KARL GLASSMAN, Board Member at Leggett & Platt (NYSE:LEG), reported a large insider buy on October 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that GLASSMAN purchased 9,195 shares of Leggett & Platt. The total transaction amounted to $191,023.
Leggett & Platt shares are trading down 0.28% at $25.02 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...