secwatch.observer — SEC 8-K summary
======================================

Issuer:     LEGGETT & PLATT INC (LEG)
CIK:        0000058492
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001193125-23-118522
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leggett & Platt terminates CEO Glassman's personal aircraft use ahead of May 4 retirement
--------------------------------------------------------------------------------

- Karl G. Glassman to retire as executive officer at the 2023 Annual Meeting on May 4, 2023.
- Company and Glassman mutually agreed to terminate personal corporate aircraft use arrangement, effective May 4, 2023.
- The arrangement, in place since May 2017, had a $100,000 annual incremental cost limit and no tax reimbursements.
- Glassman's personal use was allowed only when aircraft not needed for business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58492/000119312523118522/0001193125-23-118522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58492/000119312523118522/d502618d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-118522

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