Somnigroup officer discloses gift of 2,700 SGI common shares
Somnigroup International Inc. filed an insider transaction report showing that an officer, identified as CEO of Tempur Sealy, gifted 2,700 shares of SGI common stock on 12/12/2025.
Rhea-AI Filing Summary
Somnigroup International Inc. filed an insider transaction report showing that an officer, identified as CEO of Tempur Sealy, gifted 2,700 shares of SGI common stock on 12/12/2025. The transaction was coded "G" and reported at a price of $0.00 per share, reflecting a charitable donation to a foundation in which he has no beneficial ownership.
After this gift, the reporting person is shown as beneficially owning 286,679 SGI shares indirectly through the Buster Family Trust, where he is trustee and his spouse is the sole beneficiary, and 210,621 SGI shares directly. The report is filed as a Form 4 for a single reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,700 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. These shares of SGI common stock are held by a family trust of which the reporting person is trustee. The reporting person's spouse is the sole beneficiary of the trust.
FAQ
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What insider transaction did Somnigroup International Inc. (SGI) report?
What is the relationship between the Somnigroup officer and the Buster Family Trust?
Is this Somnigroup International Inc. (SGI) Form 4 filed by more than one reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.