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[Form 4] Leggett & Platt, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Leggett & Platt, Inc. (LEG) filed a Form 4 showing two automatic share acquisitions by Executive Vice President & Chief Financial Officer Benjamin Michael Burns on 11 July 2025.

  • Shares acquired: 126.6883 at $8.6105 and 284.7594 at $8.1040, totaling 411.4477 shares (≈ $3.4 thousand).
  • Post-transaction holdings: 139,836.9946 directly owned shares, plus 31.111 shares in the company 401(k) plan, 1,272.9388 shares held by his spouse, and 24.22 shares in his spouse’s 401(k) plan.
  • Transaction code “A” indicates acquisitions under employee stock/retirement plans exempt under Rule 16b-3(c), not discretionary open-market purchases.
  • No derivative security activity was reported, and there were no dispositions.

The filing reflects routine participation in company stock and retirement programs, marginally increasing insider ownership without materially affecting the company’s share structure or signaling a strategic shift.

Positive

  • CFO increased direct ownership by 411.4477 shares, reinforcing alignment with shareholders.
  • No insider sales were reported, which can be interpreted as a modest confidence signal.

Negative

  • Purchase size is immaterial (≈ $3.4 k) and represents a routine plan contribution rather than a discretionary investment, limiting its signaling value.

Insights

TL;DR: Small, plan-based insider buy; negligible near-term valuation impact.

The CFO’s acquisition of roughly 0.3 % of his existing stake (≈ $3.4 k) is immaterial relative to LEG’s 139 million-share float. Because the purchases were coded “A,” they stem from standing benefit programs, so they do not necessarily reflect management’s tactical view on valuation. Nevertheless, the absence of any sales and continued accumulation supports governance alignment but is unlikely to influence trading dynamics or analyst estimates.

TL;DR: Routine equity plan activity; governance stance unchanged.

Regular participation in employee stock and 401(k) discount plans maintains management–shareholder alignment. The filing contains no red flags—no pledging, option exercises, or inter-family transfers. Given the de minimis size, board oversight and insider-trading safeguards appear intact, classifying the event as governance-neutral.

SEC Form 4
FORM 4 UNITED 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*
BURNS BENJAMIN MICHAEL

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

(Street)
CARTHAGE MO 64836

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President - CFO
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 07/11/2025 A 126.6883 A $8.6105 139,552.2352(1) D
Common Stock 07/11/2025 A 284.7594 A $8.104 139,836.9946 D
Common Stock 31.111(2) I Held In Trust Under Issuer's Retirement Plan
Common Stock 1,272.9388 I By Spouse
Common Stock 24.22(3) I Held In Trust Under Issuer's Retirement Plan By Spouse
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Balance has been updated to reflect the acquisition of 12.6319 shares under the Issuer's Discount Stock Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a statement dated 6/30/2025.
2. Balance has been updated to reflect the acquisition of .237 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 6/30/2025.
3. Balance has been updated to reflect the acquisition of .184 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 6/30/2025.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 07/14/2025
** Signature of Reporting Person Date
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.

FAQ

How many LEG shares did the CFO purchase on 11 July 2025?

Benjamin M. Burns acquired 411.4477 LEG common shares on that date.

At what prices were the LEG shares acquired?

The shares were purchased at $8.6105 and $8.1040 per share under employee stock plans.

What is the CFO’s total direct LEG shareholding after the transactions?

Post-transaction direct ownership stands at 139,836.9946 shares.

Were any derivative securities involved in this Form 4 filing for LEG?

No. The report shows no activity in options or other derivative securities.

Is the transaction considered an open-market insider purchase?

No. It is coded “A,” indicating acquisitions through company benefit plans, not discretionary open-market buys.

Did the filing report any insider sales?

No insider sales were disclosed in this Form 4.
Leggett & Platt Inc

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1.26B
132.57M
2%
86.22%
6.31%
Furnishings, Fixtures & Appliances
Household Furniture
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United States
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