Leggett & Platt (LEG) CEO reports fresh stock awards and large holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leggett & Platt President and CEO Karl G. Glassman reported equity awards of Common Stock rather than market trades. On April 15, 2026, he received 1,080.964 shares at $9.6475 per share and 682.2797 shares at $9.08 per share as grant/award acquisitions.
After these awards, Glassman directly holds 1,161,285.8675 Common shares. The filing also shows indirect holdings of 514,335 shares by the Glassman Living Trust and 28,894.558 shares held in a trust under the issuer's retirement plan, indicating a substantial ongoing ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,080.964 | $9.6475 | $10K |
| Grant/Award | Common Stock | 682.28 | $9.08 | $6K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,160,603.588 shares (Direct);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust)
Footnotes (1)
Key Figures
Stock award 1: 1,080.964 shares at $9.6475
Stock award 2: 682.2797 shares at $9.08
Direct holdings after transactions: 1,161,285.8675 shares
+2 more
5 metrics
Stock award 1
1,080.964 shares at $9.6475
Common Stock grant on April 15, 2026
Stock award 2
682.2797 shares at $9.08
Common Stock grant on April 15, 2026
Direct holdings after transactions
1,161,285.8675 shares
Common Stock directly owned following awards
Indirect holdings – Glassman Living Trust
514,335 shares
Common Stock held indirectly by trust
Indirect holdings – retirement plan trust
28,894.558 shares
Common Stock held in trust under issuer's retirement plan
Key Terms
grant/award acquisition, Common Stock, indirect ownership, retirement plan
4 terms
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Common Stock financial
""security_title": "Common Stock""
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.
indirect ownership financial
""ownership_type": "indirect""
retirement plan financial
"Held In Trust Under Issuer's Retirement Plan"
FAQ
What insider transaction did LEG CEO Karl Glassman report on April 15, 2026?
Karl G. Glassman reported receiving two equity awards of Leggett & Platt Common Stock on April 15, 2026. He was granted 1,080.964 shares at $9.6475 per share and 682.2797 shares at $9.08 per share as compensation-related stock awards.
Were the latest LEG insider transactions open-market buys or sells?
The reported LEG insider transactions were grant/award acquisitions, not open-market buys or sells. Both entries use transaction code A, indicating compensation-related awards of Common Stock, with no separate open-market purchase or sale activity disclosed in this Form 4.
What prices were used for Karl Glassman’s recent LEG stock awards?
The reported compensation awards used prices of $9.6475 and $9.08 per LEG share. One grant covered 1,080.964 shares at $9.6475, and a second covered 682.2797 shares at $9.08, reflecting the share values used for these equity grants.
Does the LEG Form 4 show any changes in indirect holdings for Karl Glassman?
The Form 4 lists indirect holdings but does not show new indirect transactions. It reports 514,335 shares held by the Glassman Living Trust and 28,894.558 shares held in a trust under the issuer’s retirement plan, providing an updated view of his indirect ownership.