Leggett & Platt (LEG) CEO gets 241.0347-share stock grant, holds over 1.16M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT President and CEO Karl G. Glassman reported a compensation-related share award. On April 17, 2026, he received 241.0347 shares of Common Stock at $10.2255 per share as a grant or other acquisition. After this award, his direct holdings rose to 1,161,526.9022 shares of Common Stock. He also reports indirect ownership of 28,894.5580 shares held in a retirement plan trust and 514,335.0000 shares held by the Glassman Living Trust. This filing reflects routine equity compensation and updated indirect holdings, rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 241.035 | $10.2255 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,161,526.902 shares (Direct, null);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
Key Figures
Share grant size: 241.0347 shares
Grant price: $10.2255 per share
Direct holdings after grant: 1,161,526.9022 shares
+2 more
5 metrics
Share grant size
241.0347 shares
Common Stock grant on April 17, 2026
Grant price
$10.2255 per share
Price for Common Stock grant to CEO
Direct holdings after grant
1,161,526.9022 shares
CEO Common Stock directly owned after transaction
Retirement plan trust holdings
28,894.5580 shares
Held in trust under issuer’s retirement plan
Glassman Living Trust holdings
514,335.0000 shares
Common Stock held indirectly by Glassman Living Trust
Key Terms
Common Stock, Grant, award, or other acquisition, Held In Trust Under Issuer's Retirement Plan, Glassman Living Trust
4 terms
Common Stock financial
"He was granted 241.0347 shares of Common Stock at $10.2255 per share."
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
"The transaction is coded as a grant, award, or other acquisition, indicating compensation."
Held In Trust Under Issuer's Retirement Plan financial
"He reports 28,894.5580 shares held In Trust Under Issuer's Retirement Plan."
Glassman Living Trust financial
"514,335.0000 shares are reported as held by the Glassman Living Trust."
FAQ
What did LEG (Leggett & Platt) CEO Karl G. Glassman report in this Form 4?
Karl G. Glassman reported a compensation-related share award of company stock. The Form 4 shows a grant of Common Stock and updates his direct and indirect holdings, without any open-market purchases or sales disclosed in this filing.
What indirect Leggett & Platt holdings does Karl G. Glassman report?
He reports 28,894.5580 shares held in trust under the issuer’s retirement plan and 514,335.0000 shares held by the Glassman Living Trust. These positions are classified as indirect ownership, distinct from his directly held shares.
Was this Leggett & Platt Form 4 an open-market stock purchase by the CEO?
No. The key transaction is coded as a grant or award of 241.0347 shares at $10.2255 per share. This indicates compensation-related acquisition, not an open-market buy or sell decision by the CEO on a stock exchange.