[Form 4] LEGGETT & PLATT INC Insider Trading Activity
Rhea-AI Filing Summary
Insider Form 4 for Leggett & Platt (LEG) reports that Lindsey Nicole Odaffer, listed as an officer (EVP - Chief HR Officer), executed two open-market purchases on 09/19/2025: 84.9605 shares at $7.973 and 256.5299 shares at $7.504. Following those transactions she is reported to beneficially own 57,751.3893 shares direct and 24.763 shares indirectly held in a trust under the issuer's retirement plan. The Form 4 is signed by an attorney-in-fact on 09/22/2025.
Positive
- Insider purchases disclosed: Two open-market acquisitions on 09/19/2025 (84.9605 shares at $7.973 and 256.5299 shares at $7.504).
- Clear ownership reporting: Direct beneficial ownership reported as 57,751.3893 shares and indirect ownership of 24.763 shares held in a retirement trust.
- Form properly executed: Form 4 signed by attorney-in-fact on 09/22/2025, indicating timely administrative completion.
Negative
- None.
Insights
TL;DR Insider purchases totaling two small open-market acquisitions were reported, increasing direct beneficial ownership.
The Form 4 shows routine open-market acquisitions by an executive rather than option exercises or derivative activity. The reported purchases on 09/19/2025—84.9605 shares at $7.973 and 256.5299 shares at $7.504—raise the reporting person’s direct beneficial ownership to 57,751.3893 shares, with an additional 24.763 shares held indirectly in a retirement trust. For investors tracking insider activity, these are concrete purchases but of modest size relative to large-cap holdings; the filing does not disclose motives, plans, or material corporate events.
TL;DR Filing documents routine insider purchases and appropriate Section 16 disclosure; no governance issues flagged in the form.
The document properly identifies the reporting person’s role as EVP - Chief HR Officer and marks the filing as by one reporting person. Transactions are purchase codes with direct and indirect ownership clearly stated and the Form 4 is signed by an attorney-in-fact. There are no derivative transactions, amendments, or other disclosures suggesting governance concerns. This is a standard timely disclosure of insider buying under Section 16.