Leggett & Platt (NYSE: LEG) EVP reports new common stock awards
Rhea-AI Filing Summary
LEGGETT & PLATT executive Robert S. Smith Jr., EVP and President – Spec. and FF&T, reported two grant/award acquisitions of Common Stock. On July 24, 2026 he acquired 104.7386 shares at $9.486 per share and 189.5509 shares at $8.928 per share, all held directly and not under a Rule 10b5-1 plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 294.2895 shares
Net Buy
2 txns
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 104.7386 | $9.486 | $993.55 |
| Grant/Award | Common Stock | 189.5509 | $8.928 | $2K |
Holdings After Transaction:
Common Stock — 150,685.2706 shares (Direct)
Key Figures
Shares acquired (grant 1): 104.7386 shares
Price per share (grant 1): $9.486
Shares acquired (grant 2): 189.5509 shares
+1 more
4 metrics
Shares acquired (grant 1)
104.7386 shares
Common Stock grant/award acquisition on July 24, 2026
Price per share (grant 1)
$9.486
Common Stock grant/award acquisition on July 24, 2026
Shares acquired (grant 2)
189.5509 shares
Common Stock grant/award acquisition on July 24, 2026
Price per share (grant 2)
$8.928
Common Stock grant/award acquisition on July 24, 2026
Key Terms
grant/award acquisition, Rule 10b5-1, non-derivative
3 terms
grant/award acquisition financial
"Transaction code A is described as a grant/award acquisition of shares"
Rule 10b5-1 regulatory
"Transactions are indicated as not made pursuant to a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
non-derivative financial
"Security is reported as non-derivative Common Stock rather than options"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock awards did LEG executive Robert S. Smith Jr. receive on July 24, 2026?
Robert S. Smith Jr. received two grant/award acquisitions of LEG Common Stock. He was awarded 104.7386 shares at $9.486 per share and 189.5509 shares at $8.928 per share, all reported as directly owned.
At what prices were the LEG common stock awards to Robert S. Smith Jr. recorded?
The awards were recorded at $9.486 per share for 104.7386 shares and $8.928 per share for 189.5509 shares. Both transactions involved LEG Common Stock reported as non-derivative, directly held positions.
Were Robert S. Smith Jr.’s LEG stock awards made under a Rule 10b5-1 plan?
No, the report indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan. The document-level checkbox for trades under such a plan was left unchecked, signaling discretionary rather than pre-arranged activity.
What type of security was involved in the recent LEG insider transactions?
The transactions involved non-derivative Common Stock of Leggett & Platt (LEG). Both entries show direct ownership of common shares, rather than options, warrants, or other derivative securities, and are classified as grant/award acquisitions.
How are the LEG insider transactions by Robert S. Smith Jr. classified?
Both transactions are coded as A, described as grant, award, or other acquisition. They represent awards of LEG Common Stock, not open-market purchases or sales, and are categorized as acquisitions of non-derivative, directly held shares.