Leggett & Platt (NYSE: LEG) HR chief reports new stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leggett & Platt EVP – Chief HR Officer Lindsey Nicole Odaffer received a stock award of 79.2881 shares of common stock at $9.2565 per share. The grant was reported as a non-derivative acquisition coded as a grant, award, or other acquisition.
After this award, she directly holds 85,729.2116 shares of Leggett & Platt common stock. Separately, 25.1260 shares are held indirectly in trust under the company’s retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ODAFFER LINDSEY NICOLE
Role
EVP - Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79.288 | $9.2565 | $733.93 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,729.212 shares (Direct, null);
Common Stock — 25.126 shares (Indirect, Held in Trust Under Issuer's Retirement Plan)
Footnotes (1)
Key Figures
Stock award size: 79.2881 shares
Award price per share: $9.2565 per share
Direct holdings after grant: 85,729.2116 shares
+1 more
4 metrics
Stock award size
79.2881 shares
Grant, award, or other acquisition of common stock
Award price per share
$9.2565 per share
Valuation used for the reported stock grant
Direct holdings after grant
85,729.2116 shares
Common stock directly owned following the transaction
Indirect retirement plan holdings
25.1260 shares
Common stock held in trust under issuer’s retirement plan
Key Terms
Grant, award, or other acquisition, non-derivative, Held in Trust Under Issuer's Retirement Plan
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
non-derivative financial
"transaction_type: "non-derivative" for the common stock grant"
Held in Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: "Held in Trust Under Issuer's Retirement Plan""
FAQ
What insider transaction did LEG EVP Lindsey Nicole Odaffer report on this Form 4?
Lindsey Nicole Odaffer reported receiving a grant of 79.2881 Leggett & Platt common shares. The transaction was coded as a grant, award, or other acquisition, indicating compensation rather than an open-market stock purchase or sale by the executive.
Was Lindsey Odaffer’s LEG transaction an open-market buy or sell?
No. The Form 4 classifies the 79.2881-share transaction under code A as a grant, award, or other acquisition. This indicates a compensation-related stock award, not an open-market purchase or sale initiated by the executive.