Leggett & Platt EVP granted 30,809 restricted units
Leggett & Platt EVP and General Counsel Jennifer Joy Davis reported equity compensation and related tax withholding in company stock.
Rhea-AI Filing Summary
Leggett & Platt EVP and General Counsel Jennifer Joy Davis reported equity compensation and related tax withholding in company stock. She acquired 30,809 shares as a grant described as restricted stock units that settle one-for-one in common stock. On the same date, 1,533 shares were disposed of to cover tax obligations at a price of $11.83 per share. After these transactions, her directly held common stock position was 116,045.7566 shares. The restricted stock units generally vest in three equal annual installments on the first, second, and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,809 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,533 | $11.83 | $18K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LEG executive Jennifer Joy Davis report on this Form 4?
What is the vesting schedule for the restricted stock units reported by LEG’s EVP?
What do the restricted stock units reported by LEG’s EVP represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.