ODAFFER LINDSEY NICOLE 4
Research Summary
AI-generated summary
Leggett & Platt EVP Lindsey Odaffer Receives 81-Share Award
What Happened
- Lindsey Nicole Odaffer, EVP and Chief Human Resources Officer of Leggett & Platt Inc. (LEG), received an award/acquisition of 81.457 shares on June 12, 2026.
- The reported acquisition price was $9.01 per share, for a total reported value of approximately $734.
- This was an award/grant (code A), not an open-market purchase or sale — typically part of compensation rather than a direct market bet.
Key Details
- Transaction date: 2026-06-12; Filing date with SEC: 2026-06-15.
- Price per share: $9.01; Shares acquired: 81.457; Total value: ~$734.
- Shares owned after transaction: not specified in the excerpt provided.
- Footnotes/plan details: no 10b5-1 plan, tax-withholding, or other notes were disclosed in the supplied transaction summary.
- Filing timeliness: Form 4 was filed on 6/15/2026; no indication in the provided excerpt that the filing was late.
Context
- Award grants to executives are commonly part of regular compensation (restricted stock, RSUs, or other equity awards) and do not necessarily signal a personal bullish or bearish view.
- For retail investors tracking insider activity, awards confirm management is being compensated with equity, which can align interests with shareholders but is not the same signal as an open-market purchase.