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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 disclosing that President & CEO Karl G. Glassman acquired additional company stock on 06/27/2025.

  • Transaction details: 303.8385 shares of common stock acquired (transaction code A) at a reported price of $7.8625 per share, implying a total value of roughly $2.4 thousand.
  • Post-transaction holdings: Glassman now directly owns 1,425,301.6074 LEG shares and indirectly controls 28,289.387 shares held in the company’s retirement plan.
  • Role: Glassman serves as Director, President, and Chief Executive Officer.

The filing indicates a small incremental purchase rather than a sale, suggesting continued insider alignment but involving an immaterial dollar amount relative to both Glassman’s existing stake and LEG’s market capitalization.

Positive

  • Insider purchase: CEO acquired additional common shares, a generally supportive signal even if small.

Negative

  • None.

Insights

TL;DR – CEO bought ~304 shares; symbolic show of confidence, financially immaterial.

The Form 4 shows a modest automatic acquisition (code A) of roughly $2.4 k in stock by CEO Karl Glassman. His direct ownership rises to 1.425 million shares, so the added 304 shares increase his stake by less than 0.03%. Because no shares were sold and Glassman already has a large position, the filing conveys a neutral-to-slightly positive signal of ongoing insider commitment but is unlikely to influence valuation or trading volumes. There are no derivative transactions or sales that might raise concern.

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*
GLASSMAN KARL G

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025
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 06/27/2025 A 303.8385 A $7.8625 1,425,301.6074 D
Common Stock 28,289.387 I Held In Trust Under Issuer's Retirement Plan
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:
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 06/30/2025
** 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 CEO Karl G. Glassman purchase?

He acquired 303.8385 common shares on 06/27/2025.

At what price were the shares acquired?

The reported acquisition price was $7.8625 per share.

What is Glassman’s total direct ownership after the transaction?

He now directly holds 1,425,301.6074 LEG shares.

Did the filing report any stock sales by the insider?

No. The Form 4 only shows an acquisition; no disposals were reported.

How many shares does Glassman hold indirectly in the retirement plan?

He indirectly owns 28,289.387 shares through the issuer’s retirement plan.

Does this Form 4 indicate a Rule 10b5-1 trading plan?

The filing does not check the box indicating the transaction was under a Rule 10b5-1 plan.
Leggett & Platt Inc

NYSE:LEG

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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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