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Sleep Number (SNBR) director Julie Howard sells 10,585 shares in open-market trade

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sleep Number Corp director Julie Howard reported an open-market sale of company stock. She sold 10,585 shares of Sleep Number common stock in a single transaction on 2026-06-22 at a price of $0.1346 per share. After this sale, she directly holds 37,580 shares of Sleep Number common stock, indicating she retains a meaningful ongoing ownership stake in the company.

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Insider HOWARD JULIE
Role null
Sold 10,585 shs ($1K)
Type Security Shares Price Value
Sale Common Stock 10,585 $0.1346 $1K
Holdings After Transaction: Common Stock — 37,580 shares (Direct, null)
Footnotes (1)
Shares sold 10,585 shares Open-market sale on June 22, 2026
Sale price $0.1346 per share Price for Sleep Number common stock in the reported sale
Shares owned after sale 37,580 shares Direct holdings following the June 22, 2026 transaction
open-market sale financial
"She sold 10,585 shares of Sleep Number common stock in a single transaction on"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"She sold 10,585 shares of Sleep Number common stock in a single transaction"
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.
Form 4 regulatory
"After the reported sale, Julie Howard directly owns 37,580 Sleep Number shares."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
HOWARD JULIE
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/22/2026S10,585D$0.134637,580D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Julie M. Howard by Kelly F. Baker, attorney-in-fact06/23/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sleep Number (SNBR) director Julie Howard report?

Julie Howard reported an open-market sale of Sleep Number common stock. She sold 10,585 common shares on June 22, 2026 at a price of $0.1346 per share and continues to hold 37,580 shares directly after the transaction.

How many Sleep Number (SNBR) shares did Julie Howard sell and at what price?

Julie Howard sold 10,585 Sleep Number common shares at $0.1346 each. The transaction was reported as an open-market sale, meaning the shares were sold on the market rather than transferred privately or as part of compensation arrangements.

How many Sleep Number (SNBR) shares does Julie Howard own after this Form 4 filing?

After the reported sale, Julie Howard directly owns 37,580 Sleep Number shares. This post-transaction holding reflects her remaining direct ownership in the company’s common stock as disclosed in the Form 4 filing.

What does the Form 4 transaction code 'S' mean for Sleep Number (SNBR)?

The transaction code 'S' on the Form 4 indicates a sale. In this case, it represents an open-market or private sale of 10,585 Sleep Number common shares by director Julie Howard, as opposed to an option exercise, gift, or tax withholding event.

Was Julie Howard’s Sleep Number (SNBR) transaction a direct or indirect holding change?

The Form 4 shows the transaction affecting direct ownership. The 10,585 shares sold and the remaining 37,580 shares are reported as directly held by Julie Howard, with no indication of trusts or other indirect entities in the provided data.