Leggett & Platt EVP receives stock grant
LEGGETT & PLATT INC executive Lindsey Nicole Odaffer received a stock award rather than buying shares on the market.
Sentiment and the balance of points
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Rhea-AI Filing Summary
LEGGETT & PLATT INC executive Lindsey Nicole Odaffer received a stock award rather than buying shares on the market. As EVP and Chief HR Officer, she was granted 83.3064 shares of common stock on 2026-03-20 at a value of $8.1175 per share, as part of compensation.
Following the grant, she holds 85,295.8034 common shares directly, indicating a substantial ongoing equity stake, plus 25.0290 additional shares held indirectly in a trust under the company’s retirement plan. The filing shows no open‑market purchases or sales and no derivative option exercises.
Insights
Routine stock grant increases executive’s equity, with no market buying or selling.
The EVP and Chief HR Officer received 83.3064 common shares as a stock award at an implied value of $8.1175 per share. This transaction is coded as a grant/award acquisition, meaning it is part of compensation rather than an open‑market trade.
After this award, her direct holdings rise to 85,295.8034 shares, plus 25.0290 shares held indirectly in a retirement plan trust. With no reported purchases, sales, or derivative exercises, this looks like standard equity compensation, typically viewed as a neutral, ongoing alignment mechanism between management and shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 83.3064 | $8.1175 | $676.24 |
| Holding | Common Stock | -- | -- | -- |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LEG (Leggett & Platt) executive Lindsey Nicole Odaffer report in this Form 4?
Was the Form 4 transaction for LEG an open-market buy or sell by Lindsey Nicole Odaffer?
What role does Lindsey Nicole Odaffer hold at Leggett & Platt (LEG)?
Does the LEG Form 4 show any derivative securities or option exercises for Lindsey Nicole Odaffer?
AI-generated analysis. How Rhea-AI works. Not financial advice.