This is a routine Form 3 with no trading activity. Monitor for subsequent Form 4 filings if Glassman acquires shares, which would signal insider conviction. The appointment itself is neutral for SGI stock.
Price Chart
Executive Summary
Karl G. Glassman, CEO of Leggett & Platt (a key supplier to SomniGroup), filed a Form 3 initial statement of beneficial ownership in SomniGroup International Inc. (SGI) on August 28, 2026, reporting zero shares owned. This is a routine administrative filing required upon becoming a 10% owner or officer/director, but the zero-share disclosure and Glassman's role as CEO of a major industry partner suggest a board appointment or consulting role rather than a direct equity investment. No shares were acquired, so there is no insider buying signal.
Key Facts
- Karl G. Glassman filed a Form 3 for SGI on 2026-08-28, reporting 0 shares beneficially owned.
- Glassman is CEO of Leggett & Platt, a major supplier to the bedding/furniture industry.
- The filing is an initial statement of ownership, typically triggered by becoming an officer, director, or 10% holder.
- No stock was purchased or sold — the filing reflects a reporting obligation, not a market transaction.
Financial Impact
No financial impact — zero shares reported, no transaction occurred.
Risk Factors
- No direct risk from this filing; it is purely administrative.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (SGI) — Batch item 1 | 0001166334-26-000007 |
| Document: 0001166334-26-000007-index.html | 0001166334-26-000007 |
| Document: 0001166334-26-000007.txt | 0001166334-26-000007 |
| 3 Filing (SGI) — Batch item 4 | 0001166334-26-000007 |
| Document: 0001166334-26-000007-index.html | 0001166334-26-000007 |
| Document: 0001166334-26-000007.txt | 0001166334-26-000007 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 5w ago | 3 | $64.75 $62.26 | ▼ −3.85% | ▼ −3.66% | $61.97 (−4.29%) |
Aug 27, 2026 5w ago | Insider Buy | $62.48 $62.15 | ▼ −0.53% | ▼ −0.42% | $61.97 (−0.82%) |
Aug 26, 2026 5w ago | 8-K | $62.83 $63.36 | ▲ +0.84% | ▼ −0.36% | $61.97 (−1.37%) |
Aug 25, 2026 5w ago | 8-K | $64.09 $62.87 | ▼ −1.90% | ▼ −2.88% | $61.97 (−3.31%) |
Jul 27, 2026 9w ago | 8-K | $72.10 $64.09 | ▼ −11.11% | ▼ −14.49% | $61.97 (−14.05%) |
Jul 15, 2026 11w ago | Press Release | $73.27 $64.25 | ▼ −12.31% | ▼ −14.65% | $61.97 (−15.42%) |
Jul 10, 2026 12w ago | EFFECT | $73.55 $65.25 | ▼ −11.28% | ▼ −13.71% | $61.97 (−15.74%) |
Jun 24, 2026 14w ago | S-4 | $78.59 $68.85 | ▼ −12.39% | ▼ −12.92% | $61.97 (−21.15%) |
Jun 4, 2026 17w ago | 425 | $69.63 $78.43 | ▲ +12.64% | ▲ +14.01% | $61.97 (−11.00%) |
Jun 4, 2026 17w ago | 8-K | $69.63 $78.43 | ▲ +12.64% | ▲ +14.01% | $61.97 (−11.00%) |
US Market Status
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