BURNS BENJAMIN MICHAEL 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) CFO Benjamin Burns Receives 109.952-Share Award
What Happened
- Benjamin M. Burns, Executive Vice President and CFO of Leggett & Platt Inc. (LEG), was reported to have acquired 109.952 shares as an award (transaction code A) on April 17, 2026. The reported price per share was $10.23, for an aggregate reported value of approximately $1,124. This was an awarded acquisition (compensation/award), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-04-17; 109.952 shares at $10.23 each (total ≈ $1,124).
- Filing date: Form 4 filed 2026-04-20 (filed within the SEC’s two-business-day reporting window).
- Shares owned after the transaction: Not disclosed in the filing.
- Footnotes/plan mentions: The filing lists this as an “A” (award/grant) transaction; no 10b5-1 plan, tax-withholding, or other special footnotes were reported on the Form 4.
Context
- Awards (A) are typically compensation-related grants (e.g., restricted stock or similar) rather than open-market purchases and therefore don’t necessarily signal the insider’s view of the stock. The dollar value here is modest (~$1.1k). This filing does not indicate any exercise, sale, gift, or use of a trading plan.