BURNS BENJAMIN MICHAEL 4
Research Summary
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Leggett & Platt (LEG) CFO Benjamin Burns Receives 136.503-Share Award
What Happened Benjamin Michael Burns, Executive Vice President and Chief Financial Officer of Leggett & Platt (LEG), received an award/acquisition of 136.503 shares on 2026-04-02. The reported price per share was $8.24, for a total reported value of approximately $1,124. This was a company grant/award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-02; price: $8.24 per share; shares: 136.503; total value ≈ $1,124.
- Post-transaction holdings: not specified in this Form 4 (report shows the acquisition but does not state total shares held after the award).
- Footnotes: F1 and F2 note small, separate acquisitions (.122 and .097 shares) under the issuer’s 401(k) Plan (exempt under Rule 16b-3(c)) based on a plan statement dated 3/31/2026.
- Filing date: 2026-04-02 (the report covers the transaction on the same date); no late-filing flag indicated in the provided data.
Context This was an award/grant of shares (code A), meaning the company issued shares to the insider (often restricted or performance-based), not a market purchase or option exercise. The dollar value is modest (~$1.1K), so while it’s an insider acquisition, it’s small in absolute terms and should be weighed accordingly by retail investors.