LEGGETT & PLATT INC·4

Mar 11, 4:27 PM ET

SMITH ROBERT S JR 4

Research Summary

AI-generated summary

Updated

Leggett & Platt (LEG) EVP Robert S. Smith Jr. Withholds 282 Shares

What Happened

  • Robert S. Smith Jr., EVP and President (Spec. and FF&T) of Leggett & Platt, had 282 shares withheld to cover taxes related to an equity event. The shares were valued at $10.51 each, totaling about $2,964. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date: 2026-03-10; filing date: 2026-03-11 (appears timely)
  • Price per share: $10.51; shares withheld/disposed: 282; total value: ~$2,964
  • Shares owned after transaction: not specified in the provided filing excerpt
  • Transaction code/footnote: F — payment of exercise price or tax liability (share withholding to satisfy taxes)

Context

  • This type of transaction typically reflects the company withholding shares to cover taxes from an option exercise or vesting of awards (a routine administrative action), and should not be read as an open-market sale or investment decision by the insider.