In 2023, Karl G. Glassman earned $4.02M in total compensation at Leggett & Platt, including $1.12M salary, $1.31M bonus and $1.08M in stock. Most recently acquired 10,278 shares in Mar 2025. Currently holds stock worth $10.47M. Has donated $11.40K in stock to charitable causes. 9+ years at the helm of Leggett & Platt.
Compensation History
Annual executive compensation data for Karl G. Glassman, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.02M
Salary
$1.12M
Bonus
$1.31M
Other
$509.52K
Salary
$1.12MBoard Justification
The compensation program emphasizes performance-based pay, aligning executive interests with shareholder value through a mix of cash and equity-based compensation.
Bonus
$1.31MBoard Justification
Annual incentive based on adjusted EBITDA and cash flow targets, resulting in a payout of 93.8% of the target amount.
Other Compensation
$509.52KBoard Justification
Includes contributions to the Executive Stock Unit Program, Deferred Compensation Program, and other benefits.
Restricted Stock
Board Justification
Restricted Stock Units (RSUs) that vested in 2023, with a total of 31,876 shares acquired.
Performance Metrics
Adjusted EBITDA and cash flow targets were the primary metrics for determining the annual incentive payout.
Karl G. Glassman
CEO of Leggett & Platt
Education
Bachelor's Degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
May 15, 1968 - 57 years ago
CEO of Leggett & Platt for
9 years 11 months (Dec 2015 - Present)
Previous Experience
Executive Vice President, COO
Other Leggett & Platt CEOs
Holdings
Track Karl G. Glassman's stock holdings and portfolio value over time.
Total Stock Sold
$21.59M
$21.59M
544,053 LEG shares
What if they kept their stock?
If Karl G. Glassman didn't sell their stock, today they would have:
Extra LEG544,053 shares worth $6.20M.
This is -71.27% and $15.39M less than what they got when they sold the stock.
Charitable Transactions
1,000 shares
LEG
Recent Charitable Transactions
1,000 shares
LEG
Dec 16, 2016
Charity
3,379 shares
LEG
Sep 14, 2013
Charity
Insider Trading
Karl G. Glassman's recent stock transactions, purchases, and sales filed with the SEC.
$75.31K
LEG at $7.33/share
Mar 7, 2025
Received
600,744 shares
LEG
Feb 28, 2025
Received
$4.78K
LEG at $8.11/share
Feb 21, 2025
Received
$2.39K
LEG at $9.09/share
Jan 24, 2025
Received
$18.57K
LEG at $8.85/share
Jan 15, 2025
Received
$2.39K
LEG at $8.24/share
Jan 10, 2025
Received
$18.48K
LEG at $10.83/share
Oct 15, 2024
Received
$18.39K
LEG at $10.00/share
Jul 15, 2024
Received
$273.15K
LEG at $11.48/share
May 31, 2024
Purchase
221,621 shares
LEG
May 20, 2024
Received
Rivals
Compare Karl G. Glassman with competitor CEOs and industry peers.