Sleep Number Corp. Files 8-K on Officer Changes and Financials

Ticker: SNBR · Form: 8-K · Filed: 2025-03-31T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, financial-reporting

Related Tickers: SNBR

TL;DR

SNBR filed an 8-K on 3/31/25 covering exec changes & financials.

AI Summary

Sleep Number Corp. filed an 8-K on March 31, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits, with the report being as of March 31, 2025.

Why It Matters

This filing provides updates on the company's leadership and financial reporting, which can impact investor confidence and strategic direction.

Risk Assessment

Risk Level: low — This is a routine filing reporting on corporate governance and financial statements, not indicating any immediate operational or financial distress.

Key Players & Entities

FAQ

What specific officer positions were affected by the changes reported in this 8-K?

The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but does not specify the exact positions in the provided text.

Were there any new directors elected to the Sleep Number Corp. board?

The filing lists 'Election of Directors' as an item, suggesting that director elections may have occurred, but specific names or details are not in the provided text.

What is the primary business of Sleep Number Corp. according to this filing?

Sleep Number Corp. is classified under 'HOUSEHOLD FURNITURE [2510]' and its business address is in Minneapolis, MN.

What is the fiscal year end for Sleep Number Corp.?

The fiscal year end for Sleep Number Corp. is December 28 (1228).

Does this 8-K filing include any information about executive compensation?

Yes, the filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as one of the items being reported.

From the Filing

0000827187-25-000030.txt : 20250331 0000827187-25-000030.hdr.sgml : 20250331 20250331160321 ACCESSION NUMBER: 0000827187-25-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250331 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250331 DATE AS OF CHANGE: 20250331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sleep Number Corp CENTRAL INDEX KEY: 0000827187 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] ORGANIZATION NAME: 04 Manufacturing EIN: 411597886 STATE OF INCORPORATION: MN FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25121 FILM NUMBER: 25793051 BUSINESS ADDRESS: STREET 1: 1001 THIRD AVENUE SOUTH CITY: MINNEAPOLIS STATE: MN ZIP: 55404 BUSINESS PHONE: 7635517000 MAIL ADDRESS: STREET 1: 1001 THIRD AVENUE SOUTH CITY: MINNEAPOLIS STATE: MN ZIP: 55404 FORMER COMPANY: FORMER CONFORMED NAME: SELECT COMFORT CORP DATE OF NAME CHANGE: 19980821 8-K 1 snbr-20250331.htm 8-K snbr-20250331 false 0000827187 0000827187 2025-03-31 2025-03-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):   March 31, 2025   SLEEP NUMBER CORP ORATION (Exact name of registrant as specified in its charter) Minnesota (State or other jurisdiction of incorporation) 000-25121 41-1597886 (Commission File Number) (IRS Employer Identification No.) 1001 Third Avenue South , Minneapolis , MN    55404 (Address of principal executive offices) (Zip Code)   ( 763 ) 551-7000 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   SNBR   Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. Amendment to Offer Letter between Sleep Number Corporation and Linda Findley, appointing her as President, Chief Executive Officer and Director On March 5, 2025, Sleep Number Corporation (the “Company”) announced that the Board of Directors unanimously appointed Linda Findley to the position of President and Chief Executive Officer and Board member, effective as of April 7, 2025. Ms. Findley accepted the appointment on March 3, 2025. The details of Ms. Findley’s offer letter (the “Offer Letter”) were set forth i

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