[Form 4] Leggett & Platt, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Benjamin Michael Burns, Executive Vice President and Chief Financial Officer of Leggett & Platt, purchased common stock on 09/05/2025, according to a Form 4 filing. The filing reports two non-derivative acquisitions totaling 416.3802 shares (128.2071 and 288.1731) at prices of $8.5085 and $8.008 per share. After the reported transactions, reported beneficial ownership is shown as 141,748.3447 shares (including direct and indirect holdings). The report also discloses indirect holdings of 31.111 shares held in trust and spouse-related indirect holdings of 1,272.9388 and 24.22 shares. The form is signed by an attorney-in-fact on 09/08/2025.
Positive
- Officer purchase disclosed showing alignment of insider with company equity via two acquisitions on 09/05/2025
- Complete ownership breakdown including direct and indirect (trust and spouse) holdings is reported
Negative
- None.
Insights
TL;DR: Insider CFO purchased a small block of shares at ~$8 per share, modestly increasing beneficial ownership.
The Form 4 shows two separate open-market or plan purchases on 09/05/2025 totaling 416.3802 shares at prices of $8.5085 and $8.008. Reported beneficial ownership after the transactions is 141,748.3447 shares, combining direct and indirect holdings. Disclosures include trust-held and spouse-related indirect holdings. The filing is routine for an officer reporting purchases and does not present additional material information such as derivative activity or extraordinary transactions.
TL;DR: Filing properly discloses officer status and indirect holdings; signature via attorney-in-fact is documented.
The report identifies the reporting person as an officer (Executive Vice President - CFO) with Director box indicated, and records indirect ownership categories including trust and spouse holdings. The signature block shows execution by an attorney-in-fact (Stanley Scott Luton) dated 09/08/2025, fulfilling signature disclosure. No amendments or derivative transactions are reported.