KLEIBOEKER RYAN MICHAEL 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) EVP Ryan Kleiboeker Receives 4,370-Share Award
What Happened
- Ryan Michael Kleiboeker, EVP & Chief Strategic Planning Officer of Leggett & Platt (LEG), was granted/acquired 4,370.388 shares on Feb 27, 2026. The filing shows an acquisition price of $9.93 per share for a total reported value of ~$43,389. This transaction is coded as an award/grant (A), i.e., an acquisition through compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-27; Price per share: $9.93; Shares acquired: 4,370.388; Total value: ~$43,389.
- Form 4 filed: 2026-03-02 (filed within the normal reporting window).
- Transaction type/code: A (award/grant/acquisition).
- Shares owned after transaction: not specified in the provided filing.
- No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the information provided.
Context
- An "A" code award typically reflects equity granted as part of compensation (e.g., restricted stock or RSUs) and is different from an open-market purchase or sale. Such awards are routine compensation events and do not necessarily signal the insider’s short-term trading view. For retail investors, awards are informative about executive compensation but are less directly indicative of a personal buy/sell decision than an open-market purchase.