Welcome to our dedicated page for Leggett & Platt SEC filings (Ticker: LEG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Leggett & Platt, Inc. (NYSE: LEG) SEC filings page provides access to the company’s official regulatory documents, including current reports on Form 8-K, annual and quarterly reports, and other materials filed with the U.S. Securities and Exchange Commission. These filings offer detailed information about Leggett & Platt’s manufacturing operations, financial performance, capital structure, and significant corporate events.
Recent Form 8-K filings describe key developments such as quarterly financial results, the use of non-GAAP measures like Adjusted EPS, Adjusted EBIT, Adjusted EBITDA, and change in Organic Sales, and the rationale management provides for presenting these metrics alongside GAAP results. Other 8-Ks explain amendments to the company’s revolving credit agreement, including changes to lender commitments, maturity dates, leverage ratio covenants, and the relationship between the credit facility and the company’s commercial paper program.
Filings also document strategic portfolio actions. For example, Leggett & Platt has reported the completion of the sale of its Aerospace Products Group, including a description of the business sold, the purchase price, the buyer entities associated with investment partnerships advised by Tinicum Incorporated, and the filing of unaudited pro forma consolidated condensed financial statements reflecting the transaction. Additional filings discuss retention agreements for certain named executive officers, outlining retention payments, clawback provisions, and the impact of a change in control.
Through this page, users can review Leggett & Platt’s SEC disclosures related to its bedding, furniture, flooring, textile, automotive, hydraulic, and formerly aerospace-related activities, as well as its financing arrangements and governance decisions. AI-powered tools on the platform can help summarize lengthy filings, highlight key terms such as segment performance metrics, leverage ratios, and transaction details, and make the company’s regulatory history easier to understand.
Leggett & Platt Executive Vice President and CFO Benjamin Michael Burns received an equity award of 42,253 restricted stock units, which, according to the footnote, generally vest in one-third increments on the first, second and third anniversaries of the grant date and are settled in common stock on a one-to-one basis. To cover taxes, 1,931 shares of common stock were disposed of at $11.83 per share through share withholding, rather than an open-market sale. After these transactions, he directly holds about 187,744.7633 common shares, with additional small indirect holdings through the company retirement plan and his spouse.
Leggett & Platt filed its annual report for the year ended December 31, 2025, detailing a diversified manufacturing business across bedding, specialized automotive systems, and furniture, flooring and textile products. Bedding products generated 38% of 2025 trade sales, with automotive and flooring/textile each around one-fifth.
The company completed a major portfolio move by divesting its Aerospace Products Group in August 2025 for a net cash price of $280 million, recognizing a pretax gain of $91 million, and using proceeds primarily to reduce debt. A broader 2024 restructuring plan is substantially complete, having consolidated 21 facilities and delivered an annualized EBIT benefit of $63 million in 2025, with a further $5 million expected in 2026, and targeted $70–$80 million pretax real estate cash proceeds, of which $48 million is already realized.
The Board rejected an unsolicited all-stock acquisition proposal from Somnigroup International as undervaluing the company, but entered a non-disclosure agreement and six‑month standstill to allow due diligence and explore alternatives, with no assurance of any transaction. Management highlights extensive risks, including supply chain disruptions, climate and geopolitical pressures, semiconductor shortages, tariff and trade actions, credit rating–linked financing costs, potential future goodwill and asset impairments, cybersecurity and AI-related exposures, and evolving privacy and climate regulation.
Leggett & Platt detailed 2026 compensation decisions for its top executives. Base salaries rise modestly, with CEO Karl Glassman’s annual salary increasing from $1,275,000 to $1,315,000 and other named officers receiving smaller raises.
The 2026 Key Officers Incentive Plan keeps EBITDA as the main performance metric (65% weight) and uses Cash Flow or Free Cash Flow (35% weight), with no bonuses paid if EBITDA is below $300 million or Cash Flow below $185.04 million. Maximum payouts for these measures are capped at 200%.
Long-term incentives remain heavily performance-based, with award multiples largely unchanged and 2026 equity split 60% performance stock units and 40% restricted stock units. PSU payouts depend on three-year EBITDA and Return on Invested Capital, adjusted by relative total shareholder return, with total payouts capped at 200%.
LEGGETT & PLATT INC executive receives stock awards. EVP Robert S. Smith Jr. acquired two grants of common stock on 2026-02-20: 93.3152 shares at $10.1320 per share and 169.3981 shares at $9.5360 per share. After these awards, his direct holdings totaled 108,118.3062 common shares.
LEGGETT & PLATT INC executive Lindsey Nicole Odaffer, EVP and Chief HR Officer, reported an automatic stock award. She acquired 66.743 shares of common stock at $10.132 per share on 2026-02-20, bringing her directly held stake to 64,191.6864 shares. She also reports 25.029 shares held indirectly in a company retirement plan trust.
KLEIBOEKER RYAN MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Leggett & Platt executive Ryan Michael Kleiboeker received a stock award of 72.4368 shares of common stock at $10.132 per share. Following this grant, he holds 88,607.8241 shares directly. The filing also shows indirect holdings of 1,000 shares in a spouse’s IRA and 870.906 shares in a company retirement plan trust.
LEGGETT & PLATT INC executive James Tyson Hagale, EVP and President of Bedding Products, reported two stock awards of common stock. On February 20, 2026, he acquired 107.5503 shares at $10.1320 per share and 241.9977 shares at $9.5360 per share as grants or awards.
Following these non-derivative grant acquisitions, his directly owned common stock holdings increased to a reported total of 147,793.8999 shares, reflecting routine equity-based compensation rather than open-market buying or selling.
GLASSMAN KARL G reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC President and CEO Karl G. Glassman reported receiving a grant of 235.6672 shares of common stock on 2026-02-20 at a valuation of $10.132 per share. After this award, his direct holdings total 921,078.6943 shares, with additional indirect holdings through the Glassman Living Trust and the issuer's retirement plan.
DAVIS JENNIFER JOY reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC executive Jennifer Joy Davis, EVP and General Counsel, received a grant of 86.6719 shares of common stock on February 20, 2026. The award was recorded at a price of $10.1320 per share, bringing her directly held stake to 86,769.7566 shares.
LEGGETT & PLATT INC Executive Vice President and CFO Benjamin Michael Burns reported an automatic acquisition of 107.5503 shares of common stock on February 20, 2026 as a grant or award at a price of $10.1320 per share. Following this grant, his directly held common stock position increased to 147,422.7633 shares. The filing also reflects indirect holdings through the issuer's retirement plan and his spouse, including shares held in trust and in a retirement plan by his spouse.