LEGGETT & PLATT INC·4

Feb 27, 4:06 PM ET

TRENT TAMMY M 4

Research Summary

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Leggett & Platt SVP Tammy Trent Receives Award, Sells Shares

What Happened Tammy M. Trent, Senior Vice President and Chief Accounting Officer of Leggett & Platt (LEG), was granted 9,928 restricted stock units (RSUs) on 2026-02-26 (awarded at $0.00 per share). To cover tax withholding on the award, 577 shares were transferred/retired at $11.83 per share, representing $6,826 withheld for taxes. The grant itself is an award of equity rather than an open-market purchase.

Key Details

  • Transaction date: 2026-02-26 (Form filed 2026-02-27; filing appears timely).
  • Grant: 9,928 RSUs granted, acquisition price recorded as $0.00 (award value not shown on Form 4).
  • Tax withholding: 577 shares disposed at $11.83 each, total $6,826 (transaction code F).
  • Footnote: RSUs settle solely in common stock on a one-for-one basis and generally vest in three equal installments on the first, second and third anniversaries of the grant date (per filing).
  • Shares owned after the transaction: not specified in the Form 4 filing.

Context

  • This is an equity award (RSUs) with a routine tax-withholding disposition; such withholdings are common and do not necessarily indicate a view on the company’s stock.
  • The RSUs vest over three years (one-third each year), so the economic interest vests gradually rather than immediately.
  • Code F on the Form 4 denotes payment of exercise price or tax liability — here used for withholding shares to cover taxes.