LEGGETT & PLATT INC·4

Mar 2, 4:42 PM ET

GLASSMAN KARL G 4

Research Summary

AI-generated summary

Updated

Leggett & Platt (LEG) CEO Karl Glassman Receives Award of 20,659 Shares

What Happened

  • Karl G. Glassman, President & CEO and a director of Leggett & Platt, was granted/received 20,659.27 shares on February 27, 2026. The reported acquisition price per share is $9.93, for a total reported value of $205,105. This transaction is coded as an award/grant (Form 4 code "A") — an acquisition via compensation, not an open-market purchase.

Key Details

  • Transaction date: 2026-02-27; Filing/accession: 2026-03-02 (Accession 0000058492-26-000153)
  • Shares involved: 20,659.27 acquired at $9.93 per share; total value ≈ $205,105
  • Transaction type/code: A = award/grant (acquisition as compensation)
  • Shares owned after transaction: Not disclosed in the provided data
  • Footnotes/plan details: None provided in the excerpt (vesting schedule, 10b5-1 status, or tax withholding not specified)
  • Timeliness: No late-filing indicator provided in the supplied information

Context

  • Awards/grants are typically part of executive compensation (e.g., restricted stock, RSUs, or performance shares) and may vest over time; the Form 4 here does not specify vesting or whether shares are subject to restrictions. Such awards reflect compensation, not an open-market buy that necessarily signals direct personal investment intent.