GLASSMAN KARL G 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) CEO Karl Glassman Receives 316-Share Award
What Happened
Karl G. Glassman, President & CEO and a director of Leggett & Platt Inc. (LEG), received a grant/award of 316.21 shares on May 15, 2026. The reported acquisition price/value is $7.79 per share, for a total reported value of $2,465. This transaction is an award/grant (transaction code A), an acquisition rather than a sale.
Key Details
- Transaction date: 2026-05-15; Report filed: 2026-05-18 (Form 4)
- Shares acquired: 316.21 at $7.79 per share; total value reported: $2,465
- Shares owned after transaction: Not disclosed in this Form 4 filing
- Notable footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes reported in the filing
- Timeliness: Filed May 18, 2026 — within the SEC’s standard two-business-day reporting window
Context
This was a grant/award (typically part of executive compensation) and not an open-market purchase or sale. Such awards are common for senior executives and do not, by themselves, indicate personal buying or selling intent.