Leggett & Platt (LEG) Form 4 shows EVP purchases on 08/08/2025
Rhea-AI Filing Summary
Leggett & Platt (LEG) Form 4 shows reporting person Jennifer Joy Davis, listed as EVP - General Counsel, made two purchases of common stock on 08/08/2025. The filings report acquisitions of 120.2886 shares at $7.31 and 136.9637 shares at $6.88. After the reported transactions, beneficial ownership is shown as 82,517.5301 shares. The form is signed by an attorney-in-fact on 08/11/2025.
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Insights
TL;DR: Officer purchases recorded; transaction sizes are small relative to total outstanding shares and show officer-level buying on specific dates.
The Form 4 documents two small open-market acquisitions by EVP-General Counsel Jennifer Joy Davis on 08/08/2025: 120.2886 shares at $7.31 and 136.9637 shares at $6.88. The filings list beneficial ownership rising to 82,517.5301 shares following the second purchase. These are routine insider purchases recorded under Section 16 reporting and do not include derivatives or other compensatory grants.
TL;DR: This is a standard Section 16 disclosure showing officer purchases; no governance changes or unusual arrangements are disclosed.
The Form 4 identifies the reporting person as an officer and discloses two direct acquisitions executed on the same date. The filing was executed by an attorney-in-fact on 08/11/2025. There is no amendment flag and the form does not report any derivative transactions, plan-based trades, or changes to control. From a governance perspective, the filing documents compliance with insider reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 120.2886 | $7.31 | $879.31 |
| Grant/Award | Common Stock | 136.9637 | $6.88 | $942.31 |
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