GLASSMAN KARL G 4
Research Summary
AI-generated summary
Leggett & Platt CEO Karl Glassman Receives Award
What Happened
Karl G. Glassman, President, CEO and a director of Leggett & Platt (LEG), received an award of 231.206 shares on January 23, 2026. The reported acquisition price was $10.33 per share, for a total value of approximately $2,388. This transaction is reported as an award/grant (code A) — an acquisition of shares as compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; reported filing date: 2026-01-26 (filed timely).
- Transaction type and code: Award/Grant (A).
- Shares acquired: 231.206; price per share reported: $10.33; total value ≈ $2,388.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes/conditions: None disclosed in the provided data (no 10b5-1, tax withholding, or cashless sale noted).
Context
- An "A" code award usually reflects compensation (restricted stock, RSUs, or similar grants) and is not an open-market purchase; such grants are common for executive pay and do not by themselves indicate a trading view.
- For retail investors, awards increase insider holdings but should be weighed alongside other insider transactions and company fundamentals.