Somnigroup (SGI) director awarded 2,657 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOMNIGROUP INTERNATIONAL INC. director Christopher Thomas Cook received a grant of 2,657 shares of common stock in the form of restricted stock units. These units vest in full on the first anniversary of the grant date and will then convert into shares. Following this equity award, Cook holds 124,110 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook Christopher Thomas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,657 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 124,110 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 2,657 shares
Grant price: $0.00 per share
Post-transaction holdings: 124,110 shares
+1 more
4 metrics
RSU grant
2,657 shares
Restricted stock units granted to director on May 13, 2026
Grant price
$0.00 per share
Compensation-related equity award, not open-market purchase
Post-transaction holdings
124,110 shares
Total common shares held directly after the grant
Vesting schedule
1 year
Restricted stock units vest in full on first anniversary
Key Terms
restricted stock unit, vest in full, Grant, award, or other acquisition
3 terms
restricted stock unit financial
"Each restricted stock unit represents the right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest in full financial
"The restricted stock units vest in full on the first year anniversary of the grant date"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did SOMNIGROUP (SGI) report for Christopher Thomas Cook?
Christopher Thomas Cook received an equity award of 2,657 restricted stock units. These represent future rights to common shares and are part of his director compensation, not an open-market purchase or sale, and carry a grant price of $0.00 per share.
What are the terms of the restricted stock units granted to the SGI director?
Each restricted stock unit gives the right to receive one share of SOMNIGROUP common stock. The units vest in full on the first anniversary of the grant date, meaning Cook will receive all underlying shares if he satisfies the vesting conditions.
Does this SGI Form 4 indicate a buy or sell decision in the open market?
The Form 4 shows an acquisition by grant, not an open-market trade. The transaction code is “A” for grant, award, or other acquisition, reflecting compensation rather than a discretionary buy or sell in the public market.