LEGGETT & PLATT (LEG) EVP uses 3,348 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive reports tax-withholding share disposition. EVP and General Counsel Jennifer Joy Davis disposed of 3,348 shares of common stock on March 2, 2026 in a transaction coded “F,” indicating shares were used to cover a tax liability at a price of $11.50 per share. After this transaction, she directly holds approximately 118,190.7038 shares of LEG common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DAVIS JENNIFER JOY
Role
EVP - GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,348 | $11.50 | $39K |
Holdings After Transaction:
Common Stock — 118,190.704 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did LEG (LEGGETT & PLATT INC) report for Jennifer Joy Davis?
LEG reported that EVP and General Counsel Jennifer Joy Davis disposed of 3,348 shares of common stock on March 2, 2026. The transaction was coded “F,” meaning shares were delivered to satisfy a tax liability rather than sold in the open market.
Was the March 2, 2026 LEG (LEG) insider transaction an open-market sale?
No, the March 2, 2026 transaction was coded “F”, which indicates a tax-withholding disposition. Shares were surrendered to cover a tax obligation, not sold on the open market, distinguishing it from a typical discretionary insider sale.
What does transaction code “F” mean in the LEG (LEG) Form 4 filing?
Transaction code “F” signifies “Payment of exercise price or tax liability by delivering securities.” In this LEG filing, it shows that shares were used to cover a tax obligation, not as a voluntary open-market purchase or sale of common stock.