LEG officer bought 88.4494 shares at $7.6585 on 10/03/2025
Rhea-AI Filing Summary
Leggett & Platt officer reported purchases of company common stock on 10/03/2025. Two non-derivative acquisitions were recorded: 88.4494 shares at $7.6585 and 267.0644 shares at $7.208, bringing the reporting person’s direct beneficial ownership to 58,106.9031 shares in total. An additional 24.889 shares are held indirectly in a retirement trust under the issuer’s 401(k) plan; the balance update reflects a plan statement dated 9/30/2025. The Form 4 was signed by an attorney-in-fact on 10/06/2025.
Positive
- Timely Form 4 filing signed on 10/06/2025, indicating disclosure compliance
- Insider increased direct ownership with purchases of 88.4494 and 267.0644 shares on 10/03/2025
- 401(k) plan holdings updated to reflect a 24.889 share balance as of 9/30/2025, showing plan participation
Negative
- None.
Insights
Officer purchases show continued insider alignment with shareholders.
Two open-market purchases totaling 355.5138 shares were recorded on 10/03/2025, increasing disclosed direct ownership to 58,106.9031 shares. Regular Form 4 reporting and the use of an attorney-in-fact for signature indicate procedural compliance.
Key dependencies include ongoing disclosure compliance and stability of executive ownership levels; changes to those holdings would be monitorable near-term. Expect future filings to confirm whether the officer continues to accumulate through payroll/plan contributions or open-market activity.
A small portion of holdings is held in the issuer’s 401(k) plan, updated to reflect plan activity.
The report notes 24.889 shares held indirectly under the company retirement plan and states the balance update is based on a plan statement dated 9/30/2025. The purchase entries include amounts exempt under Rule 16b-3(c), consistent with plan-related transactions.
Monitor subsequent plan statements and Form 4 entries for incremental plan contributions or vesting events within the next quarterly reporting window to see if employer-provided compensation materially affects insider ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 88.449 | $7.6585 | $677.39 |
| Grant/Award | Common Stock | 267.064 | $7.208 | $2K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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