Leggett & Platt (NYSE: LEG) grants stock to EVP
Rhea-AI Filing Summary
Leggett & Platt EVP-Chief Strategic Planning Officer Ryan Michael Kleiboeker reported two stock grant/award acquisitions of common stock on 2025-10-03: 95.9822 shares at $7.6585 per share and 221.4415 shares at $7.2080 per share, both held directly.
After these awards, he directly holds 84,977.4645 common shares. Indirectly, 1,000.0000 shares are held through his spouse's IRA and 866.2130 shares are held in a trust under the issuer's retirement plan. The reported balances reflect an additional 4.152 shares acquired under the issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c), based on a plan statement dated as of 9/30/2025.
Positive
- None.
Negative
- None.
Insights
Officer purchases of common stock were reported on 10/03/2025
The reported purchases total 317.4237 shares executed in two non-derivative transactions, recorded with Code V, which indicates acquisitions under a written plan or instruction that can provide an affirmative defense under Rule 10b5-1. Holding disclosure shows large aggregate beneficial ownership in the 84,000–85,000 share range, plus indirect holdings: 1,000 by spouse's IRA and 866.213 in a retirement trust.
Dependence on plan timing and plan documentation is the main monitoring point; the report references a plan statement dated 9/30/2025. Investors might note insider purchases as a governance signal; if plan-exempt purchases continue, subsequent filings will clarify whether activity follows scheduled plan terms over the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 95.9822 | $7.6585 | $735.08 |
| Grant/Award | Common Stock | 221.4415 | $7.208 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Balance has been updated to reflect the acquisition of 4.152 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 9/30/2025.
Key Figures
Key Terms
Rule 16b-3(c) regulatory
401(k) Plan financial
By Spouse's IRA financial
Held in Trust Under Issuer's Retirement Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.