HAGALE JAMES TYSON 4
Research Summary
AI-generated summary
Leggett & Platt EVP James Hagale Surrenders 1,448 Shares
What Happened
- James T. Hagale, EVP and President — Bedding Products at Leggett & Platt (LEG), had 1,448 shares disposed on 2026-01-20 as a payment for tax liability/option exercise obligations. The shares were valued at $12.13 each, for a total value of $17,564. This was a withholding/settlement to satisfy tax or exercise-price obligations rather than an open-market sale.
Key Details
- Transaction date: 2026-01-20; Price per share: $12.13; Total value: $17,564.
- Transaction code: F — payment of exercise price or tax liability (shares withheld).
- Shares owned after the transaction: not specified in the provided filing.
- Filing date: 2026-01-21; filing appears timely (Form 4s are typically due within two business days).
- No 10b5-1 or other plan was noted in the provided details.
Context
- This type of transaction is routine: companies often withhold or surrender shares to cover taxes or exercise costs when options vest or are exercised. It does not represent a market sale driven by a decision to liquidate holdings and does not, by itself, imply a change in insider sentiment.