KLEIBOEKER RYAN MICHAEL 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) EVP Ryan Kleiboeker Receives 71 Shares
What Happened
- Ryan M. Kleiboeker, EVP and Chief Strategic Planning Officer of Leggett & Platt (LEG), was granted/received 71.066 shares on January 23, 2026. The reported acquisition price is $10.33 per share, for a total reported value of about $734.
- This transaction is an award/grant (code A on Form 4), not an open-market purchase or sale. Awards are typically compensation-related (e.g., RSUs or restricted stock) and are not the same signal as an executive buying shares on the open market.
Key Details
- Transaction date: 2026-01-23; Form 4 filed: 2026-01-26.
- Shares acquired: 71.066 at $10.33 each; total value ≈ $734.
- Shares owned after transaction: not specified in the information provided.
- Footnotes/plan details: none provided in the excerpt; no 10b5-1 plan or tax-withholding notes cited here.
- Timeliness: Form 4 was filed three days after the transaction date in this record; the filing shows the transaction was reported.
Context
- Awards (code A) commonly reflect company compensation (vesting of RSUs or grants) and do not necessarily indicate the insider is increasing or decreasing conviction via market purchases or sales.
- The small dollar value suggests this may represent a partial vesting, net shares after tax withholding, or a modest grant; the filing excerpt does not explain the reason.