LEGGETT & PLATT INC·4

Feb 23, 4:28 PM ET

ODAFFER LINDSEY NICOLE 4

Research Summary

AI-generated summary

Updated

Leggett & Platt (LEG) EVP Lindsey Odaffer Receives Award

What Happened

  • Lindsey Odaffer, EVP and Chief HR Officer of Leggett & Platt, received 66.743 shares as an award (transaction code A) on February 20, 2026. The filing reports an acquisition price of $10.13 per share, for a total reported value of approximately $676.
  • This was an award/grant (compensation), not a market purchase or sale; such grants are part of executive pay and are not a direct buy or sell signal.

Key Details

  • Transaction date: 2026-02-20; Report filed: 2026-02-23 (filed within the standard two-business-day Form 4 window).
  • Shares awarded: 66.743 at $10.13 per share; total value ≈ $676.
  • Transaction type/code: A (award/grant).
  • Shares owned after transaction: not specified in the summary provided (not reported here).
  • No tax-withholding, 10b5-1, or other footnotes were noted in the information provided.

Context

  • Awards like this typically reflect compensation (time‑based or performance grants) rather than an insider buying stock on the open market; they do not necessarily indicate the executive’s personal trading intent.
  • The reported value is small relative to typical executive awards, suggesting either a partial award/settlement or a small grant; the Form 4 does not detail vesting or restrictions.