SomniGroup CEO granted 72,120 performance RSUs
SomniGroup International Inc. reported that CEO and President Thompson Scott L acquired 72,120 Performance Restricted Stock Units (PRSUs) as a grant with no cash price per unit.
Rhea-AI Filing Summary
SomniGroup International Inc. reported that CEO and President Thompson Scott L acquired 72,120 Performance Restricted Stock Units (PRSUs) as a grant with no cash price per unit. These PRSUs and related restricted stock units convert into common stock on a one-for-one basis.
The award relates to a target grant made on January 3, 2025, with payout from 0% to 300% of target based on adjusted EPS, adjusted EBITDA and qualitative Strategic Initiatives performance. The Board’s Human Resources/Capital and Talent Committee determined the payout metrics on February 26, 2026, resulting in the reported 72,120 PRSUs. The PRSUs vest in full on January 4, 2027.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units | 72,120 | $0.00 | $0.00 |
Footnotes (2)
- F1. Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.
- F2. On January 3, 2025, 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 26, 2026 resulting in the reported number of performance shares received. The PRSUs vest in full on January 4, 2027.
FAQ
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What insider transaction did SomniGroup (SGI) report for Thompson Scott L?
How many performance restricted stock units did SGI’s CEO receive?
When do the SomniGroup (SGI) performance RSUs granted to the CEO vest?
What performance metrics determine the SGI CEO’s PRSU award payout?
How do SomniGroup (SGI) performance RSUs convert into common stock?
Was there a purchase price for the SGI CEO’s 72,120 performance RSUs?
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