Leggett & Platt (LEG) HR chief receives stock award at $9.01
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ODAFFER LINDSEY NICOLE reported acquisition or exercise transactions in this Form 4 filing.
Leggett & Platt executive vice president and chief HR officer Lindsey Nicole Odaffer received a compensation-related grant of 81.4573 shares of common stock at $9.0100 per share. After this award, she directly holds 85,988.9036 shares of common stock. She also has an indirect position of 25.1260 shares held in trust under the company’s retirement plan, which is reported here as a holding entry rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ODAFFER LINDSEY NICOLE
Role
EVP - Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 81.457 | $9.01 | $733.93 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,988.904 shares (Direct, null);
Common Stock — 25.126 shares (Indirect, Held in Trust Under Issuer's Retirement Plan)
Footnotes (1)
Key Figures
Stock grant size: 81.4573 shares
Grant price: $9.0100 per share
Direct holdings after grant: 85,988.9036 shares
+1 more
4 metrics
Stock grant size
81.4573 shares
Common Stock grant to EVP - Chief HR Officer
Grant price
$9.0100 per share
Price per share for the 81.4573-share award
Direct holdings after grant
85,988.9036 shares
Common Stock directly owned following the transaction
Indirect retirement plan holdings
25.1260 shares
Held in trust under issuer's retirement plan
Key Terms
Grant, award, or other acquisition, Held in Trust Under Issuer's Retirement Plan, transaction code A
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Held in Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: Held in Trust Under Issuer's Retirement Plan"
transaction code A financial
"transaction_code: A for the non-derivative common stock entry"
FAQ
What insider transaction did LEG executive Lindsey Nicole Odaffer report?
Lindsey Nicole Odaffer reported receiving a grant of 81.4573 shares of Leggett & Platt common stock. The award was recorded at $9.0100 per share and reflects compensation rather than an open-market purchase or sale activity.
What is the size and price of the stock award to LEG’s chief HR officer?
The chief HR officer received 81.4573 shares of Leggett & Platt common stock. The filing lists the award at a price of $9.0100 per share, indicating a relatively small, routine equity-based compensation grant for the executive.
Is the Form 4 transaction for LEG an open-market buy or sell?
The Form 4 transaction for Leggett & Platt is a grant or award acquisition, not an open-market buy or sell. The filing classifies the 81.4573-share entry with transaction code A, indicating a compensation-related stock award to the executive.
What indirect holdings does the LEG executive report in the retirement plan trust?
The executive reports 25.1260 shares of Leggett & Platt common stock held indirectly. These shares are described as held in trust under the issuer’s retirement plan, and the entry is labeled as a holding rather than a new acquisition or disposition.