Leggett & Platt Director Robert Brunner Cancels 128,896 Shares in Merger

What Happened
Robert E. Brunner, a director of Leggett & Platt (LEG), reported dispositions to the issuer on 2026-08-26 totaling 128,895.837 Leggett shares/RSU equivalents (113,025.837 and 15,870). These were not sold on the open market; they were cancelled/converted as part of Leggett’s merger with Somnigroup. No per-share sale price or cash proceeds are reported on the Form 4 (listed as N/A).

Key Details

• Transaction date: 2026-08-26; Form 4 filed 2026-08-27 (appears timely).
• Transaction code: D (Disposition to issuer — shares cancelled/converted in merger).
• Shares disposed: 113,025.837 and 15,870 (total 128,895.837). No dollar amount or per-share price reported.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnote F1/F2: Leggett merged into Somnigroup; each Leggett share and certain RSUs were converted into the right to receive 0.1455 shares of Somnigroup common stock or Somnigroup RSUs (to be settled in cash), per the merger agreement.

Context
This is a corporate-action disposition tied to a merger, not an open-market sale by the insider. Dispositions-to-issuer in mergers typically reflect cancellation/conversion of target-company shares into acquirer consideration and do not by themselves indicate the insider’s view on the combined company.