4Filed Aug 24, 8:00 PM ET

Leggett & Platt CFO Benjamin Burns Receives Stock Award

$LEG · LEGGETT & PLATT INC

Research Summary

AI-generated summary of this SEC filing

Updated

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.