[Form 4] LEGGETT & PLATT INC Insider Trading Activity
Rhea-AI Filing Summary
Leggett & Platt (LEG) Form 4: Robert S. Smith Jr., an executive (EVP, President—Specialty and FF&T) reported two non-derivative purchases of common stock on 09/19/2025. The filings show acquisitions of 118.7282 shares at $7.973 and 215.2692 shares at $7.504, bringing his reported beneficial ownership to 99,494.757 and 99,710.0262 shares respectively. The form was signed by Stanley Scott Luton as attorney-in-fact on 09/22/2025. No derivative transactions or additional remarks were reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider purchases recorded but quantities are small relative to total holdings; routine disclosure with limited market-moving impact.
The Form 4 documents two open-market purchases by an executive on 09/19/2025 at prices of $7.973 and $7.504 per share, increasing reported beneficial ownership slightly to about 99.7k shares. These transactions reflect an insider buy, which can signal personal conviction, but the absolute size of the purchases (roughly 334 shares total) is modest. There are no option exercises, sales, or material changes to ownership percentage disclosed. Impact on valuation or control is negligible based on the data provided.
TL;DR: Filing is a standard Section 16 disclosure showing small non-derivative acquisitions; compliance appears timely and complete.
The Form 4 specifies the reporting person, relationship to the issuer (EVP, President—Specialty and FF&T), transaction dates, amounts, and prices for two non-derivative purchases, and includes a dated signature via attorney-in-fact. There are no amendments, derivative holdings, or explanatory remarks. From a governance and compliance standpoint, the document fulfils Section 16 reporting requirements and presents no red flags.