Leggett & Platt insider reports modest stock purchases totaling 285.7 shares
Rhea-AI Filing Summary
Leggett & Platt insider purchases reported. Ryan Michael Kleiboeker, an Executive Vice President and director, reported purchases of company common stock on 09/05/2025. Two non-derivative acquisition transactions totaled 285.713 shares at prices of $8.5085 and $8.008 respectively, increasing reported beneficial ownership to about 84,355.138 shares. He also reports 1,000 shares held in a spouse's IRA and 862.061 shares held in the issuer's retirement plan trust. The filing was signed by an attorney-in-fact on 09/08/2025.
Positive
- Insider acquisitions were reported: 285.713 shares purchased on 09/05/2025 at <$8.5085 and <$8.008>
- Compliant disclosure filed (Form 4) with signature by attorney-in-fact on 09/08/2025
Negative
- None.
Insights
TL;DR: Officer reported modest purchases totaling 285.713 shares, increasing beneficial ownership to ~84,355 shares.
The Form 4 shows two small open-market acquisitions on 09/05/2025 at prices of $8.5085 and $8.008, totaling 285.713 shares acquired. The reporting person is an EVP and director, and also discloses indirect holdings in a spouse's IRA and the company retirement trust. Transaction sizes are immaterial relative to total reported holdings but are relevant as documented insider purchases under Section 16.
TL;DR: Disclosure is routine and compliant; transactions appear documented and manually signed via attorney-in-fact.
The filing contains standard Section 16 reporting: name, relationship (EVP-Chief Strategic Plan. Off.), transaction dates, amounts, prices, and indirect holdings. The signature by an attorney-in-fact on 09/08/2025 completes the submission. There are no derivative transactions or other governance events disclosed here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 86.394 | $8.5085 | $735.08 |
| Grant/Award | Common Stock | 199.319 | $8.008 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |