SMITH ROBERT S JR 4

What Happened Robert S. Smith Jr., an Executive Vice President and President — Special Products and FF&T at Leggett & Platt (LEG), received equity awards on February 20, 2026. The Form 4 shows two award entries totaling 262.713 shares: 93.315 shares at $10.13 (≈ $945) and 169.398 shares at $9.54 (≈ $1,615), for a combined value of about $2,560. These are award/acquisition transactions (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (appears timely).
• Award entries: 93.315 shares @ $10.13 (≈ $945) and 169.398 shares @ $9.54 (≈ $1,615); total 262.713 shares ≈ $2,560.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes/plan info: None provided in the data supplied (no mention of 10b5-1, tax withholding, or cashless sale in the excerpt).

Context These entries are equity awards (compensation-style acquisitions), which are common for executives and do not necessarily signal a personal cash purchase or sale. For retail investors, awards show company compensation practices but are generally less informative about an insider’s market view than open-market purchases or sales.