Leggett & Platt, Incorporated filed a Form 8-K on August 21, 2026, reporting results of a special shareholder meeting held August 20, 2026, at which shareholders voted to approve the company's merger agreement with Somnigroup International Inc.

Key Highlights

  • Merger approved: Shareholders voted 102,234,833 FOR and 7,364,123 AGAINST adoption of the Merger Agreement with Somnigroup International Inc.
  • Quorum reached: 109,747,006 shares, representing approximately 80.35% of outstanding shares, were present or represented by proxy at the special meeting.
  • Record date shares: As of July 6, 2026, there were 136,578,715 shares of common stock outstanding, each entitled to one vote.
  • Executive compensation advisory vote: The non-binding advisory vote on merger-related named executive officer compensation passed 100,258,757 FOR to 8,988,480 AGAINST.
  • Adjournment not needed: A proposal to adjourn the meeting passed 98,103,626 FOR to 10,909,534 AGAINST, but adjournment was not executed because the merger agreement was approved without requiring additional proxy solicitation.
  • Merger structure: According to the filing, Merger Sub, Sparrow Unity Corporation, will merge with and into the Company, with Leggett & Platt continuing as the surviving corporation and a direct, wholly owned subsidiary of Parent.

Leggett & Platt Special Meeting Results and Merger Agreement Details

Leggett & Platt, Incorporated (NYSE:LEG), a Missouri corporation, disclosed in its August 21, 2026 Form 8-K the outcome of a special shareholder meeting held on August 20, 2026. The meeting was called to consider proposals related to the Agreement and Plan of Merger, dated April 13, 2026, entered into by the company, Somnigroup International Inc. ("Parent"), and Sparrow Unity Corporation ("Merger Sub"), a direct, wholly owned subsidiary of Parent and a Missouri corporation. The company's definitive proxy statement was filed with the SEC on July 9, 2026.

According to the filing, Proposal No. 1, the adoption of the Merger Agreement and approval of the transactions it contemplates, including the Merger itself, received 102,234,833 votes FOR, 7,364,123 votes AGAINST, and 148,050 abstentions. Proposal No. 2, an advisory, non-binding vote on certain compensation payable to named executive officers in connection with the Merger, received 100,258,757 votes FOR, 8,988,480 votes AGAINST, and 499,769 abstentions. The filing notes this vote was non-binding in nature.

Proposal No. 3, which would have authorized adjournment of the special meeting if additional proxy solicitation were needed, received 98,103,626 votes FOR, 10,909,534 votes AGAINST, and 733,846 abstentions. The filing states that because Proposal No. 1 was approved and no supplement or amendment to the proxy statement was necessary, "the adjournment of the Special Meeting was not necessary and, accordingly, the Special Meeting was not adjourned." The company also issued a press release on August 20, 2026, announcing the shareholder approval, attached as Exhibit 99.1 to the filing.

What Was Disclosed

Leggett & Platt disclosed the voting results from its August 20, 2026 special shareholder meeting, confirming approval of its merger agreement with Somnigroup International Inc., along with advisory compensation and adjournment vote tallies, in a Form 8-K filed August 21, 2026.