Sleep Number (SNBR) EVP Melissa Barra reports 81,512-share disposition

Rhea-AI Filing Summary

Sleep Number Corp executive Melissa Barra reported a disposition of Common Stock. On June 12, 2026, she disposed of 81,512 shares at a weighted average price of $0.3721 per share, with individual transaction prices between $0.3456 and $0.3918. Following this transaction, she directly holds 86,678 shares of Sleep Number Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Barra Melissa

Role EVP, Chief Product Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	81,512	$0.3721	$30K

Holdings After Transaction: Common Stock — 86,678 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 81,512 shares Weighted average price: $0.3721 per share Post-transaction holdings: 86,678 shares +1 more

4 metrics

Shares disposed 81,512 shares Common Stock disposition on June 12, 2026

Weighted average price $0.3721 per share Price for 81,512 disposed shares

Post-transaction holdings 86,678 shares Common Stock directly held after disposition

Trade price range $0.3456–$0.3918 per share Range of individual transaction prices

Key Terms

Disposition to issuer, weighted average price, Common Stock, Form 4

4 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer" for 81,512 shares"

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"security_title: "Common Stock" for the reported 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

"INSIDER FILING DATA (Form 4): insider transaction report"

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 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 Product 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)

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	06/12/2026		D		81,512	D	$0.3721(1)	86,678	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $0.3456 and $0.3918. The reporting person will provide to the SEC Staff, Sleep Number or any security holder of Sleep Number, upon request, full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Melissa Barra, by Kelly F. Baker, attorney-in-fact	06/12/2026
	** 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)

FAQ

What insider transaction did Melissa Barra report for Sleep Number (SNBR)?

Melissa Barra reported a disposition of 81,512 shares of Sleep Number Common Stock. The transaction occurred on June 12, 2026, and was reported as a disposition to the issuer on a Form 4 insider trading report.

What price did Melissa Barra receive for the disposed SNBR shares?

The reported weighted average price for the 81,512 disposed shares was $0.3721 per share. According to the filing, individual trades were executed between $0.3456 and $0.3918 per share across multiple transactions.

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

After the reported disposition, Melissa Barra directly holds 86,678 shares of Sleep Number Common Stock. This post-transaction holding reflects her remaining direct equity position as disclosed in the Form 4 filing.

What does a 'Disposition to issuer' mean in Melissa Barra’s SNBR Form 4?

A 'Disposition to issuer' indicates shares were transferred from the insider back to the company rather than bought on the market. In this Form 4, the 81,512 shares were reported with transaction code D, which denotes a disposition to the issuer.

What trading price range was disclosed in Melissa Barra’s SNBR Form 4 footnote?

The footnote explains that shares were transacted at prices between $0.3456 and $0.3918. The reported $0.3721 figure is a weighted average price, with detailed per-trade pricing available upon request from the reporting person.