STOCK TITAN

Somnigroup (SGI) CEO sells 6,657 shares after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SOMNIGROUP INTERNATIONAL INC. insider Steven H. Rusing, President & CEO Mattress Firm, reported a mix of option exercises and share sales in Common Stock. On May 22, 2026, he exercised stock options to acquire 10,448 shares at an exercise price of $15.6100 per share, converting a derivative award into directly held stock.

That same day he sold a total of 6,657 shares in open-market transactions at reported prices of $67.4850 and $66.7927 per share, with a footnote noting a weighted average price and a range from $66.4850 to $67.10. After these transactions, he holds 299,660 shares of Common Stock directly and 22,400 shares indirectly through a family limited liability company. A footnote explains the exercised option was adjusted for a 4-for-1 stock split that occurred on November 24, 2020.

Positive

  • None.

Negative

  • None.

Insights

CEO exercised options and sold part of the resulting shares, retaining a sizable equity stake.

Steven H. Rusing exercised stock options for 10,448 shares of Somnigroup Common Stock at an exercise price of $15.6100. This converts a derivative award into common equity and, based on the empty derivativeSummary, appears to fully use that particular option grant before its January 4, 2028 expiration.

He then sold 6,657 shares in open-market transactions at prices reported as $67.4850 and $66.7927, with a footnote describing a weighted average and a range from $66.4850 to $67.10. After these trades he holds 299,660 shares directly plus 22,400 shares indirectly via a family limited liability company, indicating the reported sales represent only a portion of his total visible position.

Insider Rusing Steven H
Role President & CEO Mattress Firm
Sold 6,657 shs ($446K)
Type Security Shares Price Value
Exercise Stock Options (right to buy) 10,448 $0.00 --
Exercise Common Stock 10,448 $15.61 $163K
Sale Common Stock 5,357 $66.7927 $358K
Sale Common Stock 1,300 $67.485 $88K
holding Common Stock -- -- --
Holdings After Transaction: Stock Options (right to buy) — 0 shares (Direct, null); Common Stock — 306,317 shares (Direct, null); Common Stock — 22,400 shares (Indirect, Family limited liability company)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.4850 to $67.10. 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 sold at each separate price within the ranges set forth in this footnote. The option was previously reported as covering 10,451 shares at an exercise price of $62.45 per share, vesting in four annual installments on January 5, 2019, 2020, 2021 and 2022. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
Shares sold 6,657 shares Common Stock open-market sales on May 22, 2026
Sale prices $67.4850 and $66.7927 per share Reported prices for Common Stock sales
Options exercised 10,448 shares at $15.6100 Stock option exercise into Common Stock on May 22, 2026
Direct holdings after transaction 299,660 shares Common Stock directly owned after reported transactions
Indirect holdings 22,400 shares Common Stock held via family limited liability company
Option expiration date January 4, 2028 Expiration of exercised stock options before adjustment and exercise
Stock split ratio 4-for-1 Split on November 24, 2020 affecting option 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.
4-for-1 stock split financial
"adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020."
Stock Options (right to buy) financial
"security_title": "Stock Options (right to buy)" for the derivative transaction."
family limited liability company financial
"nature_of_ownership": "Family limited liability company" for indirect Common Stock holdings."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rusing Steven H

(Last)(First)(Middle)
C/O SOMNIGROUP INTERNATIONAL INC.
100 CRESCENT CT., SUITE 700

(Street)
DALLAS TEXAS 75201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SOMNIGROUP INTERNATIONAL INC. [ SGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & CEO Mattress Firm
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M10,448A$15.61306,317D
Common Stock05/22/2026S5,357D$66.7927(1)300,960D
Common Stock05/22/2026S1,300D$67.485299,660D
Common Stock22,400IFamily limited liability company
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (right to buy)$15.6105/22/2026M10,448 (2)01/04/2028Common Stock10,448$00D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.4850 to $67.10. 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 sold at each separate price within the ranges set forth in this footnote.
2. The option was previously reported as covering 10,451 shares at an exercise price of $62.45 per share, vesting in four annual installments on January 5, 2019, 2020, 2021 and 2022. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
Remarks:
/s/ Bhaskar Rao Attorney-in-Fact05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did SGI President & CEO Steven H. Rusing report?

Steven H. Rusing reported exercising stock options for 10,448 Somnigroup International shares at $15.6100 and selling 6,657 Common Stock shares in open-market trades around $67, while maintaining substantial direct and indirect share ownership after the transactions.

How many Somnigroup (SGI) shares did the CEO sell in the latest Form 4?

The CEO sold 6,657 shares of Somnigroup International Common Stock. These were executed in open-market transactions at reported prices of $67.4850 and $66.7927 per share, with a weighted average price within a disclosed $66.4850 to $67.10 range.

What stock options did the Somnigroup (SGI) CEO exercise and at what price?

He exercised stock options covering 10,448 Somnigroup International shares at an exercise price of $15.6100 per share. A footnote explains this option was adjusted for a 4-for-1 stock split on November 24, 2020, which changed both the share count and exercise price.

How many Somnigroup (SGI) shares does the CEO own after these transactions?

After the reported trades, Steven H. Rusing holds 299,660 Somnigroup International Common Stock shares directly. He also has indirect ownership of 22,400 shares through a family limited liability company, according to the Form 4 ownership details.

What does the weighted average price disclosure in the SGI Form 4 mean?

The Form 4 states the reported sale price is a weighted average across multiple trades. Individual sales occurred between $66.4850 and $67.10, and the insider undertakes to provide detailed trade-by-trade pricing information to the issuer, shareholders, or SEC staff upon request.