LEGGETT & PLATT INC·4

Jul 13, 2:56 PM ET

GLASSMAN KARL G 4

Research Summary

AI-generated summary

Updated

Leggett & Platt CEO Karl Glassman Receives Award

What Happened Karl G. Glassman, President, CEO and a director of Leggett & Platt (LEG), received a grant/award of 265.05 shares on July 10, 2026. The award was recorded at $9.30 per share for a total value of about $2,465. This filing reports an acquisition (transaction code A) rather than a sale.

Key Details

  • Transaction date and price: 2026-07-10, 265.05 shares at $9.30 each (total ≈ $2,465).
  • Shares owned after transaction: Not specified in this Form 4.
  • Footnote: The filing notes an updated balance reflecting acquisition of 117.928 shares under the issuer’s 401(k) plan (exempt under Rule 16b-3(c)), based on a plan statement dated 6/30/2026.
  • Timeliness: Report filed 2026-07-13 for a 2026-07-10 transaction (filed within the standard reporting window).

Context This was a compensation-related award (grant) rather than an open-market purchase or sale, and is typically part of executive pay programs. Such grants are informational about insider compensation but do not, by themselves, imply a change in the insider’s view of the company. The additional 401(k) shares noted were exempt-plan transactions and are disclosed via footnote.