LEGGETT & PLATT INC·4

Feb 27, 3:45 PM ET

DAVIS JENNIFER JOY 4

4 · LEGGETT & PLATT INC · Filed Feb 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Leggett & Platt (LEG) EVP Jennifer Joy Davis Receives RSU Award

What Happened
Jennifer Joy Davis, EVP and General Counsel of Leggett & Platt (LEG), received a grant of 30,809 restricted stock units (RSUs) on 2026-02-26 (awarded at $0.00). On the same date, 1,533 shares were surrendered/withheld at an implied value of $11.83 per share to satisfy tax withholding obligations (total value withheld ≈ $18,135). The grant is a compensation award rather than a market purchase.

Key Details

  • Transaction date: 2026-02-26 (report filed 2026-02-27).
  • Grant: 30,809 RSUs, acquisition code A, price $0.00.
  • Tax withholding: 1,533 shares disposed, code F, at $11.83/share (≈ $18,135).
  • Shares owned after transaction: not specified in this filing.
  • Footnote: RSUs settle 1-for-1 in common stock and generally vest in one-third increments on the first, second and third anniversaries of the grant date (per F1).
  • Filing timeliness: filed the day after the transaction (no late filing indicated).

Context
RSUs are a form of compensation that convert into company shares when they vest; this award increases potential future holdings but is not a market purchase. The withholding of 1,533 shares is routine tax-related share surrender and reduces the net number of shares the executive will receive once the RSUs vest.

Insider Transaction Report

Form 4
Period: 2026-02-26
DAVIS JENNIFER JOY
EVP - GENERAL COUNSEL
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-26+30,809117,578.757 total
  • Tax Payment

    Common Stock

    2026-02-26$11.83/sh1,533$18,135116,045.757 total
Footnotes (1)
  • [F1]Represents restricted stock units (settled solely in common stock on a one-to-one basis), which generally vest in one-third increments on the first, second and third anniversaries of the grant date.
Signature
/s/ Stanley Scott Luton, attorney-in-fact|2026-02-27

Documents

1 file
  • 4
    wk-form4_1772225098.xmlPrimary

    FORM 4