[Form 4] Leggett & Platt, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer of Leggett & Platt, reported purchases of the issuer's common stock on 08/22/2025. The Form 4 shows two non-derivative acquisitions: 89.5238 shares at $8.211 and 206.5411 shares at $7.728, increasing his reported direct beneficial ownership from 83,862.8839 to 84,069.425 shares. The filing also discloses 1,000 shares held in spouse's IRA and 862.061 shares held in trust under the issuer's retirement plan. The form is signed by an attorney-in-fact on 08/25/2025.
Positive
- Executive reported purchases of common stock on 08/22/2025 showing continued insider buying
- Beneficial ownership increased from 83,862.8839 to 84,069.425 shares, documented transparently
Negative
- None.
Insights
TL;DR: Officer reported small open-market purchases, modestly increasing direct ownership; disclosure meets Section 16 reporting requirements.
The Form 4 documents routine insider acquisitions by an executive officer. Transactions are non-derivative common stock purchases executed on 08/22/2025 with prices shown. The filing includes direct and indirect holdings and was executed by an attorney-in-fact. No departures, grants, or derivative exercises are reported. This disclosure is procedural and provides transparency on insider holdings.
TL;DR: Small-scale insider purchases reported; immaterial to company capitalization but relevant for ownership tracking.
The reported acquisitions total approximately 296.0649 shares added to direct holdings, reflected in the increase to 84,069.425 shares beneficially owned. The filing also clarifies indirect holdings in a spouse's IRA and a retirement trust. No material transactions or derivative activity are present. Impact on valuation or control is negligible based on reported amounts.