LEGGETT & PLATT (NYSE: LEG) director reports small common stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGGETT & PLATT INC director Padmanabhan Srikanth received a small stock award. On this Form 4, he acquired 168.888 shares of common stock at an indicated price of $9.08 per share as a grant or award, not as an open-market purchase. Following this compensation-related acquisition, he directly holds a total of 69,461.9538 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Padmanabhan Srikanth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 168.888 | $9.08 | $2K |
Holdings After Transaction:
Common Stock — 69,461.954 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 168.888 shares
Indicated grant price: $9.08 per share
Shares held after transaction: 69,461.9538 shares
3 metrics
Shares granted
168.888 shares
Grant, award, or other acquisition of common stock
Indicated grant price
$9.08 per share
Reported price for awarded common stock
Shares held after transaction
69,461.9538 shares
Direct holdings following the award
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LEG director Padmanabhan Srikanth report on this Form 4 for LEG?
Director Padmanabhan Srikanth reported receiving a grant of 168.888 shares of LEG common stock. The filing classifies this as a “Grant, award, or other acquisition,” indicating a compensation-related award rather than an open-market trade in the company’s shares.
Was the LEG Form 4 transaction by Padmanabhan Srikanth a stock purchase or a grant?
The transaction was a stock grant, not a market purchase. It is coded “A” for “Grant, award, or other acquisition,” meaning the director received 168.888 common shares as part of compensation, rather than buying shares directly on the open market.
Does this LEG Form 4 indicate any stock sales by Padmanabhan Srikanth?
No stock sales are shown in this Form 4. The transaction summary lists one acquisition entry and zero dispositions, highlighting only a compensation-related grant of 168.888 common shares, with no reported sales or transfers of LEG stock by the director.