Leggett & Platt amends deferred comp program to eliminate stock options as investment alternative starting 2025

LEGGETT & PLATT INC

Stock options removed as deferral investment option from 2025 onward; previously granted options remain outstanding.
Named executive officers (CEO Glassman, CFO Burns, etc.) affected; deferrals now limited to Stock Units (20% discount) or Cash Deferrals.
Stock Units earn dividend equivalents; Cash Deferral interest rate set by CFO until Committee determines otherwise.
Company retains right to settle option exercises or stock units in cash if sufficient shares unavailable under Flexible Stock Plan.

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