Robert S. Smith Jr., an executive vice president at Leggett & Platt (LEG), has filed 135 Form 4 transactions, all involving the same company. The filings show a uniform pattern: every transaction is coded as an acquisition (code "A"), which typically represents a grant, award, or other non-open-market acquisition. There are no open-market purchases (code "P") or sales (code "S") in the record, and no disposals of any kind.
The aggregate value of these acquisitions is $477,272.84. The transactions are evenly spaced, occurring on the 1st, 7th, 10th, 15th, 21st, 24th, and 26th of various months, with each date showing two separate entries. The dollar values are consistent: each pair of transactions on a given date totals either $1,692.31 and $993.55, or $1,821.67 and $1,313.93, with the larger amounts appearing on the 15th of each month. The most recent filings are dated August 26, 2026, and the pattern extends back through July, June, and May of the same year.
This transaction history shows a complete absence of selling activity. Smith Jr. has not disposed of any shares during the covered period, and the only transactions are recurring, scheduled acquisitions. The regularity of the dates and the fixed dollar amounts suggest these are automatic compensation events, such as restricted stock unit vestings or dividend equivalents, rather than discretionary trades. The lack of any open-market activity means the filings provide no signal of Smith Jr.'s view on the company's valuation, only a steady accumulation of shares through non-market channels.
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