Leggett & Platt Director Srikanth Receives 206 Share Award

What Happened Padmanabhan Srikanth, a director of Leggett & Platt, reported receiving an equity award of 206.66 shares on August 24, 2026. The filing lists an acquisition price of $7.50 per share, for a total value of approximately $1,551. This transaction is an award/grant (transaction code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-08-24; filing date: 2026-08-25 (filed promptly).
• Price per share: $7.50; shares acquired: 206.66; total reported value: ~$1,551.
• Transaction type: A (award/grant of shares).
• Shares owned after transaction: not specified in the provided filing details.
• No footnotes about 10b5-1 plans, tax withholding, or cashless sale were included in the supplied data.

Context Equity awards to directors are commonly part of compensation or deferred pay and represent an acquisition of company stock rather than a sale; the filing does not detail vesting, restrictions, or whether the shares are subject to conditions. The reported value here is modest relative to many executive awards, but it still increases the director’s stake in the company. For more detail on grant terms or director compensation policy, consult the company’s proxy statement or related SEC filings.