Sleep Number (SNBR) CMO awarded 33,483 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Minson Amber reported acquisition or exercise transactions in this Form 4 filing.
Sleep Number Corp reported that EVP and Chief Marketing Officer Amber Minson received a grant of 33,483 shares of common stock as an equity award. The award was recorded at a price of $0.00 per share, reflecting stock-based compensation rather than a market purchase.
Following this grant, Minson now holds 55,207 restricted stock units that will vest over time, aligning a larger portion of her compensation with the company’s future performance. This filing reflects routine executive equity compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Minson Amber
Role
EVP, Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,483 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,207 shares (Direct)
Footnotes (1)
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FAQ
What did Sleep Number (SNBR) executive Amber Minson report in this Form 4?
Amber Minson reported receiving 33,483 shares of Sleep Number common stock as an equity award. The grant was priced at $0.00 per share, indicating stock-based compensation rather than an open-market transaction, and increased her total restricted stock units to 55,207.
Was Amber Minson buying or selling Sleep Number (SNBR) stock in this filing?
Amber Minson was not buying or selling stock on the open market. The Form 4 shows an acquisition coded as a grant or award, where she received 33,483 shares at $0.00 per share as part of her executive compensation package.
Are Amber Minson’s 55,207 Sleep Number (SNBR) units fully vested?
No, the 55,207 units are restricted stock units that will vest over time. This means she does not receive all shares immediately; instead, they convert into shares according to a vesting schedule set under the company’s long-term incentive arrangements.