GLASSMAN KARL G 4
4 · LEGGETT & PLATT INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Leggett & Platt CEO Karl Glassman Receives 264-Share Award
What Happened
Karl G. Glassman, President & CEO and a director of Leggett & Platt, received an award/acquisition of 264.267 shares on March 6, 2026. The reported per-share price was $9.04, giving the grant a reported value of approximately $2,388. This transaction is an award/grant (acquisition), not a sale.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-09 (filing appears timely).
- Transaction type/code: A — Grant/award or other acquisition.
- Shares acquired: 264.267 at $9.04 per share; total reported value ≈ $2,388.
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Notable footnotes: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the data provided.
Context
Awards like this are typically part of executive compensation plans (restricted stock, performance shares, or similar) and reflect compensation rather than an open‑market purchase. The dollar value here is modest; such grants should be viewed as compensation reporting rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Common Stock
2026-03-06$9.04/sh+264.267$2,388→ 1,161,191.231 total
- 514,335(indirect: By Trust)
Common Stock
- 28,788.371(indirect: By Trust)
Common Stock