Sleep Number Corp. Files 8-K with Director, Officer, and Voting Updates

Ticker: SNBR · Form: 8-K · Filed: 2025-05-29T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, director-changes, shareholder-vote

Related Tickers: SNBR

TL;DR

SNBR filed an 8-K: director changes, officer comp, shareholder votes. Governance updates.

AI Summary

Sleep Number Corp. announced on May 28, 2025, several key events including the departure of directors, election of new directors, and changes in officer compensation. The company also reported on matters submitted to a vote of security holders and other events. The filing includes financial statements and exhibits.

Why It Matters

This 8-K filing provides crucial updates on corporate governance and potential strategic shifts, which could impact investor confidence and the company's future direction.

Risk Assessment

Risk Level: medium — Changes in directors and officers, along with shareholder votes, can indicate internal shifts or strategic realignments that may carry inherent risks.

Key Players & Entities

FAQ

What specific items were discussed under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'?

The filing indicates these topics were addressed, but the specific details of departures, elections, appointments, and compensatory arrangements are not provided in this summary section of the 8-K.

What was the nature of the 'Submission of Matters to a Vote of Security Holders'?

The filing states that matters were submitted to a vote of security holders, but the specific proposals or resolutions are not detailed in this overview.

Were there any 'Other Events' reported by Sleep Number Corp. on May 28, 2025?

Yes, the filing explicitly lists 'Other Events' as an item information category, though the specifics are not elaborated upon in this summary.

What is the SIC code for Sleep Number Corp.?

The Standard Industrial Classification (SIC) code for Sleep Number Corp. is 2510, which corresponds to HOUSEHOLD FURNITURE.

When did Sleep Number Corp. change its name from SELECT COMFORT CORP?

Sleep Number Corp. changed its name from SELECT COMFORT CORP on August 21, 1998 (19980821).

From the Filing

0000827187-25-000070.txt : 20250529 0000827187-25-000070.hdr.sgml : 20250529 20250529160212 ACCESSION NUMBER: 0000827187-25-000070 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250528 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250529 DATE AS OF CHANGE: 20250529 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: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25121 FILM NUMBER: 251003174 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-20250528.htm 8-K snbr-20250528 false 0000827187 0000827187 2025-05-28 2025-05-28 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):   May 28, 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 (e) As described below under Item 5.07, at the 2025 Annual Meeting of Shareholders of Sleep Number Corporation (the "Company") held on May 28, 2025 ("2025 Annual Meeting"), the Company’s shareholders approved an amendment to the Company's 2020 Equity Incentive Plan (the “2020 Plan”) to increase the number of shares reserved for issuance thereunder by 500,000 shares, which was previously approved by the Company’s Managemen

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