Leggett & Platt (NYSE: LEG) CEO adds stock, reports direct and trust holdings
Rhea-AI Filing Summary
LEGGETT & PLATT INC (LEG) reported that President and CEO Karl G. Glassman received a grant or award of 308.1453 shares of common stock on 2026-08-21 at $7.9985 per share. Following this acquisition, he directly holds 1,138,567.2116 common shares, with additional indirect holdings of 514,335.0000 shares through the Glassman Living Trust and 29,012.4860 shares held in a trust under the issuer's retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 308.1453 shares
Net Buy
3 txns
Insider
GLASSMAN KARL G
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 308.1453 | $7.9985 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,138,567.2116 shares (Direct);
Common Stock — 514,335 shares (Indirect, By Glassman Living Trust);
Common Stock — 29,012.486 shares (Indirect, Held In Trust Under Issuer's Retirement Plan)
Key Figures
Shares acquired: 308.1453 shares of Common Stock
Transaction price per share: $7.9985 per share
Direct holdings after transaction: 1,138,567.2116 shares
+2 more
5 metrics
Shares acquired
308.1453 shares of Common Stock
Grant, award, or other acquisition on 2026-08-21
Transaction price per share
$7.9985 per share
Price for the 308.1453-share grant or award
Direct holdings after transaction
1,138,567.2116 shares
Direct common stock owned by Karl G. Glassman after acquisition
Indirect holdings via Glassman Living Trust
514,335.0000 shares
Indirect ownership categorized as By Glassman Living Trust
Indirect holdings under retirement plan trust
29,012.4860 shares
Indirect ownership held in trust under issuer's retirement plan
Key Terms
Grant, award, or other acquisition, indirect ownership, Rule 10b5-1
3 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect ownership financial
""ownership_type": "indirect","ownership_code": "I""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did LEGGETT & PLATT INC (LEG) report for Karl G. Glassman?
Karl G. Glassman received a grant or award of 308.1453 shares of LEG common stock on 2026-08-21 at $7.9985 per share, categorized as a grant, award, or other acquisition of non-derivative common stock.
Was Karl G. Glassman’s LEG stock transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), so the reported 308.1453-share grant or award is not identified as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.