Leggett & Platt (LEG) CEO receives 248.4702-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC President and CEO Karl G. Glassman reported a compensation-related share acquisition. On June 26, 2026, he received 248.4702 shares of Common Stock at $9.9195 per share, increasing his direct holdings to 1,135,579.7425 shares.
He also reports indirect holdings of 28,894.5580 shares held in a retirement plan trust and 514,335.0000 shares held by the Glassman Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 248.47 | $9.9195 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,135,579.743 shares (Direct, null);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
Key Figures
Shares granted: 248.4702 shares
Grant price: $9.9195 per share
Direct holdings after grant: 1,135,579.7425 shares
+2 more
5 metrics
Shares granted
248.4702 shares
Non-derivative grant on June 26, 2026
Grant price
$9.9195 per share
Price for 248.4702-share award
Direct holdings after grant
1,135,579.7425 shares
Common Stock held directly after transaction
Retirement plan trust holdings
28,894.5580 shares
Indirect ownership via issuer’s retirement plan trust
Glassman Living Trust holdings
514,335.0000 shares
Indirect ownership by Glassman Living Trust
Key Terms
Form 4, non-derivative, grant, award, or other acquisition, indirect ownership, +1 more
5 terms
Form 4 regulatory
"What insider transaction did LEG CEO Karl G. Glassman report on this Form 4 for LEG?"
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.
non-derivative financial
"classified as a non-derivative, compensation-related acquisition rather than an open-market purchase."
grant, award, or other acquisition financial
"The Form 4 identifies the CEO’s transaction as a grant, award, or other acquisition, coded “A,”"
indirect ownership financial
"Both positions are classified as indirect ownership interests in the company’s Common Stock."
Common Stock financial
"Leggett & Platt Common Stock as a grant or award."
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.
FAQ
What insider transaction did LEG CEO Karl G. Glassman report on this Form 4 for LEG?
Karl G. Glassman reported receiving 248.4702 shares of Leggett & Platt Common Stock as a grant or award. The shares were valued at $9.9195 per share and are classified as a non-derivative, compensation-related acquisition rather than an open-market purchase.
Was the LEG CEO’s Form 4 transaction an open-market buy or a grant/award?
The Form 4 identifies the CEO’s transaction as a grant, award, or other acquisition, coded “A,” not an open-market buy. He received 248.4702 Common Stock shares at $9.9195 per share as a non-derivative, compensation-related award increasing his direct ownership.