GLASSMAN KARL G 4

What Happened

• Karl G. Glassman, President & CEO and a director of Leggett & Platt (LEG), disposed of 10,687 shares on 2026-01-20 as payment for tax withholding related to an option exercise. The shares were disposed at $12.13 each for a total of about $129,634.
• The disposal is reported under transaction code F (payment of exercise price or tax liability) and reflects shares withheld/sold to satisfy tax obligations rather than an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-01-20; reported on Form 4 filed 2026-01-21 (appears timely).
• Price: $12.13 per share.
• Shares disposed (by tranche reported): 1,198 ($14,532); 919 ($11,147); 861 ($10,444); 945 ($11,463); 758 ($9,195); 6,006 ($72,853) — total 10,687 shares, ~$129,634.
• Transaction code: F = payment of exercise price or tax liability (tax withholding on option exercise).
• Shares owned after the transaction: not provided in the supplied filing details.

Context

• These transactions indicate tax-withholding following an options exercise (a routine, administrative disposition) rather than a directional investment bet; code F commonly reflects shares withheld or sold to satisfy tax obligations.
• For retail investors, such withholding sales are routine and do not necessarily signal the insider’s view on the company’s prospects.