Sleep Number (SNBR) CRO files Form 3 reporting zero share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sleep Number Corp executive Percy Kent Grayson, the newly reported Chief Restructuring Officer, filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows he holds no shares of Common Stock, with total beneficial ownership reported as zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Percy Kent Grayson
Role
Chief Restructuring Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Beneficial ownership: 0 shares
1 metrics
Beneficial ownership
0 shares
Total shares of Common Stock following report on June 11, 2026
Key Terms
Form 3, Chief Restructuring Officer, Common Stock
3 terms
Form 3 regulatory
"filed an initial Form 3 reporting his beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Chief Restructuring Officer financial
"Percy Kent Grayson, the newly reported Chief Restructuring Officer"
Common Stock financial
"he holds no shares of Common Stock, with total beneficial ownership"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does Percy Kent Grayson’s Form 3 filing mean for SNBR?
The Form 3 shows Chief Restructuring Officer Percy Kent Grayson currently reports no beneficial ownership of Sleep Number Corp common stock. Form 3 is an initial disclosure for insiders when they become subject to reporting requirements.
What insider role does Percy Kent Grayson hold at Sleep Number (SNBR)?
Percy Kent Grayson is identified as Chief Restructuring Officer of Sleep Number Corp in the Form 3. This officer position makes him a reporting person required to disclose his beneficial ownership of the company’s securities.
Does the Form 3 for SNBR show any recent insider buy or sell transactions?
No buy or sell activity is reported. The Form 3 is an initial ownership statement indicating zero shares of common stock after the report, rather than documenting purchases or sales like a Form 4 would.
What security class is covered in Percy Kent Grayson’s SNBR Form 3?
The Form 3 covers Common Stock of Sleep Number Corp. It reports that Percy Kent Grayson has no beneficial ownership in this security class, with total shares following the statement listed as 0.0000.