LEGGETT & PLATT (NYSE: LEG) EVP uses 282 shares to cover taxes
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
Net Seller: 282 shares
Net Sell
1 txn
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 282 | $10.51 | $3K |
Holdings After Transaction:
Common Stock — 146,906.979 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.