LEGGETT & PLATT (NYSE: LEG) CEO adds shares through routine stock grant
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.
Positive
- None.
Negative
- None.
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.
FAQ
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?
How many LEG shares does Karl Glassman own after this reported grant?
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?