DAVIS JENNIFER JOY 4

What Happened Jennifer Joy Davis, EVP and General Counsel of Leggett & Platt (LEG), reported two equity awards on April 15, 2026. The Form 4 shows acquisition code A (grant/award): 127.093 shares at $9.65 each (≈ $1,226) and 18.25 shares at $9.08 each (≈ $166), for a combined 145.343 shares valued at about $1,392. These were reported on the Form 4 filed April 16, 2026.

Key Details

• Transaction date: 2026-04-15 (reported on Form 4 dated 2026-04-16). Filing appears timely.
• Transaction type/code: Award/Grant (A) — shares were acquired as an award, not an open-market purchase.
• Line items: 127.093 shares @ $9.65 ($≈1,226) and 18.25 shares @ $9.08 ($≈166).
• Total acquired: 145.343 shares, total value ≈ $1,392.
• Shares owned after transaction: Not specified in the filing.
• Footnotes/plan/10b5-1/tax withholding: No tax-withholding sale, 10b5-1 plan, or other special footnotes reported.

Context An "A" code on Form 4 denotes an award or grant (e.g., restricted stock, RSUs, or other equity compensation) rather than an open-market buy or sale. Such awards are common for executive compensation and represent company-provided equity rather than a direct market purchase; they should be interpreted as an acquisition of shares but not as an immediate vote of confidence via personal cash outlay. The dollar amount here is modest (~$1.4k), so it’s a routine equity award rather than a large insider investment.