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  4. [Form 4] Sleep Number Corp Insider Trading Activity

Sleep Number (SNBR) EVP sells 3,130.1645 shares from 401(k)

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

Rhea-AI Filing Summary

Sleep Number Corp executive Christopher D. Krusmark reported an insider stock sale. As EVP, Retail & People Officer, he executed an open-market sale of 3,130.1645 shares of Common Stock at a price of $0.6600 per share through an indirect 401(k) holding.

Following these transactions, Krusmark reports 50,241.0000 shares of Sleep Number Common Stock held directly. The indirect 401(k) position now shows zero shares remaining after the sale.

Positive

  • None.

Negative

  • None.
Insider Krusmark Christopher D
Role EVP, Retail & People Officer
Sold 3,130.165 shs ($2K)
Type Security Shares Price Value
Sale Common Stock 3,130.165 $0.66 $2K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 0 shares (Indirect, by 401(k)); Common Stock — 50,241 shares (Direct, null)
Footnotes (1)
Shares sold 3,130.1645 shares Open-market sale from 401(k) on 2026-06-12
Sale price $0.6600 per share Price for Common Stock sold on 2026-06-12
Direct holdings after transaction 50,241.0000 shares Direct Common Stock position following reported transactions
Net insider share change -3,130.1645 shares Net-sell direction in transaction summary
open-market sale financial
"transaction_action": "open-market sale""
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.
401(k) financial
"nature_of_ownership": "by 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "by 401(k)""
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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*
Krusmark Christopher D
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Retail & People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026		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 Stock06/12/2026S3,130.1645D$0.660Iby 401(k)
Common Stock50,241D
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/ Christopher D. Krusmark, by Kelly F. Baker, attorney-in-fact06/16/2026
** 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) report for Christopher D. Krusmark?

Sleep Number reported that EVP Christopher D. Krusmark completed an open-market sale of 3,130.1645 shares of Common Stock. The transaction was executed through an indirect 401(k) account and was reported on a Form 4 insider filing for the company.

At what price were Christopher D. Krusmark’s Sleep Number (SNBR) shares sold?

The 3,130.1645 Sleep Number shares associated with Christopher D. Krusmark were sold at $0.6600 per share. This price applies to the reported open-market transaction involving Common Stock held indirectly through a 401(k) account.

How many Sleep Number (SNBR) shares does Christopher D. Krusmark hold after the transaction?

After the reported transactions, Christopher D. Krusmark holds 50,241.0000 Sleep Number Common Stock shares directly. His indirect 401(k) ownership shows zero shares remaining, indicating the entire reported indirect position was sold in this Form 4 filing.

Was the Sleep Number (SNBR) insider sale by Christopher D. Krusmark direct or indirect?

The reported sale of 3,130.1645 Sleep Number Common Stock shares was an indirect transaction. It was executed from a 401(k) account identified as “by 401(k),” while Krusmark continues to hold 50,241.0000 shares directly after the transactions.

What does the Form 4 for Sleep Number (SNBR) indicate about net insider activity?

The Form 4 shows net selling activity totaling 3,130.1645 shares for Christopher D. Krusmark. The filing’s transaction summary classifies this as one open-market sale and a net-sell direction, with no reported purchases or derivative exercises in this submission.