LEGGETT & PLATT INC·4

Jul 16, 5:28 PM ET

Padmanabhan Srikanth 4

Research Summary

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Leggett & Platt (LEG) Director Padmanabhan Receives 176-Share Award

What Happened
Padmanabhan Srikanth, a director of Leggett & Platt Inc. (LEG), was granted 176.505 shares as an award (reporting code A) on July 15, 2026. The award was recorded at $8.74 per share, for a total reported value of approximately $1,542. The filing reports the shares as acquired under the award.

Key Details

  • Transaction date: 2026-07-15; filing date: 2026-07-16 (timely filing).
  • Transaction type/code: Award/Grant (A) — reported as an acquisition.
  • Shares granted: 176.505; price per share reported: $8.74; total value ≈ $1,542.
  • Shares owned after transaction: not specified in the information provided in this summary.
  • No footnotes, 10b5-1 plan, tax withholding, or other special conditions were disclosed in the provided transaction details.

Context
Awards/grants are typically part of director compensation (e.g., restricted stock or RSUs) and are reported as acquisitions for disclosure purposes; they do not necessarily indicate a personal market buy or sell decision. The fractional share amount (176.505) reflects the precise award quantity reported.