Somnigroup International (SGI) CEO details RSU, PRSU activity and new grant
Rhea-AI Filing Summary
Somnigroup International Inc.'s CEO of Tempur Sealy reported multiple equity transactions on January 2, 2026. Several blocks of common stock were acquired at $0 through the vesting and conversion of restricted stock units and performance restricted stock units, and portions of these shares were disposed of at $88.74 per share, typically to cover related obligations.
After these transactions, the CEO directly owned 248,334 shares of Somnigroup common stock and indirectly held 286,679 shares through the Buster Family Trust. The filing also shows a new grant of 14,086 restricted stock units, which are scheduled to vest in four annual installments on January 4, 2027, 2028, 2029 and 2030. Performance awards referenced in the filing are based on metrics such as adjusted EBITDA, adjusted EPS, relative TSR percentile and qualitative ESG or strategic initiatives performance.
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FAQ
What insider transaction did Somnigroup International (SGI) report for January 2, 2026?
The CEO of Tempur Sealy reported multiple transactions in Somnigroup International Inc. common stock on January 2, 2026, including shares acquired at $0 from vesting restricted stock units and performance restricted stock units, and shares sold at $88.74 per share.
How many Somnigroup (SGI) shares does the CEO directly and indirectly own after these transactions?
Following the reported transactions, the CEO directly owned 248,334 shares of Somnigroup common stock and indirectly held 286,679 shares through the Buster Family Trust.
What new equity award was granted to the Somnigroup (SGI) CEO on January 2, 2026?
On January 2, 2026, the CEO received a grant of 14,086 restricted stock units, which vest in four annual installments on January 4, 2027, 2028, 2029 and 2030.
At what price were Somnigroup (SGI) shares sold in the reported Form 4 transactions?
Shares of Somnigroup common stock reported as disposed of in the filing were sold at a price of $88.74 per share.
What are the key performance metrics for Somnigroup (SGI) performance restricted stock units mentioned?
The performance restricted stock units referenced use metrics including adjusted EBITDA, adjusted EPS, Relative TSR Percentile and qualitative ESG or Strategic Initiatives performance to determine payouts.
Who controls the indirect Somnigroup (SGI) holdings reported in the Form 4?
The 286,679 indirect shares of Somnigroup common stock are held by the Buster Family Trust, where the reporting person is trustee and the reporting person’s spouse is the sole beneficiary.