8-K
filed May 22, 2026, 4:25 PM ET
ticker LEG
CIK 0000058492
other material
confidence high
sentiment neutral
materiality 0.35
Leggett & Platt shareholders approve Flexible Stock Plan amendment; CEO aircraft agreement terminated
LEGGETT & PLATT INC
- Shareholders approved 4M share increase to Flexible Stock Plan, extending term to 2036 and adding $750K director compensation cap.
- CEO Karl Glassman's Aircraft Time Sharing Agreement terminated effective May 30, 2026; Company aircraft expected to be sold.
- All 8 director nominees elected, auditor ratified, and say-on-pay approved with strong support at May 21 annual meeting.
- CEO must now hold net shares from option/SAR exercises for at least one year per amended plan.
- Named executive officers include Glassman, Burns, Hagale, Smith, and Davis as eligible plan participants.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
LEGGETT & PLATT INC shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2026-05-21 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-21
Exact text from the filing
The ratification of the Audit Committee’s selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, was approved with the following vote:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
LEGGETT & PLATT INC shareholders approved Approval of the Amendment and Restatement of the Company's Flexible Stock Plan at the 2026-05-21 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-05-21
Exact text from the filing
The amendment and restatement of the Company’s Flexible Stock Plan was approved with the following vote:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
LEGGETT & PLATT INC shareholders approved Election of Directors at the 2026-05-21 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-21
Exact text from the filing
All eight nominees for director listed in the Proxy Statement were elected to hold office until the 2027 Annual Meeting of Shareholders, or until their successors are elected and qualified, with the following vote:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
LEGGETT & PLATT INC shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2026-05-21 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-21
Exact text from the filing
The advisory vote to approve the Company’s named executive officer compensation package as described in the “Executive Compensation and Related Matters” section of the Company’s Proxy Statement (commonly known as “Say-on-Pay”) was approved with the following vote:
View on SEC.gov
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.