Leggett & Platt (NYSE: LEG) EVP granted additional common stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive Robert S. Smith Jr., EVP and President of Specialized and FF&T, reported two acquisitions of company Common Stock as equity compensation. He received 230.6857 shares at $7.3360 per share and 127.4681 shares at $7.7945 per share, both classified as grants or awards rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 127.468 | $7.7945 | $993.55 |
| Grant/Award | Common Stock | 230.686 | $7.336 | $2K |
Holdings After Transaction:
Common Stock — 148,598.949 shares (Direct, null)
Footnotes (1)
Key Figures
First stock grant: 230.6857 shares
First grant price: $7.3360 per share
Second stock grant: 127.4681 shares
+2 more
5 metrics
First stock grant
230.6857 shares
Common Stock grant coded A on 2026-05-15
First grant price
$7.3360 per share
Value assigned to 230.6857-share award
Second stock grant
127.4681 shares
Common Stock grant coded A on 2026-05-15
Second grant price
$7.7945 per share
Value assigned to 127.4681-share award
Acquisition transactions
2 transactions
Grant, award, or other acquisition events
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock" in both reported transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did LEG (Leggett & Platt) executive Robert S. Smith Jr. report on this Form 4?
He reported acquiring company common stock through two equity awards. These were classified as grant, award, or other acquisition transactions, not open-market purchases or sales, indicating routine compensation-related stock grants rather than discretionary trading activity.
At what prices were the reported LEG common stock awards to Robert S. Smith Jr. valued?
The first award was valued at $7.3360 per share and the second at $7.7945 per share. These prices represent the per-share values assigned for the compensation grants, not negotiated open-market trade prices chosen by the executive.
Were the LEG transactions by Robert S. Smith Jr. open-market buys or sells?
No, both transactions are coded “A” for grant, award, or other acquisition. They reflect equity compensation awards of common stock, not open-market buying or selling, so they carry limited signaling value about the executive’s market view.
Does this LEG Form 4 show any stock sales or disposals by Robert S. Smith Jr.?
The filing shows no stock sales or disposals. The transaction summary lists two acquisition events and zero sales, exercises, gifts, or tax-withholding dispositions, indicating only compensation-related share additions during the reported period.