Leggett & Platt (LEG) EVP Lindsey Odaffer Receives 205-Share Award

What Happened

• Lindsey N. Odaffer, EVP & Chief HR Officer of Leggett & Platt, received equity awards (transaction code A) on July 15, 2026. The filing shows two award components: 89.914 shares at $9.28 each (value $835) and 115.153 shares at $8.74 each (value $1,006), for a combined 205.067 shares valued at approximately $1,841. This transaction is an acquisition via company award/grant rather than an open-market purchase or sale.

Key Details

• Transaction dates and prices: 2026-07-15 — 89.914 shares @ $9.28 and 115.153 shares @ $8.74.
• Total shares received: 205.067; total reported value: ~$1,841.
• Shares owned after the transaction: not specified in the Form 4 (not disclosed in the filing).
• Footnotes/plan details: filing reports awards (code A); no 10b5-1, tax-withholding (code F), or cashless sale items are shown in the provided data.
• Timeliness: Form 4 was filed on 2026-07-16 for a 2026-07-15 transaction — appears to be filed timely.

Context

• "A" (award/grant) entries typically reflect compensation-related equity (e.g., restricted stock or vested RSUs) or similar company awards. Such grants are acquisitions of company stock for the insider but do not necessarily indicate the insider buying shares on the open market; they are routine elements of compensation and often subject to vesting or restrictions.