STOCK TITAN

Leggett & Platt (LEG) EVP gets stock award and covers taxes

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

Rhea-AI Filing Summary

Leggett & Platt executive Ryan Michael Kleiboeker reported equity compensation activity in company common stock. He received a grant of 20,075 restricted stock units, which are settled one-for-one in common shares and generally vest in one-third increments on the first, second and third anniversaries of the grant date. To cover tax obligations, 872 shares were disposed of at $11.83 per share. After these transactions, he holds 107,810.8241 shares directly, plus 1,000 shares indirectly through his spouse’s IRA and 870.906 shares held in a trust under the issuer’s retirement plan.

Positive

  • None.

Negative

  • None.
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*
KLEIBOEKER RYAN MICHAEL

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP-Chief Strategic Plan. Off.
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 A 20,075(1) A $0 108,682.8241 D
Common Stock 02/26/2026 F 872 D $11.83 107,810.8241 D
Common Stock 1,000 I By Spouse's IRA
Common Stock 870.906 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. Represents restricted stock units (settled solely in common stock on a one-to-one basis), which generally vest in one-third increments on the first, second and third anniversaries of the grant date.
Remarks:
/s/ Stanley Scott Luton, attorney-in-fact 02/27/2026
** 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 insider transactions did LEG executive Ryan Kleiboeker report?

Ryan Kleiboeker reported an equity grant and a tax-related share disposition in LEG common stock. He received 20,075 restricted stock units and had 872 shares withheld at $11.83 per share to satisfy tax obligations tied to the award.

How many LEG shares did Ryan Kleiboeker acquire in this Form 4 filing?

He acquired 20,075 restricted stock units in LEG, settled in common shares on a one-for-one basis. These units generally vest in three equal annual installments on the first, second and third anniversaries of the grant date, subject to continued service conditions.

Why were 872 LEG shares disposed of in Ryan Kleiboeker’s Form 4?

The 872 LEG shares were disposed of to satisfy tax liabilities related to the equity award. The shares were valued at $11.83 each, and this tax-withholding disposition did not represent an open-market sale initiated for investment purposes.

What is Ryan Kleiboeker’s LEG share ownership after these transactions?

Following the reported transactions, he directly owns 107,810.8241 LEG common shares. In addition, he has indirect ownership of 1,000 shares through his spouse’s IRA and 870.906 shares held in a trust under the company’s retirement plan.

How do the new restricted stock units in LEG vest for Ryan Kleiboeker?

The 20,075 LEG restricted stock units generally vest in three equal tranches. One-third of the units vest on each of the first, second and third anniversaries of the grant date, after which they are settled solely in common stock on a one-to-one basis.
Leggett & Platt Inc

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1.56B
132.66M
Furnishings, Fixtures & Appliances
Household Furniture
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United States
CARTHAGE