GLASSMAN KARL G 4
4 · LEGGETT & PLATT INC · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt (LEG) CEO Karl G. Glassman Receives Stock Award
What Happened
- Karl G. Glassman, President & CEO and a director of Leggett & Platt (LEG), was granted two stock awards on April 15, 2026. He acquired 1,080.964 shares at an attributable price of $9.65 (valued at $10,429) and 682.280 shares at $9.08 (valued at $6,195), for a combined 1,763.244 shares worth roughly $16,624. The filing reports these as awards/grants (transaction code "A"), an acquisition rather than a sale.
Key Details
- Transaction date: 2026-04-15 (reported on Form 4 filed 2026-04-16)
- Awards: 1,080.964 shares @ $9.65 = $10,429; 682.280 shares @ $9.08 = $6,195; total 1,763.244 shares ≈ $16,624
- Transaction type/code: Award/Grant (A) — acquisition of shares via company grant
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing timeliness: Report appears timely (filed the next day); no late-filing indication in provided data
- No footnotes shown (e.g., 10b5-1 plan, tax withholding) in the supplied details
Context
- Awards and grants are typically part of executive compensation (restricted stock, performance shares, or similar); they represent an acquisition of shares but do not necessarily indicate the insider bought shares on the open market. This was not an option exercise or sale. As always, awards can be routine compensation rather than a direct market sentiment signal.
Insider Transaction Report
Form 4
GLASSMAN KARL G
DirectorPresident and CEO
Transactions
- Award
Common Stock
2026-04-15$9.65/sh+1,080.964$10,429→ 1,160,603.588 total - Award
Common Stock
2026-04-15$9.08/sh+682.28$6,195→ 1,161,285.868 total
Holdings
- 514,335(indirect: By Trust)
Common Stock
- 28,894.558(indirect: By Trust)
Common Stock
Signature
/s/ Stanley Scott Luton, attorney-in-fact|2026-04-16