Leggett & Platt (LEG) EVP Lindsey Odaffer Receives 89.755-Share Award
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Leggett & Platt (LEG) EVP Lindsey Odaffer Receives 89.755-Share Award
What Happened
Lindsey Odaffer, EVP and Chief HR Officer of Leggett & Platt, received an award/grant of 89.755 shares on August 7, 2026. The reported acquisition price per share was $8.18, giving the award a notional value of approximately $734. This was a company grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-07; Filing date: 2026-08-10 (filing appears timely).
- Price per share reported: $8.18; Shares acquired: 89.755; Total value ≈ $734.
- Transaction type: Award/Grant (code A) — shares issued as compensation.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, or other footnotes were disclosed in the excerpt provided.
Context
An "A" award typically reflects compensation or retention-related equity (e.g., restricted stock or similar grants). Such grants are routine for executives and do not represent an open-market bet on the stock. The dollar value here is modest; while purchases can be seen as a stronger signal of personal conviction, grants mainly reflect company compensation practices rather than direct insider sentiment.