Sachse Peter R 4
Research Summary
AI-generated summary
SOMNIGROUP (SGI) Director Peter R. Sachse Receives Award
What Happened
- Peter R. Sachse, a director of SOMNIGROUP INTERNATIONAL INC. (SGI), received an award of 2,657 restricted stock units (RSUs) on 2026-05-13. The grant price is reported as $0.00 (transaction code A — award/acquisition), so no cash was paid for the RSUs at grant. The filing lists the acquisition value as $0.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (appears timely).
- Grant size and price: 2,657 RSUs @ $0.00.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Each RSU represents the right to receive one share. The RSUs vest in full on the first anniversary of the grant date (per filing footnote).
- Transaction code: A = Award/Grant of equity (not an open-market purchase or sale).
Context
- RSUs are a form of equity compensation that convert to actual shares when they vest; this award does not represent an immediate sale or market purchase. The grant signals compensation/retention activity rather than an immediate trading view by the insider. Taxes and actual share issuance typically occur at vesting per the plan terms.