Leggett & Platt CEO granted about 2,176 shares
LEGGETT & PLATT INC (LEG) reported that President and CEO Karl G. Glassman received two equity awards of common stock on 2026-08-24.
Rhea-AI Filing Summary
LEGGETT & PLATT INC (LEG) reported that President and CEO Karl G. Glassman received two equity awards of common stock on 2026-08-24. He acquired 1,341.0285 shares at $7.9730 per share and 834.8707 shares at $7.5040 per share as grants or awards. Following these transactions, reported indirect holdings include 514,335.0000 shares held by the Glassman Living Trust and 29,012.4860 shares held in a trust under the issuer's retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,175.8992 shares
Grant/Award
4 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,341.0285 | $7.973 | $11K |
| Grant/Award | Common Stock | 834.8707 | $7.504 | $6K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,140,743.1108 shares (Direct);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust);
Common Stock — 29,012.486 shares (Indirect, Held In Trust Under Issuer's Retirement Plan)
Key Figures
Awarded shares (grant 1): 1,341.0285 shares
Award price (grant 1): $7.9730 per share
Awarded shares (grant 2): 834.8707 shares
+3 more
6 metrics
Awarded shares (grant 1)
1,341.0285 shares
Common stock grant to Karl G. Glassman on 2026-08-24 at $7.9730 per share
Award price (grant 1)
$7.9730 per share
Price per share for 1,341.0285-share common stock grant on 2026-08-24
Awarded shares (grant 2)
834.8707 shares
Common stock grant to Karl G. Glassman on 2026-08-24 at $7.5040 per share
Award price (grant 2)
$7.5040 per share
Price per share for 834.8707-share common stock grant on 2026-08-24
Indirect holdings by Glassman Living Trust
514,335.0000 shares
Total indirect common stock holdings reported as "By Glassman Living Trust"
Indirect holdings under retirement plan trust
29,012.4860 shares
Common stock held indirectly in trust under issuer's retirement plan
Key Terms
Grant, award, or other acquisition, indirect, Rule 10b5-1, Common Stock
4 terms
Grant, award, or other acquisition financial
"Transaction code description is "Grant, award, or other acquisition""
indirect financial
"ownership_type is reported as indirect for certain holdings"
Rule 10b5-1 regulatory
"aff_10b5_one is the document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Common Stock financial
"security_title is listed as Common Stock in each entry"
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.
FAQ
What insider transactions did LEG (LEGGETT & PLATT INC) report for Karl G. Glassman?
LEG reported that President and CEO Karl G. Glassman received two grants of common stock on 2026-08-24, totaling 2,175.8992 shares, classified as grant, award, or other acquisition transactions rather than open-market purchases.
Were the recent LEG insider transactions by Karl G. Glassman open-market buys or awards?
The transactions are coded “A” and described as grant, award, or other acquisition of common stock. They are reported as equity awards to Karl G. Glassman, not as open-market purchase transactions.
Does the Form 4 for LEG indicate any use of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan in this report.
AI-generated analysis. How Rhea-AI works. Not financial advice.