Vanguard Capital Management Acquires 5% Stake in Leggett & Platt Inc (LEG)
Vanguard Capital Management LLC has filed a Schedule 13G reporting a new 5.0% ownership stake in Leggett & Platt Inc (LEG). As of the event date on March 31, 2026, Vanguard beneficially owns 6,798,800 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 6,798,800 shares, while maintaining sole voting power over 1,023,921 shares. This position was acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The reported holdings include securities managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This filing represents a significant increase from a previous 0% position, crossing the 5% regulatory threshold that requires public disclosure. Leggett & Platt, headquartered in Carthage, Missouri, is the issuer of the securities. The filing was signed by Ashley Grim, Head of Global Fund Administration, on April 30, 2026.