GLASSMAN KARL G 4
4 · LEGGETT & PLATT INC · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt CEO Karl Glassman Receives 1,853-Share Award
What Happened
Karl G. Glassman, President & CEO and a director of Leggett & Platt, received two stock awards (code A) on July 15, 2026 — 1,139.979 shares at $9.28 (value $10,581) and 713.052 shares at $8.74 (value $6,229), totaling 1,853.031 shares and about $16,810. This was a grant/award as part of compensation, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-15; Form 4 filed: 2026-07-16 (timely filing).
- Award lots: 1,139.979 shares @ $9.28 ($10,581) and 713.052 shares @ $8.74 ($6,229). Total = 1,853.031 shares (~$16,810).
- Transaction code: A (award/grant).
- Shares owned following transaction: not reported in the data provided.
- No 10b5-1 plan, tax withholding, or other footnotes were supplied in the provided filing information.
- Filing appears timely (no late filing flag).
Context
Stock awarded to executives is typically part of compensation (restricted stock units, performance shares, or similar) and may be subject to vesting or other conditions — it does not necessarily indicate an immediate purchase or sale. For retail investors, awards show management is being compensated with equity, but they are different from open-market buys that some interpret as a direct personal bet on the stock.
Insider Transaction Report
- Award
Common Stock
2026-07-15$9.28/sh+1,139.979$10,581→ 1,136,984.771 total - Award
Common Stock
2026-07-15$8.74/sh+713.052$6,229→ 1,137,697.823 total
- 514,335(indirect: By Trust)
Common Stock
- 29,012.486(indirect: By Trust)
Common Stock