LEG insider purchases totaling 173.875 shares recorded on 10/03/2025
Rhea-AI Filing Summary
Leggett & Platt officer Tammy M. Trent reported purchases of company common stock on 10/03/2025. Two non-derivative acquisitions were recorded: 80.0653 shares at $7.6585 and 93.8097 shares at $7.208, totaling 173.875 shares acquired on that date. The filing also shows existing beneficial holdings held indirectly: 5,784.538 shares in the issuer's retirement plan and 18,704.1061 shares held by the Trent Living Trust. A plan statement dated 9/30/2025 updated a 27.555-share acquisition under the 401(k) plan that is exempt under Rule 16b-3(c). The form was signed by an attorney-in-fact on 10/06/2025.
Positive
- Insider accumulation: Officer acquired a total of 173.875 shares on 10/03/2025, showing insider purchase activity
- Plan participation: 27.555 shares were added under the issuer's 401(k) plan (exempt under Rule 16b-3(c)), indicating continued use of benefit plans
- No derivative exercises were reported in Table II, simplifying the ownership change to straightforward share purchases
Negative
- None.
Insights
Officer purchases signal routine insider accumulation through payroll/plan channels.
Two small open-market acquisitions totaling 173.875 shares were executed on 10/03/2025, recorded as non-derivative purchases at per-share prices of $7.6585 and $7.208. The report also reflects plan-held and trust-held indirect ownership, including 5,784.538 shares in the retirement plan and 18,704.1061 shares in the Trent Living Trust.
The purchases are documented under Rule 16 reporting and an updated 401(k) plan statement dated 9/30/2025, which suggests these are routine compensation/benefit-related acquisitions rather than discretionary large open-market buys; monitor subsequent Form 4s for materially larger trades within 3 months.
401(k) and plan-exempt transactions updated holdings; no derivative exercises were reported.
The filing shows a plan-based update of 27.555 shares added under the issuer's 401(k) plan exempt under Rule 16b-3(c), and no derivative securities or option exercises were disclosed in Table II. Reported beneficial ownership totals (direct and indirect) are shown with high precision, e.g., 67,981.563 shares following the transactions.
For investors tracking insider alignment, the mix of payroll/plan acquisitions versus discretionary purchases matters; future filings that disclose option exercises, large open-market purchases, or sales would be the next material signals within 6 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 80.065 | $7.6585 | $613.18 |
| Grant/Award | Common Stock | 93.81 | $7.208 | $676.18 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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