Sleep Number EVP receives 55,804-share stock grant

Sleep Number Corp executive Melissa Barra reported routine equity compensation transactions.

Rhea-AI Filing Summary

Sleep Number Corp executive Melissa Barra reported routine equity compensation transactions. On 3/16/26, she received a grant of 55,804 shares of common stock, increasing her direct holdings. On the same date, 5,557 shares were withheld at $3.45 per share to cover estimated tax obligations on vesting shares, rather than sold in the market.

After these transactions, she directly holds 168,190 shares of common stock. Her reported holdings include 86,678 restricted stock units that are scheduled to vest over time, reflecting a mix of currently owned shares and time-based awards tied to continued service.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Barra Melissa

Role EVP, Chief Sales & Services

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	55,804	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	5,557	$3.45	$19K

Holdings After Transaction: Common Stock — 168,190 shares (Direct)

Footnotes (2)

1. F1. On 3/16/26, 18,806 shares vested from a restricted stock award. These shares were withheld from the vesting to cover the reporting person's estimated tax obligation.
2. F2. Includes 86,678 restricted stock units that will vest over time.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Sleep Number (SNBR) executive Melissa Barra report?

Melissa Barra reported a share grant and a tax-related share withholding. She received 55,804 Sleep Number common shares as an equity award, and 5,557 shares were withheld at $3.45 per share to cover estimated taxes on vested restricted stock.

How many Sleep Number (SNBR) shares does Melissa Barra hold after the Form 4?

After the reported transactions, Melissa Barra directly holds 168,190 Sleep Number common shares. This figure includes her updated ownership following the equity grant and the 5,557 shares withheld to satisfy estimated tax obligations related to restricted stock vesting.

Was the 5,557-share disposition by Melissa Barra a market sale of SNBR stock?

The 5,557-share disposition was not an open-market sale. These shares were withheld by Sleep Number to satisfy Melissa Barra’s estimated tax liability on 18,806 vested restricted shares, as described in the filing’s footnote, which characterizes it as a tax-withholding transaction.

What role does Melissa Barra hold at Sleep Number (SNBR) according to the Form 4?

Melissa Barra is identified as Executive Vice President, Chief Sales & Services at Sleep Number. The Form 4 shows her equity compensation activity, reflecting how part of her pay package is tied to Sleep Number common stock and restricted stock units that vest over time.

How many restricted stock units does Melissa Barra have at Sleep Number (SNBR)?

Her reported holdings include 86,678 restricted stock units that will vest over time. These RSUs represent additional potential Sleep Number shares that become owned as vesting conditions are met, complementing her existing directly owned common stock position.

What type of acquisition is reported for Melissa Barra’s new SNBR shares?

The acquisition is classified as a grant or award transaction. On 3/16/26, Melissa Barra received 55,804 shares of Sleep Number common stock at no stated purchase price, reflecting stock-based compensation rather than an open-market purchase of shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/18/2026 - 04:34 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Barra Melissa

(Last) (First) (Middle)

1001 THIRD AVENUE SOUTH

(Street)

MINNEAPOLIS MINNESOTA 55404

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sleep Number Corp [ SNBR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Sales & Services

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		A		55,804	A	$0	173,747	D
Common Stock	03/16/2026		F		5,557(1)	D	$3.45	168,190(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On 3/16/26, 18,806 shares vested from a restricted stock award. These shares were withheld from the vesting to cover the reporting person's estimated tax obligation.

2. Includes 86,678 restricted stock units that will vest over time.

Remarks:

	/s/ Melissa Barra, by Brandon Rykkeli, attorney-in-fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)