Cook Christopher Thomas 4
Research Summary
AI-generated summary
SomniGroup (SGI) Director Christopher Cook Receives RSU Award
What Happened
- Christopher Thomas Cook, a director of SomniGroup International Inc. (SGI), was granted 2,657 restricted stock units (RSUs) on 2026-05-13. The Form 4 reports an acquisition code "A" (award) at $0.00 per unit (reported value $0) — the award is a grant of future shares, not an open-market purchase.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (appears within the standard two-business-day Form 4 filing window).
- Security: 2,657 restricted stock units (each RSU converts to one share upon vesting).
- Reported acquisition price: $0.00 (grant/award).
- Vesting: RSUs vest in full on the first anniversary of the grant (per footnote F1).
- Shares owned after transaction: not specified in the filing.
- Accession number: 0001620246-26-000003.
Context
- RSUs are a compensation/retention award; the recipient pays no cash now and receives shares only after vesting (here, in one year). This is not a sale or open-market purchase and does not represent an immediate cash investment or liquidation by the insider.