SMITH ROBERT S JR 4

What Happened
Robert S. Smith Jr., Executive Vice President and President – Special Products & FF&T at Leggett & Platt (LEG), recorded a disposition of 6,284 shares on March 2, 2026. The shares were disposed at $11.50 each for a total value of $72,266. The Form 4 indicates the shares were surrendered to satisfy a tax liability (transaction code F), a common outcome when shares vest or options are exercised.

Key Details

• Transaction date: 2026-03-02; Filing date: 2026-03-03 (timely filing).
• Amount and price: 6,284 shares at $11.50 per share; total value $72,266.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after transaction: Not specified in the Form 4 filing.
• No 10b5-1 plan or other special notes were indicated in the filing.

Context
Code F dispositions are typically routine tax-withholding actions tied to vesting of restricted stock or option exercises; they don’t necessarily indicate the insider is selling shares to realize gains or change market exposure. For retail investors, outright purchases or open-market sales tend to carry clearer signals than tax-related withholdings.