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Vanguard Portfolio Management (LEG) discloses 8.54M-share Leggett & Platt stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Vanguard Portfolio Management, including specified affiliates, reports beneficial ownership of 8,536,624 shares of Leggett & Platt common stock, representing 6.25% of the class. Vanguard has sole voting power over 56,781 shares and sole dispositive power over 8,536,624 shares, with no shared voting or dispositive power.

The holdings include securities held by Vanguard funds and certain client accounts over which Vanguard Portfolio Management or its affiliates exercise dispositive and/or voting power. Vanguard entities have the right to receive or direct dividends and sale proceeds from these securities, and no other single person’s interest in the reported securities exceeds 5% of the class.

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Beneficial ownership 8,536,624 shares Common stock of Leggett & Platt beneficially owned by Vanguard Portfolio Management and affiliates
Percent of class 6.25% Portion of Leggett & Platt common stock class reported as beneficially owned
Sole voting power 56,781 shares Shares of Leggett & Platt over which Vanguard Portfolio Management has sole voting power
Sole dispositive power 8,536,624 shares Shares of Leggett & Platt over which Vanguard Portfolio Management has sole power to dispose
Form type Schedule 13G/A Amendment No. 1 reporting beneficial ownership in Leggett & Platt
Signature date 07/31/2026 Date signed by Authorized Signatory, Head of Global Fund Administration
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 8536624"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Percent of class: 6.25 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13G/A regulatory
"Ownership of more than 5 Percent on Behalf of Another Person."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Investment Company Act of 1940 regulatory
"investment companies registered under the Investment Company Act of 1940 and other managed accounts"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many Leggett & Platt (LEG) shares does Vanguard Portfolio Management report owning?

Vanguard Portfolio Management reports beneficial ownership of 8,536,624 shares of Leggett & Platt common stock. This position includes shares held by Vanguard funds and certain managed accounts for which Vanguard or affiliates exercise dispositive and/or voting power.

What percentage of Leggett & Platt (LEG) does Vanguard Portfolio Management beneficially own?

Vanguard Portfolio Management reports beneficial ownership of 6.25% of the class of Leggett & Platt common stock. This percentage reflects aggregated holdings across Vanguard Portfolio Management and specified affiliated entities and accounts.

How much voting power does Vanguard Portfolio Management have in Leggett & Platt (LEG)?

Vanguard Portfolio Management has sole voting power over 56,781 shares of Leggett & Platt stock and no shared voting power. It has sole dispositive power over 8,536,624 shares, giving it authority to decide on their sale or transfer.

Which Vanguard entities are included in this Leggett & Platt (LEG) Schedule 13G/A filing?

The filing states that securities are beneficially owned by Vanguard Portfolio Management LLC and affiliates including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, as well as certain Vanguard funds and client accounts they manage.

Does any other person hold more than 5% indirect interest in Vanguard’s Leggett & Platt (LEG) position?

No. The filing states that although Vanguard entities and accounts may receive dividends or sale proceeds, no one other person’s interest in the reported Leggett & Platt securities is more than 5% of the class.





524660107

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:My Trieu-Gatt
Name/Title:Authorized Signatory, Head of Global Fund Administration
Date:07/31/2026