ODAFFER LINDSEY NICOLE 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) EVP Lindsey Odaffer Receives Award (~193 Shares)
What Happened
- Lindsey Nicole Odaffer, EVP and Chief HR Officer of Leggett & Platt, reported receiving two equity awards (transaction code A) on April 15, 2026. The grants total 193.239 shares: 83.055 shares at $9.65 per share (value $801) and 110.184 shares at $9.08 per share (value $1,000). These are awards/compensation grants (acquisitions) rather than open‑market purchases or sales.
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 16, 2026 (timely).
- Awards: 83.055 shares @ $9.65 = $801; 110.184 shares @ $9.08 = $1,000; total ≈ 193.239 shares valued at $1,801.
- Transaction code: A (Award/Grant).
- Shares owned after the reported transaction: Not disclosed in the provided filing.
- Footnotes/other: No 10b5‑1 plan, tax‑withholding, or other special notes were reported in the items provided.
Context
- These grants are compensation awards and should be interpreted differently than open‑market purchases or sales; they reflect company compensation rather than a direct insider investment decision. The total value (~$1.8K) is modest relative to many insider transactions.