LEGGETT & PLATT INC·4

Apr 16, 4:21 PM ET

Padmanabhan Srikanth 4

Research Summary

AI-generated summary

Updated

LEG Director Padmanabhan Srikanth Receives Award of 168.888 Shares

What Happened

  • Padmanabhan Srikanth, a director of Leggett & Platt, received an award/acquisition of 168.888 shares on April 15, 2026. The reported price per share was $9.08, for a total reported value of approximately $1,534. This transaction is coded as an award/grant (A), meaning shares were granted rather than purchased on the open market.

Key Details

  • Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely filing)
  • Price per share: $9.08
  • Shares acquired: 168.888; total value: ~$1,534
  • Shares owned after transaction: Not specified in the provided filing
  • Footnotes/plan details: Filing lists the transaction as an award (code A); no 10b5-1 plan, tax-withholding, or other special footnotes were disclosed in the provided summary

Context

  • This was a grant/award of shares (compensation/benefit), not an open-market purchase or sale. Such awards often reflect routine director compensation and do not, on their own, indicate a clear bullish or bearish signal.