BURNS BENJAMIN MICHAEL 4

What Happened

• Benjamin Michael Burns, Executive Vice President and Chief Financial Officer of Leggett & Platt Inc. (LEG), received a grant of 42,253 restricted stock units (RSUs) on 2026-02-26. The RSUs were recorded at $0.00 per share on the Form 4 (award grants are typically recorded with no exercise price).
• On the same date, 1,931 shares were surrendered/withheld to satisfy tax withholding obligations at $11.83 per share, generating proceeds of $22,844 (reported as a disposal for tax purposes). This is a grant/award transaction rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-26 (Form filed 2026-02-27).
• Grant: 42,253 RSUs (recorded at $0.00 on Form 4).
• Tax withholding: 1,931 shares disposed at $11.83 each = $22,844.
• Shares owned after the transaction: not specified in this filing.
• Footnote: RSUs are settled solely in common stock on a one-to-one basis and generally vest in one-third increments on the first, second and third anniversaries of the grant date.
• Timeliness: No late filing is indicated (filed the next day).

Context

• RSUs are equity awards that convert to shares when they vest; they are not an immediate cash purchase and do not necessarily signal a buy/sell intent. The withholding of shares to cover taxes is a routine administrative step and common in equity compensation settlements.