LEG CEO receives small stock grant in Form 4
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC President and CEO Karl G. Glassman received a grant of 294.1521 shares of Common Stock at $8.1175 per share. This was a compensation-related award, not an open-market purchase. After the grant, he directly holds 1,159,223.3826 shares.
He also has indirect ownership of 514,335 shares through the Glassman Living Trust and 28,788.371 shares held in a trust under the company’s retirement plan. These additional entries reflect total indirect holdings rather than new transactions on the date shown.
Insights
Routine CEO stock grant modestly increases direct ownership.
The President and CEO of LEGGETT & PLATT INC, Karl G. Glassman, received a compensatory grant of 294.1521 shares of Common Stock at $8.1175 per share on March 20, 2026. This is coded as a grant/award (transaction code A), not an open-market trade.
Following the award, he directly owns 1,159,223.3826 shares, with additional indirect holdings of 514,335 shares via the Glassman Living Trust and 28,788.371 shares in a retirement plan trust. The scale of this grant is small relative to his overall position, making it a routine compensation event rather than a thesis-changing development.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 294.1521 | $8.1175 | $2K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LEG (Leggett & Platt) CEO Karl Glassman report in this Form 4?
Was the LEG Form 4 transaction a stock purchase or sale by the CEO?
What is the transaction code used in Karl Glassman’s LEG Form 4 filing?
Does the LEG Form 4 show any derivative securities or option exercises?
How significant is this LEG stock grant compared with the CEO’s total holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.