Padmanabhan Srikanth 4

What Happened Padmanabhan Srikanth, a director of Leggett & Platt, was granted/received 13,674 shares under an award (transaction code A) on February 26, 2026. The Form 4 reports an acquisition price of $0.00 for these shares (reported value $0), consistent with a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-02-27 (filed timely).
• Transaction type/code: Grant / Award (A).
• Shares acquired: 13,674; reported price per share: $0.00; reported total value: $0.
• Shares owned after transaction: not specified in the provided filing.
• No footnotes, 10b5-1 plan, tax-withholding or sale information listed on the reported transaction.

Context An "A" code award typically reflects director or employee compensation (e.g., restricted stock or similar grant) and does not necessarily indicate a market-driven purchase by the insider. Such awards are common as part of board compensation and are different from open-market buys or sales that more directly signal insider sentiment.