LEG CFO acquires 462.59 shares; ownership rises to 142,655.28 shares
Rhea-AI Filing Summary
Leggett & Platt (LEG) insider filing shows purchases under company plans and updates ownership. Executive Vice President and CFO Benjamin M. Burns reported purchases on 10/03/2025: 142.4365 shares at $7.6585 and 320.1568 shares at $7.208, a combined 462.5933 shares acquired. Following these transactions, total reported beneficial ownership is 142,655.284 shares, which includes indirect holdings of 1,272.9388 shares held by spouse and small amounts held in the issuer's retirement plan (31.267 and 24.344 shares) per plan statements dated 9/30/2025. The transactions are marked as acquisitions exempt under Rule 16b-3(c).
Positive
- Acquisitions under company 401(k) plans totaling 462.5933 shares on 10/03/2025
- Reported beneficial ownership increased to 142,655.284 shares, providing transparency on insider holdings
- Transactions coded as Rule 16b-3(c) plan exemptions, consistent with routine payroll/retirement plan activity
Negative
- None.
Insights
TL;DR: CFO acquired 462.5933 shares under company plans, modestly increasing direct holdings to 142,655.284.
These entries record purchases through the issuer's retirement/401(k) arrangements on 10/03/2025 with per-share prices of $7.6585 and $7.208. The activity is coded as exempt under Rule 16b-3(c), indicating plan-based contributions rather than open-market trading.
The main dependency is routine payroll/plan contribution timing reflected in the plan statement dated 9/30/2025. Near-term items to watch include any future plan statements around year-end and subsequent Form 4 filings that would change the 142,655.284 share balance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 142.437 | $7.6585 | $1K |
| Grant/Award | Common Stock | 320.157 | $7.208 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Balance has been updated to reflect the acquisition of .156 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 9/30/2025. Balance has been updated to reflect the acquisition of .124 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 9/30/2025.