Somnigroup International CEO gifts 22,039 shares to charity
Somnigroup International Inc. reported an insider stock transfer in a Form 4.
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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 22,039 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person gifted the shares to a charitable foundation. The reporting person no longer has beneficial ownership of such shares as he has no beneficial ownership interest in the charitable foundation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.