STOCK TITAN

Leggett & Platt (NYSE: LEG) board member gets $7.50 stock grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LEGGETT & PLATT INC (LEG) reported an insider equity award to a board member. Director and reporting person Srikanth Padmanabhan received a grant of 206.6595 shares of common stock on August 24, 2026, at a reported value of $7.5040 per share, classified as a grant, award, or other acquisition.

After this award, the director's directly owned common stock holdings increased to 69,845.1183 shares. The filing’s Rule 10b5-1 checkbox was not marked as being made under a trading plan.

Positive

  • None.

Negative

  • None.
Insider Padmanabhan Srikanth
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 206.6595 $7.504 $2K
Holdings After Transaction: Common Stock — 69,845.1183 shares (Direct)
Shares granted 206.6595 shares Equity grant to director on August 24, 2026
Grant value per share $7.5040 per share Reported transaction price for the August 24, 2026 grant
Shares owned after transaction 69,845.1183 shares Director’s directly owned LEG common stock following the grant
grant, award, or other acquisition financial
"transaction code description is "grant, award, or other acquisition""
direct ownership financial
"ownership_type is listed as direct for the reported shares"
Form 4 regulatory
"Insider transaction by a director is reported on Form 4"
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.

FAQ

What insider transaction did LEG (LEGGETT & PLATT INC) disclose in this Form 4?

LEG disclosed that director and reporting person Srikanth Padmanabhan received a grant of 206.6595 shares of common stock on August 24, 2026, reported as a grant, award, or other acquisition rather than a market purchase.

What was the reported per-share value of the equity award in LEG’s Form 4?

The equity award to the director was reported at a value of $7.5040 per share for the 206.6595 shares of LEG common stock granted on August 24, 2026, based on the transaction’s per-share price field.

How many LEG (LEGGETT & PLATT INC) shares does the reporting person hold after this transaction?

Following the equity grant, the director’s directly owned position in LEG common stock is reported as 69,845.1183 shares, reflecting the updated total holdings after the August 24, 2026 transaction.

Was the LEG director’s reported transaction made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported August 24, 2026 equity award to the director was not identified as being made pursuant to a Rule 10b5-1 trading plan.

Is the transaction in LEG’s Form 4 a buy or a grant to the insider?

The Form 4 classifies the August 24, 2026 transaction as a grant, award, or other acquisition of 206.6595 shares of LEG common stock to the director, rather than a market buy or sell.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Padmanabhan Srikanth

(Last)(First)(Middle)
NO. 1 LEGGETT ROAD

(Street)
CARTHAGE MISSOURI 64836

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/24/2026A206.6595A$7.50469,845.1183D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact08/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)