LEGGETT & PLATT (NYSE: LEG) EVP uses 282 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive handles tax withholding with shares. EVP Robert S. Smith Jr. delivered 282 shares of common stock at $10.51 per share to cover tax obligations, a non-market transaction coded as tax-withholding. Following this, he directly holds 146,906.979 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 282 | $10.51 | $3K |
Holdings After Transaction:
Common Stock — 146,906.979 shares (Direct)
Footnotes (1)
FAQ
What did LEG (Leggett & Platt) executive Robert S. Smith Jr. report in this Form 4?
He reported a tax-withholding disposition of 282 shares of common stock. These shares were delivered to satisfy tax liabilities, rather than sold on the open market, and are classified under transaction code F.
What does transaction code F mean in the LEG Form 4 for Robert S. Smith Jr.?
Code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 282 LEGGETT & PLATT common shares were used to cover tax obligations, which is treated as a non-market, tax-withholding disposition.
Does the LEG Form 4 show any option exercises or derivative transactions?
No, the Form 4 shows no derivative transactions or option exercises. The filing records only a single non-derivative event: a tax-withholding disposition of 282 common shares, with no remaining derivative positions listed in the derivative summary.