GLASSMAN KARL G 4
4 · LEGGETT & PLATT INC · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt CEO Karl Glassman Receives 256,235 RSU Award
What Happened
- Karl G. Glassman, President & CEO and a director of Leggett & Platt Inc. (LEG), received a grant of 256,235 restricted stock units (RSUs) on 2026-02-26. The filing reports an acquisition at $0.00 (a compensation award), so there was no cash purchase or sale disclosed in this transaction.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-02-27 (timely filing).
- Award: 256,235 RSUs; reported price: $0.00 (compensation grant).
- Reported total value in the transaction line: $0 (this reflects the grant accounting on the Form 4 entry, not the market value of the underlying shares).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — RSUs settle solely in common stock on a one-to-one basis and generally vest in one‑third increments on the first, second and third anniversaries of the grant date.
Context
- RSU grants are a form of compensation that convert to shares only as they vest; this award does not represent an immediate market purchase or sale. Vesting schedule and future tax withholding (if any) could affect when and how many shares are ultimately delivered.
Insider Transaction Report
Form 4
GLASSMAN KARL G
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1]2026-02-26+256,235→ 1,177,313.694 total
Holdings
- 514,335(indirect: By Trust)
Common Stock
- 28,788.371(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents restricted stock units (settled solely in common stock on a one-to-one basis), which generally vest in one-third increments on the first, second and third anniversaries of the grant date.
Signature
/s/ Stanley Scott Luton, attorney-in-fact|2026-02-27