Leggett & Platt (NYSE: LEG) EVP granted additional common stock in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive vice president and general counsel Jennifer Joy Davis received a grant of common stock as part of her compensation. She acquired 90.5814 shares of common stock at a value of $10.2255 per share, bringing her direct holdings to 118489.4548 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DAVIS JENNIFER JOY
Role
EVP - GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 90.581 | $10.2255 | $926.24 |
Holdings After Transaction:
Common Stock — 118,489.455 shares (Direct, null)
Footnotes (1)
Key Figures
Stock grant size: 90.5814 shares
Grant value per share: $10.2255 per share
Total holdings after grant: 118489.4548 shares
3 metrics
Stock grant size
90.5814 shares
Common stock awarded to EVP Jennifer Joy Davis
Grant value per share
$10.2255 per share
Reporting value for the common stock grant
Total holdings after grant
118489.4548 shares
Direct LEG common stock held by Davis post-transaction
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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.
FAQ
What insider transaction did LEG (Leggett & Platt) report for Jennifer Joy Davis?
LEG reported that executive vice president and general counsel Jennifer Joy Davis received a grant of common stock. She acquired 90.5814 shares as a compensation-related award, recorded as a non-derivative acquisition under transaction code A on the Form 4.
Is the LEG Form 4 transaction for Jennifer Joy Davis an open-market buy or a compensation grant?
The LEG Form 4 for Jennifer Joy Davis records a compensation-related grant, not an open-market buy. It is coded as an “A” transaction, described as a grant, award, or other acquisition, indicating stock awarded as part of her executive compensation package.