HAGALE JAMES TYSON 4

What Happened Hagale James Tyson, EVP and President — Bedding Products at Leggett & Platt (LEG), had 1,161 shares withheld/disposed on March 10, 2026 to satisfy a tax liability related to an equity award or option. The shares were valued at $10.51 each, for a total of $12,202. This was a tax-withholding transaction (not an open-market sale) and is typically a routine administrative step following vesting or exercise.

Key Details

• Transaction date: 2026-03-10; filing date (Form 4): 2026-03-11 (timely filed).
• Price per share: $10.51; shares withheld/disposed: 1,161; total value: $12,202.
• Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Shares owned after the transaction: not specified in the provided filing.

Context When insiders have shares withheld to cover taxes, the company typically retains a portion of vested shares rather than the insider selling on the open market. These withholding transactions are administrative and generally do not signal buying or selling intent by the insider. Purchases or open-market sales usually provide clearer signals about insider sentiment.