Sleep Number EVP uses shares to cover tax bill

Sleep Number Corp executive Amber Minson, EVP and Chief Marketing Officer, reported a routine share-withholding transaction related to equity compensation.

Rhea-AI Filing Summary

Sleep Number Corp executive Amber Minson, EVP and Chief Marketing Officer, reported a routine share-withholding transaction related to equity compensation. On May 15, 2026, 7,242 shares of restricted stock vested, and 2,949 shares of common stock were withheld at $1.60 per share to cover estimated taxes. After this tax-withholding disposition, Minson directly owned 52,258 shares of common stock, along with 47,965 restricted stock units that are scheduled to vest over time. This filing reflects compensation and tax mechanics rather than an open-market sale.

Insider Trade Summary

Exercise Price or Tax Liability: 2,949 shares

Exercise Price or Tax Liability 1 txn

Insider Minson Amber

Role EVP, Chief Marketing Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,949	$1.60	$5K

Holdings After Transaction: Common Stock — 52,258 shares (Direct)

Footnotes (2)

1. F1. On 5/15/26, 7,242 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 47,965 restricted stock units that will vest over time.

Key Figures

Shares withheld for taxes: 2,949 shares at $1.60 Shares after transaction: 52,258 shares Shares vested: 7,242 shares +1 more

4 metrics

Shares withheld for taxes 2,949 shares at $1.60 Tax-withholding disposition on May 15, 2026

Shares after transaction 52,258 shares Common stock directly owned after withholding

Shares vested 7,242 shares Restricted stock award vesting on May 15, 2026

Outstanding RSUs 47,965 units Restricted stock units scheduled to vest over time

Key Terms

restricted stock award, restricted stock units, tax-withholding disposition, estimated tax obligation

4 terms

restricted stock award financial

"On 5/15/26, 7,242 shares vested from a restricted stock award."

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

restricted stock units financial

"Includes 47,965 restricted stock units that will vest over time."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

estimated tax obligation financial

"These shares were withheld from the vesting to cover the reporting person's estimated tax obligation."

FAQ

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

What insider transaction did Sleep Number (SNBR) report for Amber Minson?

Sleep Number reported a tax-related share withholding for EVP and Chief Marketing Officer Amber Minson. On May 15, 2026, 2,949 common shares were withheld to cover estimated taxes when restricted stock vested, rather than sold in the open market.

How many Sleep Number (SNBR) shares were withheld for Amber Minson’s taxes?

A total of 2,949 Sleep Number common shares were withheld at $1.60 per share. This withholding satisfied Amber Minson’s estimated tax obligation tied to the vesting of a 7,242-share restricted stock award on May 15, 2026.

How many Sleep Number (SNBR) shares does Amber Minson hold after this Form 4?

After the transaction, Amber Minson directly holds 52,258 Sleep Number common shares. In addition, she has 47,965 restricted stock units outstanding that will vest over time, reflecting a continuing equity stake tied to future service and performance.

Was Amber Minson’s Sleep Number (SNBR) transaction an open-market sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were automatically withheld from vested restricted stock to cover estimated tax obligations, a common mechanism for executives receiving equity-based compensation awards.

What equity awards are outstanding for Amber Minson at Sleep Number (SNBR)?

Amber Minson holds 47,965 restricted stock units that will vest over time. These RSUs represent additional potential common shares she may receive in the future, subject to continued service and the original award terms.

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

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Accepted by SEC EDGAR 05/18/2026 - 04:01 PM EDT 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^*

Minson Amber

(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 Marketing Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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	05/15/2026		F		2,949(1)	D	$1.6	52,258(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 5/15/26, 7,242 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 47,965 restricted stock units that will vest over time.

Remarks:

	/s/ Amber Minson, by Brandon Rykkeli, attorney-in-fact	05/18/2026
	** 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)