Leggett & Platt (LEG) CFO granted 128.8 shares of stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BURNS BENJAMIN MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Leggett & Platt Executive Vice President and CFO Benjamin Michael Burns reported a compensation-related stock award of company shares. On May 29, 2026, he received a grant of 128.7943 shares of common stock at $8.7295 per share, bringing his direct holdings to 191,390.9516 shares.
The filing also lists indirect common stock holdings attributed to his spouse and retirement plans, including 24.5810 shares held in trust under the issuer’s retirement plan by his spouse, 1,272.9388 shares held by his spouse, and 31.5640 shares held in trust under the issuer’s retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BURNS BENJAMIN MICHAEL
Role
Executive Vice President - CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 128.794 | $8.7295 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 191,390.952 shares (Direct, null);
Common Stock — 31.564 shares (Indirect, Held In Trust Under Issuer's Retirement Plan)
Footnotes (1)
Key Figures
Stock award: 128.7943 shares
Award price: $8.7295 per share
Direct holdings after grant: 191,390.9516 shares
+3 more
6 metrics
Stock award
128.7943 shares
Grant, award, or other acquisition of common stock on May 29, 2026
Award price
$8.7295 per share
Recorded price for the 128.7943-share grant
Direct holdings after grant
191,390.9516 shares
CFO’s direct common stock ownership following the award
Indirect spouse holdings
1,272.9388 shares
Common stock held by spouse as indirect ownership
Spouse retirement plan trust
24.5810 shares
Held in trust under issuer’s retirement plan by spouse
Retirement plan trust
31.5640 shares
Held in trust under issuer’s retirement plan
Key Terms
Grant, award, or other acquisition, Common Stock, Held In Trust Under Issuer's Retirement Plan, indirect
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
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.
Held In Trust Under Issuer's Retirement Plan financial
"nature_of_ownership: Held In Trust Under Issuer's Retirement Plan"
indirect financial
"ownership_type: indirect"
FAQ
What insider transaction did LEG CFO Benjamin Michael Burns report?
Benjamin Michael Burns reported receiving a stock award of 128.7943 shares of Leggett & Platt common stock. The transaction is coded as a grant, award, or other acquisition rather than an open-market trade, reflecting compensation rather than a discretionary stock purchase or sale.
At what price was the Leggett & Platt stock award to the CFO recorded?
The stock award to the CFO was recorded at $8.7295 per share. This price is used for the 128.7943-share grant, which is categorized as a grant, award, or other acquisition of common stock rather than a market purchase or sale transaction.
Was the LEG CFO’s reported transaction a stock purchase or sale on the open market?
No, the transaction is coded as a grant, award, or other acquisition, not as an open-market purchase or sale. It represents a compensation-related award of 128.7943 shares, with no Form 4 codes indicating an open-market buy or sell transaction.