ODAFFER LINDSEY NICOLE 4
Research Summary
AI-generated summary
Leggett & Platt EVP Lindsey Odaffer Sells 180 Shares (Tax Withholding)
What Happened
- Lindsey Nicole Odaffer, EVP & Chief HR Officer at Leggett & Platt (LEG), had 180 shares disposed on March 10, 2026 to satisfy a tax or exercise payment obligation. The shares were reported at $10.51 each for a total value of $1,892. This transaction is a tax-withholding disposition (not an open-market sale for cash).
Key Details
- Transaction date and price: 2026-03-10 at $10.51 per share.
- Shares disposed: 180; reported total value: $1,892.
- Transaction code: F — indicates shares were withheld/surrendered to pay an exercise price or tax liability (common for option exercises or vesting events).
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: 2026-03-11 (filed the day after the transaction); no indication this filing was late.
Context
- This type of F-coded transaction typically reflects a withholding or surrender of shares to cover taxes or exercise costs (often part of a stock option exercise or restricted stock vesting). It is routine and does not necessarily indicate a manager's intent to sell shares for investment reasons.