SomniGroup (SGI) director receives 2,657 RSUs vesting in one year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Madden Meredith Siegfried reported acquisition or exercise transactions in this Form 4 filing.
SomniGroup International Inc. director Meredith Siegfried Madden received a grant of 2,657 restricted stock units on May 13, 2026, at no cash cost. Each unit represents one share of common stock and vests in full on the first anniversary of the grant date, bringing her direct holdings to 17,780 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Madden Meredith Siegfried
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,657 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,780 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 2,657 units
Grant price per share: $0.0000 per share
Shares after transaction: 17,780 shares
+1 more
4 metrics
RSUs granted
2,657 units
Restricted stock units granted on May 13, 2026
Grant price per share
$0.0000 per share
Equity award, no cash paid by director
Shares after transaction
17,780 shares
Director’s direct holdings following the grant
Vesting schedule
1-year cliff vesting
RSUs vest in full on first anniversary of grant date
Key Terms
restricted stock unit, vest in full, grant date, grant, award, or other acquisition
4 terms
restricted stock unit financial
"Each restricted stock unit represents the right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest in full financial
"The restricted stock units vest in full on the first year anniversary of the grant date"
grant date financial
"The restricted stock units vest in full on the first year anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did SomniGroup (SGI) report for Meredith Siegfried Madden?
SomniGroup reported that director Meredith Siegfried Madden received 2,657 restricted stock units on May 13, 2026. Each unit represents one SomniGroup common share, granted at no cash cost as equity compensation and subject to a one-year vesting period from the grant date.
When do Meredith Siegfried Madden’s new SomniGroup (SGI) restricted stock units vest?
The 2,657 restricted stock units granted to Meredith Siegfried Madden vest in full on the first anniversary of the May 13, 2026 grant date. Once vested, each unit entitles her to receive one share of SomniGroup common stock, increasing her fully vested equity position.
What does transaction code "A" mean in this SomniGroup (SGI) Form 4?
In this Form 4, transaction code “A” indicates a grant, award, or other acquisition of equity. For SomniGroup, it reflects a director compensation grant of 2,657 restricted stock units, not a discretionary market trade, with shares delivered upon full vesting after one year.