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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

On 07/25/2025 Leggett & Platt, Inc. (LEG) Executive Vice President & Chief Financial Officer Benjamin Michael Burns filed a Form 4 disclosing two open-market acquisitions of common stock. The officer purchased 124.2355 shares at $8.7805 and 279.2461 shares at $8.264, adding a total of 403.4816 shares to his direct position. Following the transactions, Mr. Burns directly owns 140,136.6048 LEG shares. Indirectly, he holds 31.111 shares through the issuer’s retirement plan, 1,272.9388 shares through his spouse, and 24.22 shares in his spouse’s retirement plan. No sales or derivative security activity were reported.

Positive

  • CFO insider purchase: Executive Vice President & CFO added 403.4816 LEG shares, marginally increasing his direct stake and signaling personal confidence.

Negative

  • Immaterial size: The purchase represents less than 0.3% of the executive’s existing holdings, limiting its financial and signaling impact.

Insights

TL;DR: Small insider buy by CFO; sentiment mildly positive, financial impact negligible.

The Form 4 shows Mr. Burns increased his stake by only 0.29% (≈403 shares vs. 140k held). While insider buying from a C-suite executive is generally viewed as a confidence signal, the dollar value is minimal, suggesting routine accumulation—possibly via an employee purchase plan. No options were exercised and no derivatives were disclosed, indicating straightforward cash purchases. Given the limited size, I classify the filing as sentiment-positive but not price-moving.

TL;DR: Routine compliance filing; governance impact neutral.

The transaction involves fractional-share purchases at two price points, with no complexity or derivative structures. Indirect holdings are transparently listed, and the filing is timely, reflecting good governance practice. However, the scale is too small to alter ownership dynamics or board influence. Therefore, the governance significance is neutral; investors should monitor but not over-interpret.

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).
1. Name and Address of Reporting Person*
BURNS BENJAMIN MICHAEL

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President - CFO
3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025
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 07/25/2025 A 124.2355 A $8.7805 140,136.6048 D
Common Stock 07/25/2025 A 279.2461 A $8.264 140,415.8509 D
Common Stock 31.111 I Held In Trust Under Issuer's Retirement Plan
Common Stock 1,272.9388 I By Spouse
Common Stock 24.22 I Held In Trust Under Issuer's Retirement Plan By Spouse
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 07/28/2025
** 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

What insider transactions did LEG report on 07/25/2025?

CFO Benjamin Michael Burns acquired two lots of common stock totaling 403.4816 shares at prices of $8.7805 and $8.264.

How many LEG shares does the CFO own after this Form 4 filing?

Mr. Burns now directly owns 140,136.6048 shares and indirectly controls an additional 1,328.2698 shares.

Were any derivative securities involved in the July 2025 filing?

No. Table II shows no derivative securities acquired, disposed of, or outstanding.

Does the Form 4 disclose indirect holdings for the executive?

Yes. Indirect holdings include 31.111 shares in a retirement plan and 1,297.1588 shares held by or for his spouse.

What is the significance of insider buying for LEG investors?

Insider purchases can indicate confidence, but this filing’s small size limits its practical impact.
Leggett & Platt Inc

NYSE:LEG

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