Leggett & Platt (NYSE: LEG) CEO stock withheld to cover tax liability

Rhea-AI Filing Summary

Leggett & Platt President and CEO Karl G. Glassman reported a routine tax-related share disposition. On March 10, 2026, 2,262 shares of common stock were withheld at $10.51 per share to cover tax obligations, coded as a tax-withholding disposition (code F), not an open-market sale.

After this transaction, Glassman directly holds 1,158,929.2305 shares of common stock. He also reports indirect holdings of 514,335 shares through the Glassman Living Trust and 28,788.371 shares held in a trust under the company’s retirement plan, indicating a substantial continuing ownership position.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GLASSMAN KARL G

(Last) (First) (Middle)

NO 1 LEGGETT ROAD

(Street)

CARTHAGE MO 64836

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		F		2,262	D	$10.51	1,158,929.2305	D
Common Stock								514,335	I	By Glassman Living Trust
Common Stock								28,788.371	I	Held In Trust Under Issuer's Retirement Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Stanley Scott Luton, attorney-in-fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did LEG CEO Karl Glassman report in this Form 4 filing?

Karl Glassman reported a tax-withholding disposition of 2,262 Leggett & Platt shares. The shares were withheld at $10.51 per share to cover tax obligations, rather than sold in the open market, and his overall ownership remains substantial after the transaction.

How many LEG shares were withheld for taxes from Karl Glassman?

The filing shows 2,262 shares of Leggett & Platt common stock were withheld for taxes. This transaction used code F, which indicates payment of tax liability by delivering securities, not a discretionary buy or sell in the market.

How many LEG shares does Karl Glassman hold directly after this transaction?

After the tax-withholding disposition, Karl Glassman directly holds 1,158,929.2305 shares of Leggett & Platt common stock. This figure reflects his remaining direct stake following the 2,262 shares withheld to satisfy tax obligations on March 10, 2026.

What indirect LEG share holdings does Karl Glassman report?

Glassman reports indirect ownership of 514,335 shares of Leggett & Platt through the Glassman Living Trust. He also shows 28,788.371 shares held in a trust under the issuer’s retirement plan, adding to his total economic exposure to LEG stock.

Was the LEG CEO’s Form 4 transaction a market sale of shares?

No, the Form 4 describes a tax-withholding disposition using code F, not an open-market sale. Shares were delivered to cover tax obligations, which is a routine administrative event rather than a discretionary decision to sell stock in the market.

Does this LEG Form 4 indicate any options or derivative exercises?

The summarized data show no derivative transactions or option exercises in this filing. The only reportable event is the code F tax-withholding disposition of 2,262 common shares, alongside updated direct and indirect common stock holdings for Karl Glassman.