Leggett & Platt EVP Boosts Stake with Minor Share Purchase

Rhea-AI Filing Summary

EVP & Chief HR Officer Lindsey Nicole Odaffer filed a Form 4 reporting two open-market acquisitions of Leggett & Platt (LEG) common stock on 07/25/2025. She purchased 77.1471 shares at $8.7805 and 232.938 shares at $8.264, increasing her direct holding to 56,385.8462 shares. She also retains 24.763 indirect shares in the company’s retirement plan. No derivative transactions were reported, and there were no dispositions of stock. The filing reflects a routine, modest increase in ownership rather than a material change in insider position.

Positive

• Insider purchase: Executive increased direct holdings, a potential signal of confidence.

Negative

• Immaterial size: Fewer than 300 shares purchased; unlikely to influence valuation or trading dynamics.

Insights

Financial Analyst

TL;DR Small insider purchase; signal of confidence but immaterial to valuation.

The acquisition adds roughly 0.55% to Odaffer’s direct stake and represents an outlay of only about $2,600. Given LEG’s ~US$4 bn market cap and average daily volume near 1 m shares, the trade is unlikely to sway market sentiment or liquidity. Nevertheless, insider buying—even in small amounts—tends to be interpreted as a positive governance signal, especially when it comes from executives rather than directors. Because the transaction size is negligible relative to both the executive’s existing stake and company capitalization, I classify the impact as neutral.

Insider Trade Summary

Net Buyer: 310.0851 shares

Net Buy 3 txns

Insider ODAFFER LINDSEY NICOLE

Role EVP - Chief HR Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	77.1471	$8.7805	$677.39
Grant/Award	Common Stock	232.938	$8.264	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 56,385.8462 shares (Direct); Common Stock — 24.763 shares (Indirect, Held in Trust Under Issuer's Retirement Plan)

FAQ

How many LEG shares did EVP Lindsey Odaffer buy?

She acquired 310.0851 shares in two transactions on 07/25/2025.

At what prices were the LEG shares purchased?

Shares were bought at $8.7805 and $8.264 per share.

What is the executive’s total LEG ownership after the purchase?

Direct ownership is 56,385.8462 shares; indirect ownership is 24.763 shares.

Were any LEG shares sold in this Form 4?

No; the filing only reports acquisitions.

Does the filing include derivative transactions?

No derivative securities were reported in Table II.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 07/28/2025 - 01:20 PM Learn about SEC filing dates

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).

1. Name and Address of Reporting Person^*

ODAFFER LINDSEY NICOLE

(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 HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025

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	07/25/2025		A		77.1471	A	$8.7805	56,152.9082	D
Common Stock	07/25/2025		A		232.938	A	$8.264	56,385.8462	D
Common Stock								24.763	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:

Remarks:

	/s/ Stanley Scott Luton, attorney-in-fact	07/28/2025
	** 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.