SMITH ROBERT S JR 4

What Happened Robert S. Smith Jr., Executive Vice President and President — Specialties and FF&T at Leggett & Platt (LEG), acquired stock awards on February 27, 2026. The filing shows two award tranches: 7,458.254 shares at $9.93 each (value $74,046) and 1,711.824 shares at $9.34 each (value $15,995), totaling 9,170.078 shares worth approximately $90,041. These transactions are coded as "A" (award/grant), i.e., company-provided equity compensation rather than open-market purchases or sales.

Key Details

• Transaction dates and prices: 2026-02-27 — 7,458.254 shares @ $9.93 ($74,046) and 1,711.824 shares @ $9.34 ($15,995).
• Total shares received: 9,170.078 (reported as two award tranches). Total reported value ≈ $90,041.
• Shares owned after the transaction: Not specified in the provided filing details.
• Notable footnotes: Transaction code A (award/grant); no 10b5-1 plan or tax-withholding details disclosed in the summary provided.
• Filing timeliness: Filed 2026-03-02 for a 2026-02-27 transaction — appears timely (within the Form 4 two-business-day requirement).

Context This was an equity award as part of executive compensation, not a sale or open-market purchase. Awards like this are routine for executives and reflect compensation, not necessarily an immediate signal about the executive’s view of the company’s stock price.