[Form 4] Leggett & Platt, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Leggett & Platt (LEG) Form 4: Reporting person Karl G. Glassman purchased 280.7698 shares of common stock on 09/05/2025 at a price of $8.5085 per share. After the transaction, the report shows total beneficial ownership of 914,507.2736 shares, comprised of 514,335 shares held indirectly by the Glassman Living Trust and 28,497.442 shares held in the issuer's retirement plan.
Positive
- Insider purchase disclosed: Acquisition of 280.7698 shares on 09/05/2025 at $8.5085 per share.
- Comprehensive ownership disclosure: Total beneficial ownership reported as 914,507.2736 shares with indirect holdings detailed (514,335 via trust; 28,497.442 in retirement plan).
Negative
- None.
Insights
TL;DR: Insider acquired a small block of 281 shares at $8.51, leaving reported total beneficial ownership of 914,507 shares; transaction appears routine.
The reported purchase of 280.7698 shares at $8.5085 is explicitly documented and increases direct holdings to the reported total of 914,507.2736 shares. The filing identifies substantial indirect holdings through the Glassman Living Trust (514,335 shares) and plan-held shares (28,497.442). From a market-impact perspective, the acquisition size is small relative to the total reported position and contains no additional economic terms or derivatives.
TL;DR: Filing correctly discloses a routine insider purchase and multiple forms of beneficial ownership, with a dated signature by attorney-in-fact.
The Form 4 lists Karl G. Glassman as President and CEO and Director, and shows the transaction date of 09/05/2025. Signature is by an attorney-in-fact, dated 09/08/2025. Indirect holdings via a trust and retirement plan are clearly stated. No amendments or derivative transactions are reported. The filing meets disclosure elements required by Section 16 as presented.