Leggett & Platt CFO Benjamin Burns Receives 121-Share Award

What Happened

• Benjamin M. Burns, Executive Vice President and CFO of Leggett & Platt, was granted/received 120.907 shares (transaction code A) on July 10, 2026. The reported acquisition price is $9.30 per share, for a total value reported of about $1,124. This filing reflects an award/acquisition from company plans rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-07-10 — Grant/award/acquisition (code A).
• Price and quantity: 120.907 shares at $9.30 per share; reported value ≈ $1,124.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: Filing notes additional-plan acquisitions reflected in the insider’s balance — 8.8493 shares under the Issuer’s Discount Stock Plan (F1) and small 401(k) plan acquisitions of 0.135 and 0.108 shares (F2, F3). These plan entries are based on statements dated 6/30/2026 and are exempt under Rule 16b-3(c).
• Filing timing: Form 4 was filed on 2026-07-13 reporting the 7/10/2026 transaction (filing date shown on accession).

Context

• This was a company stock award under compensatory/plan arrangements (exempt under Rule 16b-3); such grants are routine for executives and reflect compensation, not an open-market bet. Awards are generally treated differently from discretionary purchases or sales and do not necessarily indicate the insider’s market view.