THOMPSON SCOTT L 4
4 · SOMNIGROUP INTERNATIONAL INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
SOMNIGROUP (SGI) CEO Scott L. Thompson Receives 72,120 RSUs
What Happened Scott L. Thompson, CEO, President and a director of SOMNIGROUP INTERNATIONAL INC. (SGI), was granted/received 72,120 performance/restricted stock units (derivative award) on February 26, 2026. The units were awarded at $0.00 per share (no cash paid). These are equity compensation awards (not an open-market purchase or sale).
Key Details
- Transaction date and type: 2026-02-26 — Award/Grant of 72,120 performance restricted stock units (Form 4 code A).
- Price/value: $0.00 per share; total reported cash consideration $0 (compensation award).
- Vesting/conversion: PRSUs and RSUs convert one-for-one into common stock; the PRSUs vest in full on January 4, 2027 (per footnotes).
- Origin of award: Target PRSUs were granted Jan 3, 2025; payout (0–300% of target) was determined by the board committee on Feb 26, 2026 based on adjusted EPS, adjusted EBITDA and Strategic Initiatives, producing the reported number (footnote).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Filing date 2026-03-02 for a 2026-02-26 transaction — filed within the standard two business-day window.
Context This is a compensation-related equity award reflecting the settled performance payout from a prior grant rather than a market buy or sale. Such awards are common for executives and represent potential future shares if vesting conditions are met; they do not indicate an immediate cash purchase or sale by the insider.
Insider Transaction Report
- Award
Performance Restricted Stock Units
[F1][F2]2026-02-26+72,120→ 72,120 totalExercise: $0.00→ Common Stock (72,120 underlying)
Footnotes (2)
- [F1]Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.
- [F2]On January 3, 2025, 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 26, 2026 resulting in the reported number of performance shares received. The PRSUs vest in full on January 4, 2027.