shares Indirect ownership by Glassman Living Trust

Key Terms

Form 4, tax-withholding disposition, Held In Trust Under Issuer's Retirement Plan, By Glassman Living Trust

4 terms

Form 4 regulatory

"Leggett & Platt director and President & CEO Karl G. Glassman reported a tax-related share disposition on a Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

tax-withholding disposition financial

"27,334 shares of common stock were withheld at $9.78 per share to satisfy tax obligations, a tax-withholding disposition coded F."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Held In Trust Under Issuer's Retirement Plan financial

"One entry shows 28,894.558 shares held in trust under the issuer’s retirement plan, noted as Held In Trust Under Issuer's Retirement Plan."

By Glassman Living Trust financial

"Another entry shows 514,335 shares of common stock held indirectly By Glassman Living Trust."

Form 4 Insider Transactions: What Each Field Means →

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

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^*

GLASSMAN KARL G

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		F		27,334	D	$9.78	1,134,775.3792	D
Common Stock								514,335	I	By Glassman Living Trust
Common Stock								28,894.558	I	Held 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Stanley Scott Luton, attorney-in-fact	05/21/2026
	** 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)

FAQ

What insider transaction did LEG (Leggett & Platt) report for Karl G. Glassman?

Leggett & Platt reported a tax-withholding disposition for Karl G. Glassman. On this Form 4, 27,334 common shares were withheld at $9.78 per share to cover tax obligations, a routine event rather than an open-market stock sale.

How many LEG shares were withheld for taxes in Karl G. Glassman’s Form 4?

27,334 Leggett & Platt common shares were withheld for taxes. These shares were valued at $9.78 per share and were used to satisfy tax liabilities, recorded under transaction code F, which indicates payment of tax liability by delivering securities.

How many LEG shares does Karl G. Glassman hold directly after this Form 4?

After the tax-withholding transaction, Glassman holds 1,134,775.3792 shares directly. This figure reflects his remaining direct ownership of Leggett & Platt common stock, separate from his additional indirect holdings through a retirement plan and a living trust.

What indirect LEG share holdings does Karl G. Glassman report?

Glassman reports indirect LEG holdings via a retirement plan and a living trust. One entry shows 28,894.558 shares held in trust under the issuer’s retirement plan, and another shows 514,335 shares held by the Glassman Living Trust, both classified as indirect ownership.

Does Karl G. Glassman’s Form 4 for LEG show an open-market sale of shares?

No, the Form 4 does not show an open-market sale. The only disposition transaction is coded F, which reflects 27,334 shares withheld at $9.78 each to pay tax liabilities, rather than a discretionary sale on the open market.