secwatch.observer — SEC 8-K summary
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Issuer:     LEGGETT & PLATT INC (LEG)
CIK:        0000058492
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001193125-21-325948
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leggett & Platt names Mitch Dolloff CEO effective Jan 1, 2022; Karl Glassman to become Executive Chairman
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- Karl Glassman retires as CEO Dec 31, 2021; becomes Executive Chairman Jan 1, 2022.
- Mitch Dolloff appointed CEO and President effective Jan 1, 2022; previously President and COO.
- Dolloff's 2022 base salary set at $1.12M (from $800k); Glassman's at $750k (from $1.225M).
- Dolloff receives $1M RSU grant vesting over three years; LTI multiple increased to 400%.
- Bylaws amended to expand shareholder proposal disclosure requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58492/000119312521325948/0001193125-21-325948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58492/000119312521325948/d245722d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-325948

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer