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[Form 4] LEGGETT & PLATT INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Insider purchase increasing stake via 401(k) plan. Karl G. Glassman, who is listed as President and CEO and a director of Leggett & Platt Inc. (LEG), reported an acquisition of 311.9318 shares of common stock on 10/03/2025 at a reported price of $7.6585 per share. After the transaction, total beneficial ownership is reported as 915,118.8329 shares, held partly directly and partly indirectly (including 514,335 shares by the Glassman Living Trust and 28,633.801 shares held in trust under the issuer's retirement plan).

The filing notes the reported acquisition reflects 136.359 shares added under the issuer's 401(k) plan, based on a plan statement dated 9/30/2025. The form is signed by an attorney-in-fact on 10/06/2025. The disclosure is routine Section 16 reporting of insider activity and shows a small incremental purchase through a company retirement plan rather than a market open-market trade.

Positive

  • Insider increased ownership by 311.9318 shares, bringing total to 915,118.8329 shares
  • Purchase arose from 401(k) plan, consistent with routine, pre-set employee benefit activity

Negative

  • None.

Insights

TL;DR: CEO/director made a modest 401(k)-linked purchase, slightly increasing beneficial ownership.

The reported 311.9318 share acquisition was recorded as exempt under Rule 16b-3(c) because it arises from the issuer's 401(k) plan, which typically allows automatic contributions or plan-directed investments without active trading by the insider. The filing shows a combined holding of 915,118.8329 shares across direct and indirect vehicles, with 514,335 held by the Glassman Living Trust and 28,633.801 in the retirement plan.

This transaction is procedural and not a block market purchase; monitor future Section 16 filings within 30 days for any non-plan purchases or sales that could signal a change in insider stance.

TL;DR: Incremental increase reflects routine 401(k) plan activity rather than discretionary compensation.

The explanation notes 136.359 shares were added under the issuer's 401(k) plan per a plan statement dated 9/30/2025, indicating payroll or plan allocation timing rather than a negotiated grant or option exercise. Such additions are commonly periodic contributions or plan rebalancing.

Investors may review subsequent plan statements or later Form 4s for cumulative trends in plan-sourced insider accumulation over the next quarter to assess whether retirement-plan allocations are materially changing overall insider ownership.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GLASSMAN KARL G

(Last) (First) (Middle)
NO 1 LEGGETT ROAD

(Street)
CARTHAGE MO 64836

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEGGETT & PLATT INC [ LEG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/03/2025 A 311.9318 A $7.6585 915,118.8329 D
Common Stock 514,335 I By Glassman Living Trust
Common Stock 28,633.801(1) I Held In Trust Under Issuer's Retirement Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Balance has been updated to reflect the acquisition of 136.359 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 9/30/2025.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 10/06/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Karl G. Glassman report on the Form 4 for LEG?

He reported acquiring 311.9318 shares of Leggett & Platt common stock on 10/03/2025 at $7.6585 per share, increasing total beneficial ownership to 915,118.8329 shares.

Was the transaction a market purchase or plan-based?

The filing explains the acquisition includes 136.359 shares added under the issuer's 401(k) plan and is reported as exempt under Rule 16b-3(c), indicating plan-based activity.

How much is held indirectly by trusts or plans per the filing?

The report lists 514,335 shares held by the Glassman Living Trust and 28,633.801 shares held in trust under the issuer's retirement plan.

Who signed the Form 4 and when?

The Form 4 is signed by Stanley Scott Luton, attorney-in-fact on 10/06/2025.

Does the filing show any options or derivative transactions?

No derivative securities or option transactions are reported in Table II of this Form 4.
Leggett & Platt Inc

NYSE:LEG

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1.26B
132.57M
2%
86.22%
6.31%
Furnishings, Fixtures & Appliances
Household Furniture
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United States
CARTHAGE