Leggett & Platt (LEG) CEO Glassman receives stock grant, holds over 1.1M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC President and CEO Karl G. Glassman reported routine equity compensation. He received a grant of 266.2669 shares of common stock at $9.2565 per share, bringing his direct holdings to 1,161,793.1691 shares. He also reports indirect ownership of 28,894.558 shares held in a retirement plan trust and 514,335 shares held by the Glassman Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 266.267 | $9.2565 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,161,793.169 shares (Direct, null);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
Key Figures
Stock grant: 266.2669 shares
Grant price: $9.2565/share
Direct holdings after grant: 1,161,793.1691 shares
+2 more
5 metrics
Stock grant
266.2669 shares
Common stock award to CEO at $9.2565 per share
Grant price
$9.2565/share
Value per share for the 266.2669-share award
Direct holdings after grant
1,161,793.1691 shares
CEO direct ownership following reported acquisition
Retirement plan trust holdings
28,894.558 shares
Indirect ownership under issuer’s retirement plan trust
Living Trust holdings
514,335.0000 shares
Indirect ownership by Glassman Living Trust
Key Terms
Form 4, Grant, award, or other acquisition, indirect ownership, Held In Trust Under Issuer's Retirement Plan, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect""
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""
FAQ
What did LEG President and CEO Karl G. Glassman report on this Form 4 for LEG?
Karl G. Glassman reported receiving a grant of 266.2669 shares of LEG common stock as a compensation-related award. The shares were valued at $9.2565 each, modestly increasing his overall equity stake in the company through direct ownership.
How many Form 4 acquisition transactions are reported for Karl G. Glassman in this filing?
The filing shows one acquisition transaction for Karl G. Glassman, reflecting a grant of 266.2669 LEG shares. Two additional entries simply report his indirect holdings in separate trusts, without any new buy or sell activity tied to those positions.