LEGGETT & PLATT INC·4

Mar 11, 4:02 PM ET

DAVIS JENNIFER JOY 4

Research Summary

AI-generated summary

Updated

Leggett & Platt EVP Jennifer Davis Withholds 255 Shares for Taxes

What Happened

  • Jennifer Joy Davis, EVP and General Counsel of Leggett & Platt, had 255 shares withheld to satisfy a tax obligation on March 10, 2026. The shares were recorded at $10.51 each, totaling approximately $2,680. This was a tax-withholding disposition (routine), not an open-market sale or a cash investment.

Key Details

  • Transaction date and price: Mar 10, 2026 — 255 shares at $10.51 per share.
  • Total value of shares withheld: ~ $2,680.
  • Transaction code: F — payment of exercise price or tax liability (shares disposed/withheld to cover taxes).
  • Shares owned after the transaction: not listed in the supplied filing details.
  • Filing: Form 4 filed on Mar 11, 2026 (appears timely; Form 4 is generally due within two business days).
  • No 10b5-1 plan or other special footnotes were reported in the provided transaction data.

Context

  • Tax-withholding (code F) is commonly used when equity awards vest or when options are exercised; companies sometimes withhold or “sell to cover” shares to meet the tax bill. These transactions are routine administrative actions and do not necessarily signal insider buying or selling intent in the open market.