On Tuesday, Leggett & Platt, Inc. (NYSE:LEG) filed stock grants to be awarded to five company insiders. While the Directors Robert Ted Enloe and Joseph Mcclanathan received shares for the small value of $1,687 and $1,186, respectively, other insiders were awarded with a significantly larger amount of shares. Such was the case with Director Ralph Clark, who received 202 shares of Common Stock, worth $5,342, and Judy Odom, also Director at Legget & Platt, who received stock in the value of $6,431. However, the largest grant was awarded to company Director Phoebe Wood, who received 300 shares of Common Stock, worth $7,908.
Stock trading at the $4.5 billion market cap manufacturer has been stagnant this past month, with the latest large disposition executed by insider Matthew Flannigan in May. The Executive Vice President and Chief Financial Officer unloaded 20,000 shares of Common Stock, paying a price of $33.39 per share for his second stock sale of the fiscal year.
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