SMITH ROBERT S JR 4
4 · LEGGETT & PLATT INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt (LEG) EVP Robert S. Smith Jr Receives Stock Award
What Happened
Robert S. Smith Jr, EVP and President — Specialties and FF&T at Leggett & Platt (LEG), received two equity awards on March 6, 2026 (Form 4 code A). The grants were 104.64 shares at $9.04 (≈ $945) and 189.955 shares at $8.50 (≈ $1,615), totaling ~294.60 shares and roughly $2,560 in value. These were awards/grants (compensation), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09).
- Award lines: 104.64 shares @ $9.04 (reported ≈ $945); 189.955 shares @ $8.50 (reported ≈ $1,615). Total ≈ 294.595 shares (~$2,560).
- Transaction code: A = Award/Grant.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes/plan details: none referenced in the information provided (no 10b5‑1, tax withholding, or special instructions noted).
- Filing timeliness: filed 3/9/2026; this filing date is within the normal Form 4 reporting window for a 3/6/2026 transaction.
Context
Awards (code A) are typically compensation-related grants (e.g., restricted shares or performance awards). They represent company compensation to the insider rather than an outright purchase (which some investors view as a more direct bullish signal). The filing shows receipt of shares but does not indicate immediate sale or a 10% ownership change.
Insider Transaction Report
- Award
Common Stock
2026-03-06$9.04/sh+104.64$945→ 146,999.024 total - Award
Common Stock
2026-03-06$8.50/sh+189.955$1,615→ 147,188.979 total