LEGGETT & PLATT INC·4

Feb 27, 3:57 PM ET

ODAFFER LINDSEY NICOLE 4

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

Research Summary

AI-generated summary of this filing

Updated

Leggett & Platt (LEG) EVP Lindsey Odaffer Receives RSU Award

What Happened

  • Lindsey Nicole Odaffer, EVP and Chief HR Officer of Leggett & Platt (LEG), was granted 19,152 restricted stock units (RSUs) on 2026-02-26 (reported 2026-02-27). The RSUs were recorded at $0 acquisition price. To satisfy tax withholding obligations, 396 shares were disposed/withheld at $11.83 per share for a cash equivalent of $4,685. The award (code A) is a compensation grant; the withholding (code F) is routine for tax payment.

Key Details

  • Transaction dates: 2026-02-26 (grant and tax withholding); filing date: 2026-02-27 (timely).
  • Grant: 19,152 RSUs @ $0.00 (award, code A).
  • Tax withholding: 396 shares @ $11.83 → $4,685 withheld/treated as disposed (code F).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: These RSUs settle 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 (see footnote F1).
  • Filing timeliness: Reported the next day; not marked late.

Context

  • RSU grants are a form of compensation and do not represent an open-market purchase; they are common for executives and are not, by themselves, a direct bullish signal.
  • The 396-share disposition is a tax withholding event (not a sale for cash profit); some portion of granted shares is often withheld to cover tax liabilities upon grant or vesting.

Insider Transaction Report

Form 4
Period: 2026-02-26
ODAFFER LINDSEY NICOLE
EVP - Chief HR Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-26+19,15283,343.686 total
  • Tax Payment

    Common Stock

    2026-02-26$11.83/sh396$4,68582,947.686 total
Holdings
  • Common Stock

    (indirect: By Trust)
    25.029
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_1772225851.xmlPrimary

    FORM 4