Filing Details
- Accession Number:
- 0001206264-25-000067
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-04 17:21:31
- Reporting Period:
- 2025-02-28
- Filing Date:
- 2025-03-04
- Accepted Time:
- 2025-03-04 17:21:31
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1206264 | Somnigroup International Inc. | SGI | Household Furniture (2510) | 331022198 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1272798 | David Montgomery | C/O Somnigroup International Inc. 1000 Tempur Way Lexington KY 40511 | Evp Global Business Strategy | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2025-03-03 | 50,000 | $17.38 | 908,624 | No | 4 | M | Direct | |
Common Stock | Disposition | 2025-03-03 | 32,785 | $62.88 | 875,839 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance Restricted Stock Units | Acquisiton | 2025-02-28 | 12,592 | $0.00 | 12,592 | $0.00 |
Common Stock | Stock Option (right to buy) | Disposition | 2025-03-03 | 50,000 | $0.00 | 50,000 | $17.38 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,592 | No | 4 | A | Direct | ||
63,384 | 2027-01-04 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.6850 to $63.11. 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.
- On January 4, 2024, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EPS, adjusted EBITDA and qualitative Strategic Initiatives performance. The Human Resources/Capital and Talent Committee of the Board of Directors determined the payout for each metric on February 28, 2025 resulting in the reported number of performance shares received. The PRSUs vest in approximately three equal installments on January 4, 2026, 2027 and 2028.
- The option was previously reported as covering 53,346 shares at an exercise price of $69.50 per share, vesting in four annual installments on January 5, 2018, 2019, 2020 and 2021. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.