[Form 4] Leggett & Platt, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Karl G. Glassman, President and CEO and a director of Leggett & Platt, Inc. (LEG), reported related-party transactions on 09/04/2025. The form shows a gift (transaction code G(1)) involving 514,335 shares of Common Stock: 514,335 shares were disposed of as Direct holdings at $0 and 514,335 shares were recorded as Acquired into an Indirect position held by the Glassman Living Trust. Following the reported transactions, the Form 4 lists 914,226.5038 shares as Directly beneficially owned and 514,335 shares as Indirectly beneficially owned by the Glassman Living Trust. In addition, 28,497.442 shares are shown as Indirect holdings in the issuer's retirement plan. The filing includes an explanatory note that the transaction was a gift of securities to the reporting person’s revocable living trust.

Insights

Corporate Governance Expert

TL;DR: Routine insider gift moved shares into a revocable trust; disclosure aligns with Section 16 reporting requirements.

The Form 4 documents a non-cash transfer: 514,335 shares were gifted into the Glassman Living Trust, producing both a direct disposal entry and an indirect acquisition entry at $0. The filing identifies the reporting person as President and CEO and a director, which makes timely disclosure important for transparency. No cash proceeds, option exercises, or derivative transactions are reported. The explanatory remark explicitly states the gift funded a revocable living trust. From a governance perspective, this is a routine estate planning or asset-management action rather than an operational change at the issuer.

Securities Analyst

TL;DR: Transaction is a gift; it alters beneficial ownership reporting but does not indicate a market sale.

The entries show a code G(1) transfer dated 09/04/2025 and list post-transaction beneficial ownership figures: 914,226.5038 shares direct, 514,335 shares indirect via the Glassman Living Trust, and 28,497.442 shares indirect under the company retirement plan. The $0 price confirms no cash consideration. For investors, this is a disclosure of ownership reclassification; it does not by itself change the company’s capital structure or liquidity.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GLASSMAN KARL G

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025

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	09/04/2025		G(1)		514,335	D	$0	914,226.5038	D
Common Stock	09/04/2025		G(1)		514,335	A	$0	514,335	I	By Glassman Living Trust
Common Stock								28,497.442	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:

1. This transaction involved a gift of securities by the reporting person to his revocable living trust.

Remarks:

	/s/ Stanley Scott Luton, attorney-in-fact	09/05/2025
	** 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.

FAQ

What transaction did Karl G. Glassman report on Form 4 for LEG?

The Form 4 reports a gift (code G(1)) on 09/04/2025 involving 514,335 shares of Leggett & Platt common stock.

How did the gift affect Glassman’s reported ownership in LEG?

Post-transaction holdings are reported as 914,226.5038 shares direct, 514,335 shares indirect (Glassman Living Trust), and 28,497.442 shares indirect in the issuer's retirement plan.

Did the Form 4 report any cash sale or proceeds for the 514,335 shares?

No; the Form 4 shows a $0 price for the transaction, consistent with a gift rather than a cash sale.

What is the relationship of the reporting person to LEG?

Karl G. Glassman is listed as both a Director and the company’s President and CEO.

When was the Form 4 signed and by whom?

The signature block shows the form was signed by Stanley Scott Luton, attorney-in-fact on 09/05/2025.