Somnigroup (NASDAQ: SGI) CEO boosts stake with 30,000-share buy
Rhea-AI Filing Summary
SOMNIGROUP INTERNATIONAL INC. (SGI) reports that CEO and President Thompson Scott L purchased 30,000 shares of common stock on 2026-08-27 in an open-market or private transaction at a weighted average price of $62.8438 per share. After this purchase, he directly holds 4,123,634 shares of SGI common stock. The purchase price reflects multiple trades executed between $62.47 and $63.06 per share.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
1 txn
Insider
THOMPSON SCOTT L
Role
CEO & PRESIDENT
Bought
30,000 shs ($1.89M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 30,000 | $62.8438 | $1.89M |
Holdings After Transaction:
Common Stock — 4,123,634 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $62.47 to $63.06. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Key Figures
Shares purchased: 30,000 shares of Common Stock
Weighted average purchase price: $62.8438 per share
Price range of purchases: $62.47 to $63.06 per share
+1 more
4 metrics
Shares purchased
30,000 shares of Common Stock
Purchase on 2026-08-27 reported on Form 4
Weighted average purchase price
$62.8438 per share
Open-market or private purchase on 2026-08-27
Price range of purchases
$62.47 to $63.06 per share
Multiple transactions comprising the 30,000-share purchase
Shares owned after transaction
4,123,634 shares of Common Stock
Direct holdings of CEO Thompson Scott L following the purchase
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1 trading plan
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code P: Purchase in open market or private transaction"
Rule 10b5-1 trading plan regulatory
"The 10b5-1 affirmation checkbox indicates use of a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did SGI report for CEO Thompson Scott L?
SGI reported that CEO and President Thompson Scott L purchased 30,000 shares of common stock on 2026-08-27 in an open-market or private transaction at a weighted average price of $62.8438 per share.
Is the SGI CEO’s ownership direct or indirect after this transaction?
The Form 4 states that the CEO’s 4,123,634 shares of SGI common stock following the transaction are held with direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.