LEG EVP granted 89 LEG shares in stock award
LEGGETT & PLATT INC EVP and Chief HR Officer Lindsey Nicole Odaffer received a stock award of 89.107 shares of common stock on 2026-04-02 at $8.2365 per share.
Rhea-AI Filing Summary
LEGGETT & PLATT INC EVP and Chief HR Officer Lindsey Nicole Odaffer received a stock award of 89.107 shares of common stock on 2026-04-02 at $8.2365 per share. Following this grant, she directly holds 85,384.9104 common shares.
The filing also shows 25.1260 common shares held indirectly in a trust under the company’s retirement plan. A footnote explains this balance reflects the acquisition of 0.097 shares under the issuer’s 401(k) plan, based on a statement dated as of 3/31/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 89.107 shares
Grant/Award
2 txns
Insider
ODAFFER LINDSEY NICOLE
Role
EVP - Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 89.107 | $8.2365 | $733.93 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,384.9104 shares (Direct);
Common Stock — 25.126 shares (Indirect, Held in Trust Under Issuer's Retirement Plan)
Footnotes (1)
- F1. Balance has been updated to reflect the acquisition of .097 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 3/31/2026.
Key Figures
Stock grant size: 89.1070 shares
Grant reference price: $8.2365 per share
Direct holdings after grant: 85,384.9104 shares
+1 more
4 metrics
Stock grant size
89.1070 shares
Common stock award on 2026-04-02 coded as grant/award acquisition
Grant reference price
$8.2365 per share
Price per share associated with the 89.1070-share award
Direct holdings after grant
85,384.9104 shares
Total directly held LEG common stock following the award
Indirect retirement-plan holdings
25.1260 shares
Shares held in trust under issuer’s retirement plan, including 0.097 shares acquired in 401(k)
Key Terms
Rule 16b-3(c), 401(k) Plan, Held in Trust Under Issuer's Retirement Plan, Grant, award, or other acquisition
4 terms
Rule 16b-3(c) regulatory
"in transactions exempt under Rule 16b-3(c). The information in this report"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
401(k) Plan financial
"reflect the acquisition of .097 shares under the Issuer's 401(k) Plan in"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Held in Trust Under Issuer's Retirement Plan financial
"nature_of_ownership": "Held in Trust Under Issuer's Retirement Plan""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LEG EVP Lindsey Odaffer report on this Form 4 for LEG?
Lindsey Nicole Odaffer reported receiving a grant of 89.107 shares of LEG common stock at $8.2365 per share. This is categorized as a compensation-related award, not an open-market purchase or sale, and increases her directly held ownership stake.
Was Lindsey Odaffer’s LEG stock transaction an open-market buy or sell?
The Form 4 classifies the event as a grant or award acquisition coded “A,” not an open-market trade. That means the 89.107 LEG shares were received as compensation, rather than purchased or sold in the market, which generally carries weaker trading-signal implications.
Does this LEG Form 4 indicate any derivative securities or option exercises for Lindsey Odaffer?
No derivative securities or option exercises are listed for Lindsey Odaffer in this Form 4. The derivative summary section is empty, and the only acquisition reported is the 89.107-share grant of LEG common stock plus the small 401(k) plan balance adjustment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
