HAGALE JAMES TYSON 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) EVP James Hagale Receives 343-Share Award
What Happened James Tyson Hagale, EVP and President — Bedding Products at Leggett & Platt (LEG), received equity awards on January 23, 2026. The filing reports two award acquisitions: 105.514 shares at $10.33 each (value $1,090) and 237.417 shares at $9.72 each (value $2,308), totaling 342.931 shares valued at approximately $3,398. The transactions are coded "A" (grant/award), i.e., compensation-related equity awards rather than open-market purchases.
Key Details
- Transaction date(s): 2026-01-23; Form 4 filed 2026-01-26 (appears timely — filed the next business day).
- Award breakdown: 105.514 shares @ $10.33 = $1,090; 237.417 shares @ $9.72 = $2,308. Combined ≈ 342.931 shares, ≈ $3,398.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes/flags: The provided excerpt lists these as awards (code A). No 10b5-1 plan, tax withholding, or other special notations were included in the excerpt.
Context
- Awarded shares (code A) are typically compensation (restricted stock, RSUs, or performance grants) and may vest over time; they are different from open-market purchases and do not necessarily signal immediate bullish buying.
- The reported dollar value is modest (~$3.4k), consistent with routine executive compensation grants rather than a large insider purchase.