[Form 4] Leggett & Platt, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Robert S. Smith Jr., EVP at Leggett & Platt (LEG), reported purchases of company common stock on 08/22/2025. The Form 4 shows two non-derivative acquisitions: 115.2868 shares at $8.211 per share and 209.0295 shares at $7.728 per share. After these transactions the reported beneficial ownership increased from 98,854.0227 shares to 99,063.0522 shares. The filing was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Insider purchases reported showing the EVP increased his stake
- Clear disclosure of prices and resulting beneficial ownership for transparency
Negative
- None.
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.