Leggett & Platt EVP granted additional common shares
Rhea-AI Filing Summary
SMITH ROBERT S JR reported acquisition or exercise transactions in this Form 4 filing.
Leggett & Platt Inc executive Robert S. Smith Jr, EVP and President – Specialized and FF&T, received two Common Stock grants on August 22, 2025. The awards were for 115.2868 shares at $8.2110 per share and 209.0295 shares at $7.7280 per share, both held directly. After these grants, he directly holds 99,063.0522 Common Stock shares.
Positive
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Insights
TL;DR: Insider purchases totaling ~324.3 shares at sub-$9 prices increased reported holdings slightly.
The Form 4 discloses two small open-market acquisitions by EVP Robert S. Smith Jr. on 08/22/2025: 115.2868 shares at $8.211 and 209.0295 shares at $7.728, raising reported beneficial ownership to 99,063.0522 shares. These transactions appear to be routine purchases rather than large, material events and do not indicate changes in option exercises or derivative activity. For portfolio impact, the absolute size is modest relative to typical market-capitalization holdings for a public company of Leggett & Platt's scale.
TL;DR: Disclosure complies with Section 16 reporting: purchases reported, ownership updated, form signed by attorney-in-fact.
The filing identifies the reporting person, relationship to issuer (EVP, President - Spec. and FF&T), and reports two non-derivative acquisitions with prices and resulting beneficial ownership levels. There is no indication of derivative transactions, plan-based trades, or amendments. The signature block shows an attorney-in-fact executed the filing. This appears to be a standard, timely Form 4 disclosure consistent with insider trading reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 115.2868 | $8.211 | $946.62 |
| Grant/Award | Common Stock | 209.0295 | $7.728 | $2K |
Key Figures
Key Terms
Grant, award, or other acquisition financial
Rule 10b5-1 regulatory
Common Stock financial
FAQ
What stock awards did LEG executive Robert S. Smith Jr receive on August 22, 2025?
What role does Robert S. Smith Jr hold at LEG in this Form 4 disclosure?
AI-generated analysis. How Rhea-AI works. Not financial advice.