---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-051226"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:05:56.942070+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt sets 2022 executive compensation; Dolloff base salary raised to $1.12M, Glassman reduced to $750K

## Summary
- President & CEO Dolloff base salary increased 40% to $1.12M; KOIP target raised to 125%; LTI multiple to 400%.
- Executive Chairman Glassman base salary decreased 39% to $750K; KOIP target to 100%; LTI multiple to 200% (all RSUs).
- CFO Tate, EVP Henderson, and SVP Douglas received modest base salary increases (3-5%); KOIP and LTI multiples unchanged.
- 2022 KOIP award formula: ROCE (60%) and Cash Flow/FCF (40%); min ROCE 28.1%, cash flow $476.25M for corporate participants.
- Vehicle policy change: NEOs lose company cars, get $800/month for 12 months in lieu.

## SEC filing metadata
- accession: 0001193125-22-051226
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312522051226/0001193125-22-051226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312522051226/d339670d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-051226
- JSON: https://secwatch.observer/filing/0001193125-22-051226.json
- Plain text: https://secwatch.observer/filing/0001193125-22-051226.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.