LEGGETT & PLATT INC·4

Mar 3, 3:31 PM ET

TRENT TAMMY M 4

Research Summary

AI-generated summary

Updated

Leggett & Platt (LEG) SVP Tammy Trent Withholds 1,035 Shares for Taxes

What Happened

  • Tammy M. Trent, SVP and Chief Accounting Officer of Leggett & Platt (LEG), disposed of 1,035 shares on 2026-03-02 as a payment of exercise price or tax liability (transaction code F). The shares were valued at $11.50 each, for a total of about $11,903.
  • This was a withholding/settlement to satisfy tax or option-exercise obligations — not an open-market sale — so it’s a routine administrative disposition rather than a directional trade.

Key Details

  • Transaction date: 2026-03-02; Price per share: $11.50; Total value: ~$11,903.
  • Shares disposed: 1,035 (via withholding to cover tax/exercise obligations; code F).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes/notes: Code F indicates payment of exercise price or tax liability (typically shares surrendered to the issuer to cover taxes or exercise cost).
  • Filing timeliness: Reported on 2026-03-03 (filed the next day), so the filing appears timely.

Context

  • For retail investors: tax-withholding or exercise-settlement transactions are common when options vest or restricted shares settle; they don’t necessarily signal insider confidence or a change in view of the company.
  • Purchases tend to be more informative than routine withholdings; this transaction appears administrative rather than a market sale.