Leggett & Platt (LEG) EVP James T. Hagale Receives Stock Award

What Happened

• James T. Hagale, EVP and President — Bedding Products at Leggett & Platt, received two equity awards (Form 4 transaction code "A") on August 7, 2026. The grants were for 137.497 shares at $8.18 each (value ≈ $1,124) and 308.851 shares at $7.70 each (value ≈ $2,377), for a combined ~446.348 shares worth roughly $3,501. These were awards/grants (acquisitions), not open-market purchases or sales.

Key Details

• Transaction date: 2026-08-07
• Awards:
  • 137.497 shares @ $8.18 each (≈ $1,124)
  • 308.851 shares @ $7.70 each (≈ $2,377)
• Transaction type/code: A (award/grant; reported as acquisition)
• Shares owned after transaction: Not specified in the filing
• Footnotes or special plans: No 10b5-1 plan, tax-withholding, or other special footnotes noted in the reported transaction
• Filing timeliness: Form filed 2026-08-10 for a 2026-08-07 transaction; appears to be filed within required reporting window (timely)

Context

• Equity awards are typically part of compensation and do not necessarily signal the insider buying or selling stock for investment reasons. This filing documents the receipt of shares (not an outright market purchase or sale) and the total value is relatively small (~$3.5k), consistent with routine compensation grants. Transaction code A denotes an award/grant rather than an option exercise, gift, or sale.