Leggett & Platt (NYSE: LEG) EVP uses 180 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leggett & Platt EVP and Chief HR Officer Lindsey Nicole Odaffer reported a routine tax-related share disposition. On March 10, 2026, 180 shares of common stock were withheld at $10.51 per share to cover tax obligations in connection with equity compensation.
After this transaction, Odaffer directly holds 85,212.497 common shares and indirectly holds 25.029 shares through a trust under the company’s retirement plan. The withholding is not an open-market sale and represents a very small portion of her overall holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ODAFFER LINDSEY NICOLE
Role
EVP - Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 180 | $10.51 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,212.497 shares (Direct);
Common Stock — 25.029 shares (Indirect, Held in Trust Under Issuer's Retirement Plan)
Footnotes (1)
FAQ
What insider transaction did LEG EVP Lindsey Odaffer report on this Form 4?
Lindsey Nicole Odaffer reported a tax-withholding disposition of 180 Leggett & Platt common shares. The shares were delivered to satisfy tax liabilities tied to equity compensation, rather than sold in the open market.
Was the March 10, 2026 LEG insider transaction an open-market sale?
No, the transaction is coded F, indicating shares were delivered to pay taxes or exercise costs. The Form 4 characterizes it as a tax-withholding disposition, which differs from a voluntary open-market sale of shares.
What role does Lindsey Odaffer hold at Leggett & Platt (LEG)?
Lindsey Nicole Odaffer serves as Executive Vice President and Chief HR Officer at Leggett & Platt. Her Form 4 filing reflects equity-related tax withholding and discloses her updated direct and indirect common stock holdings.