LEGGETT & PLATT (NYSE: LEG) EVP adds shares through stock award grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive Robert S. Smith Jr., EVP and President of Specialized and FF&T, reported two small stock awards of company common stock as compensation. On April 15, 2026, he acquired 131.4019 shares at $9.6475 per share and 191.6630 shares at $9.08 per share, both coded as grants or awards rather than open-market purchases. Following these transactions, he directly holds a total of 147,896.8881 shares of LEG common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 131.402 | $9.6475 | $1K |
| Grant/Award | Common Stock | 191.663 | $9.08 | $2K |
Holdings After Transaction:
Common Stock — 147,705.225 shares (Direct)
Footnotes (1)
Key Figures
First stock award: 131.4019 shares at $9.6475
Second stock award: 191.6630 shares at $9.08
Post-transaction holdings: 147,896.8881 shares
3 metrics
First stock award
131.4019 shares at $9.6475
Common Stock grant on April 15, 2026
Second stock award
191.6630 shares at $9.08
Common Stock grant on April 15, 2026
Post-transaction holdings
147,896.8881 shares
Direct ownership after latest award
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (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.
FAQ
What insider activity did LEG executive Robert S. Smith Jr. report on this Form 4 for LEG?
Robert S. Smith Jr. reported receiving two small awards of LEG common stock as compensation. Both transactions were coded as grants or awards, adding modestly to his direct shareholdings rather than reflecting open-market buying activity.
At what prices were the LEG stock awards to Robert S. Smith Jr. recorded in the Form 4?
The filing shows awards priced at $9.6475 per share for 131.4019 shares and $9.08 per share for 191.6630 shares. These figures represent the per-share values used to record the compensation-related stock awards.
Do the reported LEG transactions by Robert S. Smith Jr. represent open-market buying or selling?
No, the transactions are classified as grants or awards of common stock, not open-market trades. They represent compensation-related acquisitions that modestly increase his holdings, rather than discretionary purchases or sales in the market.