BURNS BENJAMIN MICHAEL 4

What Happened
Benjamin Michael Burns, Executive Vice President and Chief Financial Officer of Leggett & Platt (LEG), had 291 shares disposed on 2026-03-10 to satisfy a tax obligation related to an award or option exercise. The shares were valued at $10.51 each, totaling about $3,058. This was a tax-withholding (sell-to-cover) transaction, not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-03-10; filing date (Form 4): 2026-03-11 (appears timely).
• Disposed: 291 shares at $10.51 per share; total reported value ≈ $3,058.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not provided in the supplied filing excerpt.
• Accession: 0000058492-26-000197.

Context
Shares withheld to cover taxes are common when restricted stock vests or options are exercised; they are a routine administrative step and do not necessarily indicate the insider is bullish or bearish. This was a withholding/cashless sell-to-cover rather than an active sale on the open market.