Leggett & Platt approves 2026 executive compensation; retention agreements for key NEOs

LEGGETT & PLATT INC

CEO Glassman base salary raised to $1.315M (+3.1%); other NEOs base salaries increased 3-5%.
KOIP target percentages unchanged for most NEOs at 80%; EVP/GC Davis increased to 75% from 70%.
LTI award multiples unchanged for most; Davis increased to 175% from 170%.
2026 KOIP performance targets: corporate participant EBITDA target $375M, Cash Flow target $231.3M.
Retention agreements for Burns ($618K), Hagale ($618K), Smith ($540.75K), Davis ($630.875K) subject to clawback.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.