Leggett & Platt CEO logs tax share disposition

Leggett & Platt President and CEO Karl G. Glassman reported a tax-related share disposition.

Accepted by SEC EDGAR 03/03/2026 - 03:16 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Leggett & Platt President and CEO Karl G. Glassman reported a tax-related share disposition. On the reported date, 37,046 shares of common stock were withheld at $11.50 per share to cover tax liabilities associated with equity compensation, rather than sold in the open market.

After this withholding, he directly owns 1,160,926.964 common shares. He also has indirect ownership of 514,335 shares through the Glassman Living Trust and 28,788.371 shares held in a trust under the company retirement plan.

Insider Trade Summary

Exercise Price or Tax Liability: 37,046 shares

Exercise Price or Tax Liability 1 txn

Insider GLASSMAN KARL G

Role President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	37,046	$11.50	$426K
Holding	Common Stock	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,160,926.964 shares (Direct); Common Stock — 514,335 shares (Indirect, By Glassman Living Trust); Common Stock — 28,788.371 shares (Indirect, Held In Trust Under Issuer's Retirement Plan)

Holdings Before and After: Common Stock, 1,197,972.964 to 1,160,926.964 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LEG CEO Karl Glassman report on this Form 4?

Karl Glassman reported a tax-related share disposition, where 37,046 Leggett & Platt common shares were withheld at $11.50 per share. This transaction satisfied tax obligations tied to equity compensation rather than representing an open-market sale of stock.

How many LEG shares does Karl Glassman own directly after this Form 4 filing?

After the reported tax-withholding disposition, Karl Glassman directly owns 1,160,926.964 Leggett & Platt common shares. This figure reflects his remaining direct holding following the 37,046 shares withheld to cover tax liabilities associated with equity-based compensation.

What was the price per share for Karl Glassman’s tax-withholding disposition of LEG stock?

The tax-withholding disposition used a price of $11.50 per share for 37,046 Leggett & Platt common shares. This price is the value applied to calculate shares withheld to satisfy tax obligations arising from equity compensation awards.

What indirect LEG share holdings are reported for Karl Glassman on this Form 4?

Karl Glassman reports 514,335 Leggett & Platt shares held indirectly through the Glassman Living Trust. He also reports 28,788.371 additional shares held indirectly in a trust under the issuer’s retirement plan as part of his overall beneficial ownership.

Does this LEG Form 4 show an open-market sale by the CEO?

The filing shows a tax-withholding disposition of 37,046 shares, not an open-market sale. Shares were delivered at $11.50 per share to satisfy tax liabilities related to equity compensation rather than sold through market transactions.

What is the overall direction of insider activity in this LEG Form 4?

The primary activity is a disposition for tax withholding, recorded under code F. No open-market buys or sells are reported, and remaining entries simply update indirect holdings in the trust and retirement plan structures.

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

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SEC Form 4

FORM 4

UNITED 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^*

GLASSMAN KARL G

(Last) (First) (Middle)

NO 1 LEGGETT ROAD

(Street)

CARTHAGE MO 64836

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		F		37,046	D	$11.5	1,160,926.964	D
Common Stock								514,335	I	By Glassman Living Trust
Common Stock								28,788.371	I	Held In Trust Under Issuer's Retirement Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Stanley Scott Luton, attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
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.
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