ODAFFER LINDSEY NICOLE 4
4 · LEGGETT & PLATT INC · Filed Jul 13, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt (LEG) EVP Lindsey Odaffer Receives Stock Award
What Happened
Lindsey Nicole Odaffer, EVP and Chief Human Resources Officer at Leggett & Platt (LEG), received a grant/award of 78.926 shares on July 10, 2026. The shares were recorded at $9.30 each for a reported value of $734. This transaction is recorded as an award/grant (code A), i.e., compensation-related stock rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-10; Form 4 filed: 2026-07-13 (filed within the standard 2-business-day window).
- Transaction type: Award/Grant (code A).
- Shares acquired: 78.926 at $9.30 per share — reported total value $734.
- Shares owned after transaction: Not explicitly stated in this filing.
- Notable footnotes:
- F1: Balance updated to reflect acquisition of 311.548 shares under the issuer’s Discount Stock Plan (statement dated 6/30/2026).
- F2: Balance updated to reflect acquisition of 0.1095 shares under the issuer’s 401(k) Plan (statement dated 6/30/2026).
- Both F1 and F2 note these plan transactions are exempt under Rule 16b-3(c).
- No indication this was a sale or a cashless exercise; this appears to be a routine compensation award.
Context
This is a compensation-related stock award, which is common for executives and typically reflects plan-based grants rather than a direct market signal. Such awards differ from open-market purchases by insiders (which some investors view as stronger bullish signals). The filing appears timely and contains footnotes clarifying recent plan-related balance updates.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-10$9.30/sh+78.926$734→ 86,453.366 total
- 25.235(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]Balance has been updated to reflect the acquisition of 311.548 shares under the Issuer's Discount Stock Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a statement dated 6/30/2026.
- [F2]Balance has been updated to reflect the acquisition of .1095 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c). The information in this report is based on a plan statement dated as of 6/30/2026.