GLASSMAN KARL G 4
Research Summary
AI-generated summary
Leggett & Platt (LEG) CEO Karl Glassman Receives Award
What Happened
- Karl G. Glassman, President & CEO and a director of Leggett & Platt, received a grant (transaction code A) of 248.47 shares on June 26, 2026. The filing reports a per-share value of $9.92, for a total reported value of approximately $2,465. The entry is listed as an acquisition (shares delivered to the insider as an award).
Key Details
- Transaction date and price: June 26, 2026 — 248.47 shares at $9.92 per share.
- Total value: approximately $2,465.
- Transaction type/code: Award/Grant (A); reported as an acquisition.
- Shares owned after transaction: not specified in this Form 4 filing.
- Footnotes/notable items: filing does not specify whether the award is restricted stock, RSUs, or another equity vehicle; no 10b5-1 or tax-withholding notes provided.
- Timeliness: Form 4 filed June 29, 2026 — within the SEC’s two-business-day filing window for insider reports.
Context
- This was a compensation grant rather than an open-market purchase or sale. Awards are common for executives and reflect pay programs or vesting, and do not by themselves signal a change in the insider’s market view. The reported dollar value is modest relative to typical executive grants, so it is likely a routine compensation or vesting event.