Leggett & Platt (LEG) CEO reports new stock award and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC President and CEO Karl G. Glassman reported a compensation-related acquisition of common stock. He received 282.3415 shares of Common Stock at $8.7295 per share, bringing his direct holdings to 1,135,057.7207 shares. Indirect holdings include 28,894.558 shares in the issuer's retirement plan and 514,335 shares held by the Glassman Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 282.342 | $8.7295 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,135,057.721 shares (Direct, null);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
Key Figures
Share award: 282.3415 shares
Award price: $8.7295 per share
Direct holdings after award: 1,135,057.7207 shares
+2 more
5 metrics
Share award
282.3415 shares
Grant, award, or other acquisition of Common Stock
Award price
$8.7295 per share
Price for 282.3415-share acquisition of Common Stock
Direct holdings after award
1,135,057.7207 shares
Common Stock directly held by Karl G. Glassman after transaction
Retirement plan trust holdings
28,894.558 shares
Indirect holdings in trust under issuer's retirement plan
Living Trust holdings
514,335.0000 shares
Indirect holdings by Glassman Living Trust
Key Terms
Grant, award, or other acquisition, Common Stock, Held In Trust Under Issuer's Retirement Plan, By Glassman Living Trust
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock" for all reported entries"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Held In Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: "Held In Trust Under Issuer's Retirement Plan""
By Glassman Living Trust financial
"nature_of_ownership: "By Glassman Living Trust""
FAQ
What insider transaction did LEG CEO Karl Glassman report on this Form 4 for LEG?
Karl G. Glassman reported a compensation-related acquisition of LEG common stock. He received 282.3415 shares at $8.7295 per share, recorded as a “Grant, award, or other acquisition,” increasing his directly held LEG common stock position.
What indirect Leggett & Platt (LEG) holdings are associated with Karl Glassman?
The filing shows two indirect positions for Karl G. Glassman. One is 28,894.558 shares held in trust under the issuer’s retirement plan, and another is 514,335 shares held by the Glassman Living Trust, both reported as indirect ownership entries.
Does this LEG Form 4 show any stock sales by Karl Glassman?
The Form 4 does not report any stock sales by Karl G. Glassman. It shows one acquisition of 282.3415 shares as a grant or award and two holding entries updating indirect ownership totals in a retirement plan trust and the Glassman Living Trust.