4Filed Aug 24, 8:00 PM ET
Leggett & Platt CFO Benjamin Burns Receives Stock Award
$LEG · LEGGETT & PLATT INCResearch Summary
AI-generated summary of this SEC filing
Leggett & Platt CFO Benjamin Burns Receives Stock Award
What Happened
- Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt Inc. (LEG), was granted two equity awards on 2026-08-24. The filing reports 215.599 shares at $7.97 valued at $1,719, and 54.149 shares at $7.50 valued at $406 — about 269.75 shares totaling roughly $2,125. These are awards/grants (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-08-24 (reported on Form 4 filed 2026-08-25).
- Award details: 215.599 shares @ $7.97 (value $1,719); 54.149 shares @ $7.50 (value $406).
- Total shares received: 269.748 (approx.); total reported value: ~$2,125.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes/plan notes: filing lists acquisitions as awards (A); no 10b5-1 plan, tax-withholding, or other special notes were provided in the excerpt.
- Timeliness: Form 4 was filed the next day (timely reporting).
Context
- These entries are equity awards (compensation), which are routine for executives and do not necessarily signal a buy or sell decision by the insider. Awards can reflect pay programs (e.g., restricted stock or performance-based grants) rather than market-driven purchases.