Somnigroup (SGI) CEO discloses stock unit vesting, share sales and new RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Somnigroup International Inc. CEO, President and Director reported several equity transactions on January 2, 2026. He exercised 71,762 restricted stock units and 100,748 performance restricted stock units into common stock at an exercise price of $0, reflecting previously granted awards that vested. To cover taxes, he disposed of 28,239 shares and 39,726 shares of common stock at a price of $88.74 per share. After these transactions, he directly owned 4,093,634 shares of common stock. He also received a new grant of 56,345 restricted stock units, which are scheduled to vest in full on January 4, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
172,510 shares exercised/converted
Mixed
7 txns
Insider
THOMPSON SCOTT L
Role
CEO & PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,762 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 100,748 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 56,345 | $0.00 | -- |
| Exercise | Common Stock | 71,762 | $0.00 | -- |
| Tax Withholding | Common Stock | 28,239 | $88.74 | $2.51M |
| Exercise | Common Stock | 100,748 | $0.00 | -- |
| Tax Withholding | Common Stock | 39,726 | $88.74 | $3.53M |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct);
Common Stock — 4,060,851 shares (Direct)
Footnotes (1)
- Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. On January 3, 2025, the reporting person was granted 71,762 restricted stock units, vesting in full on January 4, 2026. On January 4, 2024, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EPS, adjusted EBITDA and qualitative Strategic Initiatives performance. The Human Resources/Capital and Talent Committee of the Board of Directors determined the payout for each metric on February 28, 2025 resulting in the reported number of performance shares received. The PRSUs vest in full on January 4, 2026. On January 2, 2026, the reporting person was granted 56,345 restricted stock units, vesting in full on January 4, 2027.