First, it's superfluous: when the guitar is hanging by the headstock, it's already plenty secure thanks to the cushy padding, and anything that might knock it out of the stand would knock the whole stand over first.

Durable foam padding protects your guitar, top and bottom, from harm as well

The Hercules GS414B guitar stand is well made, stable, holds the guitar securely, and has appropriate padding so it won't damage the instrument

It has padded legs to protect the body of your guitar as well as padding at the top to protect the head of your guitar.

Soft, protective padding, a firm base, and a simple locking mechanism protects your guitar better than any stand out there

Very happy with this stand, it holds my Spector 5 string and my Fender Big Block P-Bass like a new born baby