[Form 4] TEMPUR SEALY INTERNATIONAL, INC. Insider Trading Activity
Reporting person Cathy R. Gates disclosed a sale of 6,016 shares of SomniGroup International Inc. (SGI) on 09/05/2025 at a weighted-average price of $86.8481 per share. After the sale the filing shows the reporting person beneficially owned 38,575 shares directly. The Form 4 was signed by an attorney-in-fact on 09/08/2025 and includes a footnote stating the reported price is a weighted average for multiple transactions executed between $86.79 and $86.94, with the reporting person offering to provide detailed per-trade quantities upon request.
- Disclosure compliance: The insider filed a Form 4 documenting the transaction, including weighted-average price details and an offer to provide per-trade allocations on request.
- Clarity on pricing: The footnote specifies the sale prices ranged from $86.79 to $86.94, improving transparency about execution.
- Insider disposition: The reporting person sold 6,016 shares, reducing direct beneficial ownership to 38,575 shares.
Insights
TL;DR: Insider sale of 6,016 shares disclosed; routine Section 16 reporting and weighted-average pricing noted.
The Form 4 reports a direct disposition of 6,016 shares by Cathy R. Gates on 09/05/2025 at a weighted-average price of $86.8481, reducing direct beneficial ownership to 38,575 shares. The filing is procedural and complies with Section 16 reporting requirements. The weighted-average price footnote clarifies the sale occurred in multiple trades between $86.79 and $86.94 and that detailed allocations can be provided on request. There is no additional company operational or financial information in this filing to assess broader impact.
TL;DR: Disclosure shows transparent reporting of an insider sale; filing contains no governance changes or delegations of authority beyond power of attorney signature.
The Form 4 documents an individual insider sale and includes an attorney-in-fact signature dated 09/08/2025. The form indicates the reporting person is a director and that the transaction was a sale; it does not report any grants, option exercises, or changes to director status. As submitted, the disclosure fulfills filing obligations but conveys no information about changes in board composition, compensation arrangements, or company policy.