Simon Dyer of SOMNIGROUP (SGI) exercises RSUs, withholds shares for taxes and reports indirect holdings
Rhea-AI Filing Summary
SOMNIGROUP INTERNATIONAL INC. director Simon Dyer reported several equity compensation transactions in company stock. On May 14, 2026, he exercised 2,337 restricted stock units, converting them into the same number of common shares on a one-for-one basis, and a portion of the resulting shares was used to satisfy tax obligations.
Specifically, 702 common shares were disposed of at $64.49 per share in a tax-withholding disposition, while his direct common stock holdings increased, with 11,582 shares shown as held directly after the exercise. On May 13, 2026, he also received a grant of 2,657 restricted stock units, each representing the right to receive one common share that vests in full on the first anniversary of the grant date.
The filing further shows 36,800 common shares held indirectly through Madad Investments Pty Ltd, an entity for which Dyer, as a shareholder, has sole control over investment and voting decisions.
Positive
- None.
Negative
- None.
Insights
Routine equity compensation activity with tax withholding and no open-market trades.
Director Simon Dyer exercised 2,337 restricted stock units into common stock and received a new grant of 2,657 RSUs. A 702-share disposition at $64.49 per share covered tax obligations, a standard mechanism rather than an open-market sale.
Post-transaction, the filing shows 11,582 common shares held directly and 36,800 shares held indirectly via Madad Investments Pty Ltd, where he controls investment and voting decisions. With no remaining derivative positions listed and no open-market buying or selling, these appear to be routine compensation and tax events rather than directional trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,337 | $0.00 | -- |
| Exercise | Common Stock | 2,337 | $0.00 | -- |
| Tax Withholding | Common Stock | 702 | $64.49 | $45K |
| Grant/Award | Restricted Stock Units | 2,657 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. The reporting person is a shareholder of Madad Investment Pty Ltd and has sole control over the investment and voting decisions of the entity. Each restricted stock unit represents the right to receive one share of common stock of the issuer as described in the next sentence. The restricted stock units vest in full on the first year anniversary of the grant date.