Leggett & Platt (LEG) EVP Lindsey Odaffer Receives Award
$LEG · LEGGETT & PLATT INCResearch Summary
AI-generated summary of this SEC filing
Leggett & Platt (LEG) EVP Lindsey Odaffer Receives Award
What Happened
Lindsey Nicole Odaffer, EVP and Chief HR Officer of Leggett & Platt (LEG), was granted shares on August 24, 2026. The filing shows two awards: 107.247 shares at $7.97 (≈ $855) and 134.825 shares at $7.50 (≈ $1,012), totaling 242.072 shares worth approximately $1,867. These are reported as awards/grants (transaction code A) — an acquisition of shares rather than a sale.
Key Details
- Transaction date: 2026-08-24; filing date: 2026-08-25 (filed next day; appears timely).
- Awards: 107.247 shares @ $7.97 (≈ $855) and 134.825 shares @ $7.50 (≈ $1,012); total 242.072 shares, ≈ $1,867.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes/plan details: none noted in the provided data (filing lists transaction code A for award/grant).
- Not a sale — this is an award/acquisition (often part of compensation, not an open-market purchase).
Context
Awards to executives are commonly part of compensation packages (e.g., restricted stock units or other equity grants) and may vest over time; the filing does not specify vesting or whether shares are subject to restrictions. Such awards are different from open-market purchases and do not necessarily signal immediate buying conviction. Odaffer is an executive officer, not a reported 10% owner.