WOOD PHOEBE A 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) Director Phoebe A. Wood Receives Award
What Happened
Phoebe A. Wood, a director of Leggett & Platt Inc. (LEG), received a grant (transaction code A) of 170.431 shares on April 15, 2026. The reported acquisition price was $9.08 per share for a total reported value of about $1,548. This was an award/grant of shares (typically compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-15; Filing date: 2026-04-16 (timely filing)
- Shares granted: 170.431 at $9.08 per share; total value ≈ $1,548
- Shares owned after transaction: Not disclosed on the Form 4
- Transaction code: A (award/grant)
- No 10b5-1 plan, tax withholding, or other footnotes reported on the filing
Context
Grants to directors are commonly part of compensation packages and do not necessarily signal a personal buy or sell decision. The value here is modest, so while it increases the director's stake, it is more routine compensation than a market-confidence indicator.