GLASSMAN KARL G 4

What Happened

• Karl G. Glassman, President & CEO and director of Leggett & Platt (LEG), had 2,262 shares disposed/withheld on March 10, 2026 at $10.51 per share to satisfy tax withholding related to an option exercise. The shares' disposal value was $23,774. This is a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-11 (timely)
• Disposed/withheld: 2,262 shares at $10.51 per share — total ~$23,774
• Transaction code: F (payment of exercise price or tax liability via share withholding)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing timeliness: filed the next day (appears timely; not marked late)

Context

• This was a routine tax-withholding disposition typically associated with exercising stock options (a cashless or net-share settlement). Such withholdings are administrative and do not necessarily indicate the insider’s view of the company’s prospects. Purchases generally carry more informational weight for retail investors than routine withholdings or sales.