STOCK TITAN

Leggett & Platt (LEG) CEO Glassman receives stock award and updates 401(k) holdings

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

Rhea-AI Filing Summary

LEGGETT & PLATT INC President and CEO Karl G. Glassman reported an acquisition of 265.0500 shares of common stock as a grant or award at $9.2990 per share, increasing his direct holdings to 1,135,844.7925 shares. He also reports indirect ownership of 29,012.4860 shares held in the issuer’s retirement plan and 514,335.0000 shares held by the Glassman Living Trust. A footnote states the retirement-plan balance reflects an additional 117.928 shares acquired under the issuer’s 401(k) plan in transactions exempt under Rule 16b-3(c), based on a plan statement dated June 30, 2026.

Positive

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Insider GLASSMAN KARL G
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 265.05 $9.299 $2K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,135,844.793 shares (Direct); Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
  1. [object Object]
Awarded Shares 265.0500 shares Grant, award, or other acquisition of common stock
Award Price $9.2990 per share Price per share for the 265.0500-share award
Direct Holdings After Award 1,135,844.7925 shares Common stock held directly by Karl G. Glassman after the transaction
Indirect Retirement Plan Holdings 29,012.4860 shares Common stock held in trust under the issuer’s retirement plan
Indirect Trust Holdings 514,335.0000 shares Common stock held by the Glassman Living Trust
Additional 401(k) Shares 117.928 shares Acquired under the issuer’s 401(k) Plan, exempt under Rule 16b-3(c)
Footnote Statement Date June 30, 2026 Date of plan statement underlying 401(k) share information
Rule 16b-3(c) regulatory
"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.
Held In Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: Held In Trust Under Issuer's Retirement Plan"
Glassman Living Trust financial
"nature_of_ownership: By Glassman Living Trust"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"ownership_type: indirect"
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FAQ

What insider transaction did LEG (LEGGETT & PLATT INC) report for Karl G. Glassman?

Karl G. Glassman reported a grant or award acquisition of 265.0500 shares of LEG common stock at $9.2990 per share. This award increased his directly held position, reflecting additional compensation in equity rather than an open-market purchase.

How many LEG shares does Karl G. Glassman now hold directly after this Form 4?

After the reported award, Karl G. Glassman holds 1,135,844.7925 LEG common shares directly. This figure comes from the post-transaction balance disclosed for the grant, showing his substantial ongoing direct equity exposure to LEGGETT & PLATT INC.

What indirect LEG shareholdings are reported for Karl G. Glassman on this Form 4?

Karl G. Glassman reports 29,012.4860 shares held in trust under the issuer’s retirement plan and 514,335.0000 shares held by the Glassman Living Trust. These are classified as indirect ownership interests in LEG common stock.

What does the footnote about 117.928 LEG shares under the 401(k) plan mean?

The footnote explains that the retirement-plan balance was updated to include 117.928 shares acquired under LEG’s 401(k) Plan, in transactions exempt under Rule 16b-3(c). The information is based on a plan statement dated June 30, 2026.

Was the LEG insider transaction by Karl G. Glassman a market purchase or a grant?

The Form 4 classifies the transaction with code A, described as a grant, award, or other acquisition of 265.0500 shares at $9.2990 per share. This indicates a compensation-related equity award, not an open-market purchase or sale.
SEC Form 4
FORM 4UNITED 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*
GLASSMAN KARL G

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

(Street)
CARTHAGE MISSOURI 64836

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/10/2026A265.05A$9.2991,135,844.7925D
Common Stock514,335IBy Glassman Living Trust
Common Stock29,012.486(1)IHeld In Trust Under Issuer's Retirement Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Balance has been updated to reflect the acquisition of 117.928 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 6/30/2026.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact07/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)