Rao Bhaskar 4

What Happened
Rao Bhaskar, Chief Financial Officer of SOMNIGROUP INTERNATIONAL INC. (SGI), was granted/received 13,975 performance-restricted stock units (PRSUs/RSUs) reported as a derivative award on Feb 26, 2026. The shares were recorded at $0.00 acquisition price (no cash paid at grant); the reported value at acquisition is $0. These awards reflect the payout of a previously granted performance award rather than an open-market purchase or sale.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (filed within the two-business-day reporting window).
• Reported amount: 13,975 PRSUs/RSUs acquired; reported price $0.00 (derivative award).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — PRSUs/RSUs convert one-for-one into common stock. F2 — These were originally a target-number performance grant dated Jan 3, 2025 with payout 0–300% based on adjusted EPS, adjusted EBITDA and qualitative Strategic Initiatives; the Human Resources/Capital and Talent Committee determined the payout on Feb 26, 2026. The PRSUs vest in roughly three equal installments on Jan 4, 2027, 2028 and 2029.
• No indication of tax withholding, 10b5-1 plan, or late filing in the Form 4.

Context
This was a performance-based equity award vesting over future dates rather than a cash purchase or immediate sale. Such awards reflect compensation tied to company performance metrics; they do not by themselves indicate insider buying or selling sentiment. The PRSUs will convert to common shares one-for-one as they vest per the stated schedule.