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

Rhea-AI Filing Summary

Leggett & Platt, Inc. (LEG) filed a Form 4 disclosing two open-market purchases by Executive Vice President & CFO Benjamin Michael Burns on June 27 2025.

• Shares acquired: 138.7409 shares at $7.8625 and 311.85 shares at $7.40, totaling 450.5909 common shares.
• Average cost: approximately $7.54 per share (weighted).
• Direct ownership after transactions: 139,412.915 shares.
• Indirect ownership: 30.874 shares in the issuer’s retirement plan, 1,272.9388 shares held by spouse, and 24.036 shares in spouse’s retirement plan, bringing total reported beneficial ownership to roughly 140,740.764 shares.
• Filing party: Single reporting person; no amendments indicated.

The filings reflect modest incremental insider buying, offering a limited but positive signal of management confidence while providing updated transparency on the CFO’s equity position.

Positive

• Insider confidence: CFO purchased 450.5909 shares on the open market, signaling personal conviction in LEG’s outlook.
• Transparent disclosure: Filing details both direct and indirect holdings, enhancing shareholder visibility into executive ownership.

Negative

• Immaterial size: The purchase increases the CFO’s direct stake by only 0.32%, limiting informational value for investors.

Insights

Equity Analyst

TL;DR: Small insider buy shows confidence but immaterial to valuation.

The CFO bought roughly 451 shares for about $3,397, raising his direct stake to 139.4k shares. Although any open-market purchase by a senior officer is generally viewed as a bullish governance signal, the acquisition represents only 0.32% of his pre-transaction holdings and an even smaller fraction of LEG’s 10-digit share count. The absence of simultaneous sales removes mixed-message risk, but size limits market impact. Overall, it is a mild positive data point rather than a catalyst.

Corporate Governance Specialist

TL;DR: Transaction is routine, transparency intact, impact limited.

Form 4 is accurately completed, lists indirect holdings, and includes attorney-in-fact signature dated 06/30/2025, indicating procedural compliance with Section 16. No 10b5-1 plan box ticked, so purchases appear discretionary. Given the modest dollar value and negligible percentage of total company shares, I classify the disclosure as not impactful from a governance-risk perspective, though it does strengthen alignment optics.

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).

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^*

BURNS BENJAMIN MICHAEL

(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)
	Executive Vice President - CFO

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

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	06/27/2025		A		138.7409	A	$7.8625	139,101.065	D
Common Stock	06/27/2025		A		311.85	A	$7.4	139,412.915	D
Common Stock								30.874	I	Held In Trust Under Issuer's Retirement Plan
Common Stock								1,272.9388	I	By Spouse
Common Stock								24.036	I	Held In Trust Under Issuer's Retirement Plan By Spouse

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	06/30/2025
	** 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

How many LEG shares did the CFO buy on 06/27/2025?

He acquired 450.5909 common shares in two separate transactions.

What price did Benjamin Michael Burns pay for the LEG shares?

He paid $7.8625 for 138.7409 shares and $7.40 for 311.85 shares.

How many LEG shares does the CFO now own directly?

After the purchases, his direct ownership stands at 139,412.915 shares.

Does the filing show any sales or only purchases?

The Form 4 reports only purchases; no dispositions were disclosed.

Is the transaction under a Rule 10b5-1 trading plan?

No, the Rule 10b5-1(c) checkbox is not marked, indicating discretionary trades.