LEG (NYSE: LEG) CFO reports 291-share tax-withholding disposition
Rhea-AI Filing Summary
LEGGETT & PLATT INC Executive Vice President and CFO Benjamin Michael Burns reported a routine tax-related share disposition. On 2026-03-10, 291 shares of common stock were withheld at $10.51 per share to satisfy tax obligations, rather than sold in the open market. After this transaction, he directly holds 190,402.3489 common shares and also reports indirect holdings, including 31.4420 shares held in a trust under the issuer's retirement plan and 1,272.9388 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 291 shares
Net Sell
4 txns
Insider
BURNS BENJAMIN MICHAEL
Role
Executive Vice President - CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 291 | $10.51 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 190,402.3489 shares (Direct);
Common Stock — 31.442 shares (Indirect, Held In Trust Under Issuer's Retirement Plan);
Common Stock — 1,272.9388 shares (Indirect, By Spouse);
Common Stock — 24.484 shares (Indirect, Held In Trust Under Issuer's Retirement Plan By Spouse)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LEG (LEG) disclose for CFO Benjamin Michael Burns?
LEG disclosed that CFO Benjamin Michael Burns had 291 shares of common stock withheld to cover tax obligations. The shares were valued at $10.51 each, reflecting a tax-withholding disposition rather than an open-market sale.
What does transaction code "F" mean in the LEG (LEG) CFO’s Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. For LEG’s CFO, it reflects 291 shares of common stock withheld to satisfy tax obligations, not a discretionary market trade.
Does the LEG (LEG) Form 4 show any insider purchases or open-market sales?
The Form 4 shows no open-market purchases or sales. It reports one tax-withholding disposition of 291 shares and several updated holding entries, which outline direct and indirect ownership positions rather than new market trades.