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LEGGETT & PLATT (NYSE: LEG) CEO adds shares through routine stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GLASSMAN KARL G

(Last)(First)(Middle)
NO 1 LEGGETT ROAD

(Street)
CARTHAGE MISSOURI 64836

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/20/2026A294.1521A$8.11751,159,223.3826D
Common Stock514,335IBy Glassman Living Trust
Common Stock28,788.371IHeld In Trust Under Issuer's Retirement Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact03/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did LEG (Leggett & Platt) CEO Karl Glassman report in this Form 4?

Karl G. Glassman reported receiving a grant of 294.1521 shares of LEG Common Stock at $8.1175 per share. The transaction is classified as a grant or award, increasing his direct share ownership as part of routine equity compensation.

Was the LEG Form 4 transaction a stock purchase or sale by the CEO?

The Form 4 does not show a purchase or sale; it shows a grant. Karl G. Glassman received 294.1521 shares as a compensation-related award, rather than buying or selling shares in the open market on his own initiative.

How many LEG shares does Karl Glassman own after this reported grant?

After the grant, Karl G. Glassman directly owns 1,159,223.3826 LEG shares. In addition, he has 514,335 shares held indirectly through the Glassman Living Trust and 28,788.371 shares held in a trust under the company’s retirement plan.

What is the transaction code used in Karl Glassman’s LEG Form 4 filing?

The filing uses transaction code A for the 294.1521-share entry, which denotes a grant, award, or other acquisition. This indicates an equity compensation event rather than an open-market trade, aligning with routine stock-based executive compensation practices.

Does the LEG Form 4 show any derivative securities or option exercises?

The Form 4 data show no derivative transactions or option exercises for Karl G. Glassman. The derivativeSummary is empty, and the only reported activity is a non-derivative Common Stock grant of 294.1521 shares at $8.1175 per share.

How significant is this LEG stock grant compared with the CEO’s total holdings?

The 294.1521-share grant is small relative to Karl G. Glassman’s total direct holdings of 1,159,223.3826 shares. When combined with his indirect holdings, the award modestly increases an already large position, indicating a routine compensation event rather than a major ownership shift.
Leggett & Platt Inc

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Furnishings, Fixtures & Appliances
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