Director at Leggett & Platt (NYSE: LEG) receives new stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BARBEE ANGELA reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC director Angela Barbee received a stock award of 922.7978 shares of Common Stock. The shares were granted at a price of $7.992 per share as compensation, not through an open-market purchase.
After this grant, Barbee directly holds a total of 49,730.9167 shares of Leggett & Platt common stock. This filing reflects a routine equity compensation award to a board member, increasing her direct ownership stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BARBEE ANGELA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 922.798 | $7.992 | $7K |
Holdings After Transaction:
Common Stock — 49,730.917 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 922.7978 shares
Grant price: $7.992 per share
Total shares after grant: 49,730.9167 shares
3 metrics
Shares granted
922.7978 shares
Common Stock grant to director Angela Barbee
Grant price
$7.992 per share
Value used for the Common Stock award
Total shares after grant
49,730.9167 shares
Angela Barbee direct holdings following the transaction
Key Terms
Grant, award, or other acquisition, Common Stock, Form 4
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock" in the reported transaction"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did LEG director Angela Barbee report in this Form 4 filing for LEG?
Angela Barbee reported receiving a stock award of 922.7978 shares of Leggett & Platt Common Stock. The award was granted at $7.992 per share as compensation, increasing her direct holdings to 49,730.9167 shares after the transaction.
What is the size and price of the stock grant reported by Angela Barbee at LEG?
The stock grant to Angela Barbee totaled 922.7978 shares of Leggett & Platt Common Stock. The grant was valued at $7.992 per share, representing routine director equity compensation rather than an open-market purchase or sale of existing shares.
Is this LEG Form 4 transaction a routine compensation event?
Yes, the Form 4 describes a routine compensation event. Angela Barbee received 922.7978 shares as a grant or award at $7.992 per share, classified as a “Grant, award, or other acquisition,” which is typical equity compensation for a company director.