[Form 4] Leggett & Platt, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Ryan Michael Kleiboeker, identified as an officer (EVP-Chief Strategic Plan. Off.) of Leggett & Platt Inc. (LEG), reported purchases of common stock on 08/08/2025. He acquired 100.5581 shares at $7.31 and 231.9985 shares at $6.88, totaling 332.5566 shares and increasing his reported direct beneficial ownership to 83,773.3601 shares. The filing also discloses 1,000 shares held in a spouse's IRA and 862.061 shares held in trust under the issuer's retirement plan.
Positive
- Officer purchases recorded: The reporting officer acquired a total of 332.5566 shares (100.5581 at $7.31 and 231.9985 at $6.88), increasing direct ownership to 83,773.3601 shares.
- Clear disclosure of indirect holdings: Report lists 1,000 shares in a spouse's IRA and 862.061 shares held in trust, improving transparency.
Negative
- None.
Insights
TL;DR: Insider purchases of 332.5566 LEG shares at modest prices raise direct holdings to 83,773.3601 shares; size appears routine.
The Form 4 shows two open-market acquisitions executed on 08/08/2025: 100.5581 shares at $7.31 and 231.9985 shares at $6.88. These transactions increased the reporting officer's direct beneficial ownership to 83,773.3601 shares. The disclosed indirect holdings (1,000 shares in a spouse's IRA and 862.061 shares in a trust) are recorded separately. From a trading-impact perspective, the absolute volume is small relative to a typical large-cap issuer and is unlikely to move the market or materially change ownership structure.
TL;DR: Form 4 filing documents timely disclosure of officer purchases and indicates compliance with Section 16 reporting requirements.
The filing identifies the reporting person by name and title and reports the acquisition amounts, prices, and post-transaction beneficial ownership. It also specifies indirect holdings by spouse IRA and company retirement trust. This transparency fulfills the issuer's insider-reporting obligations and provides investors with clear, itemized disclosure of officer-held positions.