BUSTER H CLIFFORD III 4

What Happened

• Buster H. Clifford III, identified as CEO of Tempur Sealy, was granted 22,536 performance/restricted stock units (derivative award) on February 26, 2026. The units were reported as acquired at $0.00 (an award/grant rather than an open‑market purchase). Per the filing, the PRSUs/RSUs convert into common shares on a one‑for‑one basis.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within the standard two business‑day window).
• Transaction type/code: A = Award/Grant (derivative securities reported).
• Shares/units received: 22,536 PRSUs/RSUs reported at $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — PRSUs/RSUs convert 1:1 into common stock. F2 — These PRSUs trace back to a Jan 3, 2025 target grant with payout (0–300% of target) tied to adjusted EPS, adjusted EBITDA, and Strategic Initiatives; the Human Resources/Capital and Talent Committee determined the payout on Feb 26, 2026 that produced the reported amount. The PRSUs vest in approximately three equal installments on Jan 4, 2027, 2028 and 2029.

Context

• This was an equity award (not a purchase or sale). Awards like PRSUs are compensation and subject to future vesting and performance conditions, so they do not represent an immediate market buy/sell signal. The filing shows no immediate sale or cashless exercise tied to these units.