STOCK TITAN

Leggett & Platt (NYSE: LEG) grants stock to EVP

(Neutral)
(Neutral)
Form Type
4

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

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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 KLEIBOEKER RYAN MICHAEL
Role EVP-Chief Strategic Plan. Off.
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 -- -- --
Holdings After Transaction: Common Stock — 84,977.4645 shares (Direct); Common Stock — 1,000 shares (Indirect, By Spouse's IRA); Common Stock — 866.213 shares (Indirect, Held in Trust Under Issuer's Retirement Plan)
Footnotes (1)
  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.
Stock award 1 95.9822 shares Common Stock grant/award on 2025-10-03 at $7.6585 per share
Stock award 2 221.4415 shares Common Stock grant/award on 2025-10-03 at $7.2080 per share
Direct holdings after awards 84,977.4645 shares Direct Common Stock position after reported transactions
Spouse's IRA holdings 1000.0000 shares Indirect Common Stock held via spouse's IRA
Retirement plan trust holdings 866.2130 shares Indirect Common Stock held in trust under issuer's retirement plan
401(k) Plan acquisition 4.152 shares Additional shares acquired under issuer's 401(k) Plan
Rule 16b-3(c) regulatory
"transactions exempt under Rule 16b-3(c). The information in this"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
401(k) Plan financial
"acquisition of 4.152 shares under the Issuer's 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
By Spouse's IRA financial
"nature_of_ownership: By Spouse's IRA"
Held in Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: Held in Trust Under Issuer's Retirement Plan"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stock awards did LEG executive Ryan Kleiboeker report on 2025-10-03?

Ryan Michael Kleiboeker reported two grant/award acquisitions of Leggett & Platt common stock on 2025-10-03, for 95.9822 shares at $7.6585 per share and 221.4415 shares at $7.2080 per share, all as direct holdings.

How many LEG shares does Ryan Kleiboeker hold directly after these Form 4 awards?

Following the reported stock awards, Ryan Michael Kleiboeker directly holds 84,977.4645 Leggett & Platt common shares. This post-transaction balance comes from the canonical holding reported for his direct ownership position in the filing.

What indirect LEG share holdings are reported for Ryan Kleiboeker?

The filing shows indirect holdings of 1,000.0000 Leggett & Platt shares held via his spouse's IRA and 866.2130 shares held in a trust under the issuer's retirement plan, in addition to his reported direct ownership.

What does the 401(k) Plan footnote mean in the LEG Form 4?

A footnote states the reported balance reflects acquisition of 4.152 shares 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.

Were the reported LEG transactions by Ryan Kleiboeker buys or awards?

The Form 4 classifies both reported transactions as grant/award acquisitions of common stock (code A), not open-market purchases, indicating they are stock-based compensation awards rather than discretionary buying in the market.
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*
KLEIBOEKER RYAN MICHAEL

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP-Chief Strategic Plan. Off.
3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025
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 10/03/2025 A 95.9822 A $7.6585 84,756.023 D
Common Stock 10/03/2025 A 221.4415 A $7.208 84,977.4645 D
Common Stock 1,000 I By Spouse's IRA
Common Stock 866.213(1) 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:
1. 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.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 10/06/2025
** 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.