Tempur Sealy Form 144: Option exercise and sale of 18,812 shares
Rhea-AI Filing Summary
Tempur Sealy International, Inc. (TPX) is the subject of a Form 144 notice reporting the proposed sale of 18,812 common shares. The filing lists an aggregate market value of $1,473,380.30 for the shares and states there are 209,888,100 shares outstanding. The broker named is Morgan Stanley Smith Barney LLC and the securities are to be sold on the NYSE.
The table shows the shares were acquired and are being sold on 08/13/2025 through a stock option exercise, with payment noted as cash. The filer reports Nothing to Report for securities sold in the past three months and includes the standard representation that no undisclosed material adverse information is known.
Positive
- Disclosure is complete: The filing specifies acquisition method, number of shares, aggregate market value, broker, exchange, and payment method.
- No other recent sales reported: The form states "Nothing to Report" for securities sold in the past three months.
Negative
- None.
Insights
TL;DR: Form 144 discloses an exercised option and proposed sale of 18,812 TPX shares for $1.47M on NYSE via Morgan Stanley.
The filing documents a single transaction where 18,812 shares were acquired by stock option exercise and are proposed for sale the same date, with proceeds described as cash. The broker and exchange are specified, and the filer reports no other sales in the prior three months. For analysts, this is a transparent disclosure of an insider liquidity event rather than a corporate action; the filing provides the core facts necessary to track insider transactions.
TL;DR: Routine insider exercise and sale disclosed; paperwork meets Rule 144 disclosure requirements.
The form indicates compliance with Rule 144 reporting: the acquisition method (stock option exercise), amount (18,812 shares), aggregate value ($1,473,380.30), broker, and exchange are all specified. The filer also affirms there is no undisclosed material adverse information and shows no sales in the prior three months. From a governance standpoint, the filing appears complete and procedural.