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[Form 4] Leggett & Platt, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Leggett & Platt, Inc. (LEG) – Form 4 filing dated 14 July 2025 reports a routine insider transaction.

  • Insider: Joseph W. McClanathan, outside director
  • Transaction date: 11 July 2025
  • Type: Open-market acquisition of common stock (Code “A”)
  • Shares acquired: 3,794.4225
  • Price per share: $8.104
  • Total value: ≈ $30.7 thousand
  • Post-transaction ownership: 100,545.7634 shares held directly

The filing contains no derivative transactions, no sales, and no additional remarks. The purchase modestly increases the director’s direct stake but, given the company’s large public float, is unlikely to be financially material.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small director purchase; positive signal but immaterial to valuation.

The acquisition represents roughly 0.004% of LEG’s ~250 million shares outstanding, costing only about $31 k. While insider buys usually signal confidence, the size is too small to alter supply-demand dynamics or earnings outlook. I classify the disclosure as informational, offering a marginally positive sentiment cue but no material impact on investment thesis or target price.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCCLANATHAN JOSEPH W

(Last) (First) (Middle)
NO 1 LEGGETT ROAD

(Street)
CARTHAGE MO 64836

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/11/2025 A 3,794.4225 A $8.104 100,545.7634 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 07/14/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many LEG shares did director Joseph W. McClanathan buy on 11 July 2025?

He acquired 3,794.4225 shares of Leggett & Platt common stock.

What was the purchase price per share in the latest LEG Form 4?

The reported price was $8.104 per share.

What is Joseph W. McClanathan’s total direct ownership after the transaction?

Following the purchase he directly owns 100,545.7634 shares of LEG.

Did the Form 4 include any sales of LEG stock?

No, the filing discloses only an acquisition; no sales were reported.

Does this insider trade appear material to Leggett & Platt shareholders?

Given the small size (≈ $31k) relative to LEG’s market capitalization, it is not considered financially material.
Leggett & Platt Inc

NYSE:LEG

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LEG Stock Data

1.26B
132.57M
2%
86.22%
6.31%
Furnishings, Fixtures & Appliances
Household Furniture
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United States
CARTHAGE