SomniGroup (SGI) President HAGALE JAMES TYSON Receives Awards

What Happened
HAGALE JAMES TYSON (listed as President — Leggett & Platt) was credited with a total of 71,123 shares of SomniGroup common stock on August 26, 2026. The awards were reported as grants/assumed equity (transaction code A) and arose from the merger of Leggett & Platt into SomniGroup’s Merger Sub; the reporting person received SomniGroup stock in exchange for 61,706 shares of Leggett common stock and for previously granted Leggett RSUs/PSUs. No per-share price was reported (N/A).

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (appears timely).
• Total shares reported acquired: 71,123 shares (sum of multiple award/derivative entries).
• These entries are mostly derivative/assumed awards (RSUs and PSUs converted under the merger), not open-market purchases or sales.
• Major footnotes: the awards resulted from the Merger Agreement converting Leggett shares and employee RSUs/PSUs into SomniGroup common stock or SomniGroup restricted stock units. Several PSU awards were deemed achieved at 200% of target and converted into time-based RSUs.
• Vesting/cash-settlement highlights:
  • 2026 Assumed RSU Awards: vest in ~3 equal installments on 2/26/2027, 2/26/2028 and 2/26/2029 (F10).
  • 2024 Assumed RSU Awards: vest on 2/26/2027 (F4).
  • 2025 Assumed RSU Awards: vest in two approx. equal installments on 2/28/2027 and 2/28/2028 (F7).
  • Portions of the 2024, 2025 and 2026 Assumed PSU Awards that were originally cash-settled will be paid in cash equal to the closing price on the PSU vesting date (vesting dates at year‑end) and paid by the following March 15 (see F3, F6, F9).
• Shares owned after the transaction: not disclosed on the Form 4.

Context
These entries reflect equity awards and the conversion/assumption of Leggett compensation packages into SomniGroup restricted stock units as part of the merger — i.e., corporate-transaction-driven awards rather than a voluntary buy or sale by the executive. Some converted awards will settle in shares over future vesting dates; some portions will be cash-settled per the original award terms. Such merger-related awards are routine in M&A contexts and do not by themselves indicate the insider is buying or selling stock for personal investment reasons.