---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-067008"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:57:38.811641+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-067008
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2026-02-24T23:59:59+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/58492/000119312526067008/0001193125-26-067008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312526067008/d29281d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-067008
- JSON: https://secwatch.observer/filing/0001193125-26-067008.json
- Plain text: https://secwatch.observer/filing/0001193125-26-067008.txt

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