Leggett & Platt (LEG) EVP reports tax-withholding share disposition
Rhea-AI Filing Summary
LEGGETT & PLATT INC executive James Tyson Hagale, EVP and President of Bedding Products, reported a tax-withholding disposition of 4,415 shares of common stock at $11.50 per share. After this transaction related to tax liabilities, he directly held 190,768.4261 shares of the company’s common stock.
Positive
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Insider Trade Summary
Net Seller: 4,415 shares
Net Sell
1 txn
Insider
HAGALE JAMES TYSON
Role
EVP, Pres. - Bedding Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,415 | $11.50 | $51K |
Holdings After Transaction:
Common Stock — 190,768.4261 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LEG (Leggett & Platt) report for James Tyson Hagale?
James Tyson Hagale reported a tax-withholding disposition of 4,415 shares of Leggett & Platt common stock. The shares were valued at $11.50 each and were used to cover tax liabilities rather than representing an open-market sale.
What is transaction code F in the LEG Form 4 for James Tyson Hagale?
Transaction code F in this LEG Form 4 indicates a tax-withholding disposition. Shares are withheld or delivered to satisfy tax liabilities or exercise costs, rather than being bought or sold in an open market transaction by the reporting executive.
Was the LEG Form 4 transaction by James Tyson Hagale an open-market sale?
No, the transaction was not an open-market sale. The Form 4 identifies it as a tax-withholding disposition (code F), meaning shares were delivered to cover exercise price or tax liabilities rather than being sold on the open market.