KLEIBOEKER RYAN MICHAEL 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) EVP Ryan Kleiboeker Receives Award
What Happened
Ryan Kleiboeker, EVP and Chief Strategic Planning Officer of Leggett & Platt (LEG), was granted 81.227 shares on March 6, 2026. The reported price per share for the award was $9.04, giving the grant a reported value of approximately $734. This transaction is reported as an acquisition/award (Form 4 transaction code A), i.e., shares granted to the insider rather than a sale.
Key Details
- Transaction date: 2026-03-06; filing date: 2026-03-09 (filed timely).
- Award: 81.227 shares acquired at $9.04 per share; total reported value ≈ $734.
- Transaction type/code: Grant/Award (A).
- Shares owned after the transaction: not disclosed in the provided excerpt.
- No 10b5-1 plan, tax-withholding, or other footnotes were reported in the supplied data.
Context
Grants/awards like this typically reflect compensation plan awards (restricted stock or similar) and are different from open-market purchases or sales. Such awards are common for executives and do not, by themselves, indicate a change in the insider’s view of the stock — they are part of compensation.