LEGGETT & PLATT (NYSE: LEG) CEO awarded 316-share stock grant at $7.79
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC President and CEO Karl G. Glassman reported a compensation-related stock award. He received a grant of 316.2101 shares of common stock at a price of $7.7945 per share, increasing his directly held position.
After this award, his direct ownership stood at 1,162,109.3792 shares of common stock. The filing also lists indirect holdings of 28,894.5580 shares held in a trust under the issuer's retirement plan and 514,335.0000 shares held by the Glassman Living Trust.
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 | 316.21 | $7.7945 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,162,109.379 shares (Direct, null);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
Key Figures
Stock grant size: 316.2101 shares
Grant price: $7.7945 per share
Direct holdings after grant: 1,162,109.3792 shares
+2 more
5 metrics
Stock grant size
316.2101 shares
Compensation-related acquisition of common stock
Grant price
$7.7945 per share
Price for the 316.2101-share award
Direct holdings after grant
1,162,109.3792 shares
Total direct LEG common stock held after transaction
Retirement plan trust holdings
28,894.5580 shares
Indirect ownership held in trust under issuer's retirement plan
Glassman Living Trust holdings
514,335.0000 shares
Indirect ownership by Glassman Living Trust
Key Terms
Grant, award, or other acquisition, Held In Trust Under Issuer's Retirement Plan, By Glassman Living Trust
3 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
Held In Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: "Held In Trust Under Issuer's Retirement Plan""
By Glassman Living Trust financial
"nature_of_ownership: "By Glassman Living Trust""
FAQ
What insider transaction did LEG CEO Karl G. Glassman report on this Form 4?
Karl G. Glassman reported receiving a grant of 316.2101 LEG common shares as compensation. The award was priced at $7.7945 per share and is coded as a grant or other acquisition, not an open-market purchase or sale.
Was Karl G. Glassman’s LEG stock transaction a market buy or sell?
The transaction was not a market buy or sell; it was a grant. The Form 4 shows transaction code A, described as a grant, award, or other acquisition of 316.2101 common shares at $7.7945 per share.
What does transaction code A mean in Karl G. Glassman’s LEG Form 4?
Transaction code A means a grant, award, or other acquisition of shares. In this Form 4, it reflects a compensation-related acquisition of 316.2101 LEG common shares at $7.7945 per share rather than an open-market trade.