GLASSMAN KARL G 4
4 · LEGGETT & PLATT INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt (LEG) CEO Karl Glassman Receives Award of 20,659 Shares
What Happened
- Karl G. Glassman, President & CEO and a director of Leggett & Platt, was granted/received 20,659.27 shares on February 27, 2026. The reported acquisition price per share is $9.93, for a total reported value of $205,105. This transaction is coded as an award/grant (Form 4 code "A") — an acquisition via compensation, not an open-market purchase.
Key Details
- Transaction date: 2026-02-27; Filing/accession: 2026-03-02 (Accession 0000058492-26-000153)
- Shares involved: 20,659.27 acquired at $9.93 per share; total value ≈ $205,105
- Transaction type/code: A = award/grant (acquisition as compensation)
- Shares owned after transaction: Not disclosed in the provided data
- Footnotes/plan details: None provided in the excerpt (vesting schedule, 10b5-1 status, or tax withholding not specified)
- Timeliness: No late-filing indicator provided in the supplied information
Context
- Awards/grants are typically part of executive compensation (e.g., restricted stock, RSUs, or performance shares) and may vest over time; the Form 4 here does not specify vesting or whether shares are subject to restrictions. Such awards reflect compensation, not an open-market buy that necessarily signals direct personal investment intent.
Insider Transaction Report
Form 4
GLASSMAN KARL G
DirectorPresident and CEO
Transactions
- Award
Common Stock
2026-02-27$9.93/sh+20,659.27$205,105→ 1,197,972.964 total
Holdings
- 514,335(indirect: By Trust)
Common Stock
- 28,788.371(indirect: By Trust)
Common Stock
Signature
/s/ Stanley Scott Luton, attorney-in-fact|2026-03-02