SomniGroup Intl. DEF 14A: Executive Comp & Equity Awards
Ticker: SGI · Form: DEF 14A · Filed: 2025-03-31T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, corporate-governance, equity-awards, sec-filing
TL;DR
SomniGroup DEF 14A out: exec comp details, equity awards for PEOs in 2024.
AI Summary
SomniGroup International Inc. (formerly Tempur Sealy International, Inc.) filed a DEF 14A on March 31, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on equity awards, option grants, and changes in the fair value of outstanding equity awards for its principal executive officers (PEOs).
Why It Matters
This filing provides transparency into how SomniGroup compensates its top executives and the value of equity awards granted, which can influence investor perception of management alignment with shareholder interests.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing providing standard disclosure on executive compensation and corporate governance, with no immediate financial risks indicated.
Key Numbers
- 2024 — Fiscal Year (Reporting period for executive compensation and equity awards.)
- 20250331 — Filing Date (Date the DEF 14A was filed with the SEC.)
Key Players & Entities
- SomniGroup International Inc. (company) — Filer
- Tempur Sealy International, Inc. (company) — Former Company Name
- 331022198 (dollar_amount) — EIN
- 20250331 (date) — Filing Date
- 2024-12-31 (date) — Fiscal Year End
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose is to provide detailed information regarding the company's executive compensation, corporate governance, and other matters for shareholder voting at the annual meeting.
What is the former name of SomniGroup International Inc. mentioned in the filing?
The filing states that the former name of SomniGroup International Inc. was Tempur Sealy International, Inc., with a name change date of June 14, 2013.
What fiscal year does the compensation information primarily relate to?
The compensation information and equity award details in this filing primarily relate to the fiscal year ending December 31, 2024.
What is the company's business address?
The company's business address is 1000 Tempur Way, Lexington, KY 40511.
What is the SIC code for SomniGroup International Inc.?
The Standard Industrial Classification (SIC) code for SomniGroup International Inc. is 2510, which corresponds to Household Furniture.
From the Filing
0001206264-25-000098.txt : 20250331 0001206264-25-000098.hdr.sgml : 20250331 20250331160529 ACCESSION NUMBER: 0001206264-25-000098 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 28 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250331 DATE AS OF CHANGE: 20250331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOMNIGROUP INTERNATIONAL INC. CENTRAL INDEX KEY: 0001206264 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] ORGANIZATION NAME: 04 Manufacturing EIN: 331022198 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-31922 FILM NUMBER: 25793123 BUSINESS ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 BUSINESS PHONE: 800-878-8889 MAIL ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 FORMER COMPANY: FORMER CONFORMED NAME: TEMPUR SEALY INTERNATIONAL, INC. DATE OF NAME CHANGE: 20130614 FORMER COMPANY: FORMER CONFORMED NAME: TEMPUR PEDIC INTERNATIONAL INC DATE OF NAME CHANGE: 20031202 FORMER COMPANY: FORMER CONFORMED NAME: TWI HOLDINGS INC DATE OF NAME CHANGE: 20021119 DEF 14A 1 sgi-20250331.htm SSGI 2025 DEF 14A sgi-20250331 0001206264 DEF 14A false iso4217:USD iso4217:USD xbrli:shares 0001206264 2024-01-01 2024-12-31 0001206264 4 2024-01-01 2024-12-31 0001206264 2023-01-01 2023-12-31 0001206264 2022-01-01 2022-12-31 0001206264 2021-01-01 2021-12-31 0001206264 2020-01-01 2020-12-31 0001206264 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 sgi:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001206264 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 sgi:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001206264 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 sgi:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001206264 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001206264 sgi:AggregateGrantDateFairValueOfOptionAwardAmountsReportedInSummaryCompensationTableMember ecd:PeoM