SMITH ROBERT S JR 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) EVP Robert S. Smith Jr. Receives Award
What Happened
- Robert S. Smith Jr., EVP, Pres. - Spec. and FF&T at Leggett & Platt, received equity awards (transaction code A) on 2026-01-23 totaling 257.74 shares. The awards were issued in two tranches: 91.549 shares at $10.33 (reported value $945) and 166.191 shares at $9.72 (reported value $1,615), for a combined reported value of $2,560. This is an acquisition via grant/award (compensation), not a sale.
Key Details
- Transaction date: 2026-01-23 (reported on Form 4 filed 2026-01-26)
- Tranche 1: 91.549 shares @ $10.33 — $945 (reported)
- Tranche 2: 166.191 shares @ $9.72 — $1,615 (reported)
- Total: 257.740 shares; total reported value ≈ $2,560
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnotes/plan details: none provided in the supplied data (no 10b5-1 or tax-withholding notes shown)
- Timeliness: Form 4 filed Jan 26, 2026 — within the normal reporting window (timely)
Context
- These transactions are equity awards (likely compensation or long-term incentive grants). Awards signal company compensation activity rather than an open-market purchase or sale and do not by themselves indicate the insider’s view of the stock. Check future Form 4s for any subsequent sales or vesting-related activity.