Somnigroup International (SGI) leader reports 22,039-share charitable gift
Rhea-AI Filing Summary
Somnigroup International Inc. reported an insider stock transfer in a Form 4. A reporting person who serves as both Director and CEO & President made a charitable gift of 22,039 shares of Somnigroup common stock on 12/01/2025, coded as a gift transaction. The shares were transferred at a stated price of $0 per share.
Following this gift, the reporting person beneficially owns 3,989,089 shares of Somnigroup common stock, held directly. The explanation notes that the shares were given to a charitable foundation and that the reporting person no longer has beneficial ownership because they have no beneficial ownership interest in that foundation.
Positive
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Negative
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FAQ
What insider transaction did Somnigroup International Inc. (SGI) report?
A Somnigroup International Inc. insider filed a Form 4 disclosing a gift of 22,039 shares of common stock to a charitable foundation on 12/01/2025.
How many Somnigroup (SGI) shares did the insider gift and at what price?
The reporting person gifted 22,039 shares of Somnigroup common stock at a stated price of $0 per share, reflecting a charitable transfer.
How many Somnigroup International shares does the insider own after the reported transaction?
After the reported gift, the insider beneficially owns 3,989,089 shares of Somnigroup International Inc. common stock, held in direct ownership.
What is the insider’s role at Somnigroup International Inc. (SGI)?
The reporting person is both a Director and an Officer of Somnigroup International Inc., serving as CEO & President.
Who received the Somnigroup shares that were transferred?
The 22,039 shares were gifted to a charitable foundation. The filing states the reporting person no longer has beneficial ownership because they have no beneficial ownership interest in that foundation.
Was the Somnigroup (SGI) insider transaction part of a purchase or sale for value?
No. The Form 4 codes the transaction as a gift with a reported price of $0 per share, indicating no sale proceeds to the insider.