BURNS BENJAMIN MICHAEL 4

What Happened
Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt (LEG), had 1,362 shares disposed on Jan 20, 2026 as payment for tax liability/withholding. The shares were recorded at $12.13 each, for a total value of $16,521. This disposition is a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-20; filing date: 2026-01-21 (timely filing).
• Price per share: $12.13; total value: $16,521.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No indication this was an open-market sale or a signal of trading intent; it reflects routine tax withholding.

Context
Code F transactions typically arise when an option exercise or restricted stock vesting triggers tax withholding and the company retains (or cancels) shares to cover the tax bill. For retail investors, these are routine administrative actions and do not necessarily indicate the insider is reducing economic exposure by selling on the market.