Karl G. Glassman
Net Worth

Last updated:

What is Karl G. Glassman net worth?

The estimated net worth of Mr. Karl G. Glassman is at least $47,060,788 as of 5 Aug 2022. He owns shares worth $7,889,788 as insider, has earned $9,811,000 from insider trading and has received compensation worth at least $29,360,000 in Leggett & Platt, Incorporated.

What is the salary of Karl G. Glassman?

Mr. Karl G. Glassman salary is $3,670,000 per year as Executive Chairman in Leggett & Platt, Incorporated.

How old is Karl G. Glassman?

Mr. Karl G. Glassman is 67 years old, born in 1958.

What stocks does Karl G. Glassman currently own?

As insider, Mr. Karl G. Glassman owns shares in one company:

Company Title Shares Price per share Total value
Leggett & Platt, Incorporated (LEG) Executive Chairman 852,950 $9.25 $7,889,788

What does Leggett & Platt, Incorporated do?

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.

Karl G. Glassman insider trading

Leggett & Platt, Incorporated

Mr. Karl G. Glassman has made 7 insider trades between 2017-2022, according to the Form 4 filled with the SEC. Most recently he sold 26,401 units of LEG stock worth $1,070,033 on 5 Aug 2022.

The largest trade he's ever made was exercising 105,300 units of LEG stock on 12 Aug 2019. As of 5 Aug 2022 he still owns at least 852,950 units of LEG stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 26,401 $40.53 $1,070,033
Option
Employee Stock Options (Right to Buy) 30,000 $23.14 $694,200
Option
Employee Stock Options (Right to Buy) 30,000 $23.14 $694,200
Option
Common Stock 674 $38.51 $25,956
Option
Employee Stock Options (Right to Buy) 47,596 $42.02 $1,999,984
Option
Common Stock 47,596 $42.02 $1,999,984
Option
Employee Stock Options (Right to Buy) 68,675 $23.14 $1,589,140
Option
Common Stock 68,675 $23.14 $1,589,140
Option
Common Stock 101,675 N/A N/A
Option
Employee Stock Options (Right to Buy) 101,675 N/A N/A
Sale
Common Stock 11,210 N/A N/A
Sale
Common Stock 10,683 N/A N/A
Option
Stock Options (Right to Buy) 105,300 N/A N/A
Option
Common Stock 105,300 N/A N/A
Sale
Common Stock 10,000 $47.41 $474,100
Sale
Common Stock 13,277 $53.79 $714,170
Sale
Common Stock 75,388 $48.61 $3,664,611
Sale
Common Stock 79,772 $48.74 $3,888,087