[Form 4] LEGGETT & PLATT INC Insider Trading Activity
Rhea-AI Filing Summary
Karl G. Glassman, who is listed as President, CEO and a director of Leggett & Platt, reported an insider purchase on 09/19/2025. The filing shows an acquisition of 299.6275 shares of Leggett & Platt common stock at a reported price of $7.973 per share. After the transaction, the report lists total beneficial ownership figures of 914,806.9011 shares (direct), 514,335 shares held indirectly by the Glassman Living Trust, and 28,497.442 shares held in the issuer's retirement plan trust. The Form 4 was signed via attorney-in-fact on 09/22/2025.
Positive
- Insider purchase reported: Acquisition of 299.6275 shares at $7.973 increases the reporting person's direct stake.
- Full ownership breakdown provided: Filing discloses direct and indirect holdings including Glassman Living Trust and retirement plan figures.
Negative
- None.
Insights
TL;DR: Small insider buy by the CEO/Director; increases her direct stake slightly and signals alignment with shareholders.
The reported acquisition of 299.6275 shares at $7.973 is a routine insider purchase documented on a Form 4. The filing identifies Karl G. Glassman as President and CEO and discloses both direct and indirect ownership through a living trust and the company retirement plan. The transaction size is modest relative to the stated beneficial holdings, suggesting it is not material to control but does modestly increase the reporting person's direct economic exposure.
TL;DR: Transaction is informational and not likely market-moving given the small share amount versus total holdings.
The Form 4 documents an acquisition on 09/19/2025 for 299.6275 shares at $7.973. The filing provides clear breakdowns of ownership: direct ownership of 914,806.9011 shares and indirect holdings of 514,335 and 28,497.442 shares via trust and retirement plan. No derivative transactions or other material changes were reported. From a securities perspective, this is a routine disclosure without indications of major change in insider exposure or corporate control.