Sleep Number (SNBR) SVP returns 21,566 shares to issuer

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sleep Number Corp senior vice president and Chief Supply Chain officer Tanya C. Skogerboe reported an insider transaction involving company common stock. She disposed of 21,566 shares in a disposition to the issuer at $0.3800 per share, which is a return of shares to the company rather than an open-market sale. After this transaction, she directly holds 45,086.0000 common shares. A separate entry updates an indirect holding of 2,517.4642 common shares held through a 401k plan, with no buy or sell direction indicated for that 401k position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Skogerboe Tanya C.

Role SVP, Chief Supply Chain

Type	Security	Shares	Price	Value
Disposition	Common Stock	21,566	$0.38	$8K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 45,086 shares (Direct, null); Common Stock — 2,517.464 shares (Indirect, by 401k)

Footnotes (1)

Key Figures

Disposition shares: 21,566.0000 shares Disposition price: $0.3800 per share Direct holdings after: 45,086.0000 shares +1 more

4 metrics

Disposition shares 21,566.0000 shares Common Stock disposed to issuer, code D

Disposition price $0.3800 per share Price for disposition to issuer

Direct holdings after 45,086.0000 shares Common Stock directly owned following transaction

Indirect 401k holdings 2,517.4642 shares Common Stock held indirectly by 401k

Key Terms

Disposition to issuer, Common Stock, 401k, indirect ownership

4 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer" for 21,566 shares"

Common Stock financial

"security_title: "Common Stock" for both reported entries"

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.

401k financial

"nature_of_ownership: "by 401k" for the indirect holding entry"

An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.

indirect ownership financial

"ownership_type: "indirect" for shares held by 401k"

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 04:30 PM

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^*

Skogerboe Tanya C.

(Last)

(First)

(Middle)

1003 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)
	SVP, Chief Supply Chain

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/12/2026		D		21,566	D	$0.38	45,086	D
Common Stock								2,517.4642	I	by 401k

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	/s/ Tanya C. Skogerboe 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sleep Number (SNBR) report for Tanya C. Skogerboe?

Sleep Number reported that executive Tanya C. Skogerboe disposed of 21,566 common shares in a disposition to the issuer at $0.3800 per share. This reflects shares returned to the company, not an open-market sale, and updates her reported ownership levels.

How many Sleep Number (SNBR) shares does Tanya C. Skogerboe hold after this Form 4?

After the reported transactions, Tanya C. Skogerboe directly holds 45,086.0000 Sleep Number common shares. The filing also shows an indirect position of 2,517.4642 common shares held through a 401k plan, providing a snapshot of her current reported ownership.

What does a ‘disposition to issuer’ mean in the Sleep Number (SNBR) Form 4?

A ‘disposition to issuer’ means 21,566 shares were returned to Sleep Number rather than sold on the open market. It is coded as transaction type D, indicating an issuer disposition, and is distinct from a typical market purchase or sale by the insider.

Was the Sleep Number (SNBR) insider transaction an open-market sale or purchase?

The transaction was not an open-market trade. It is classified as a disposition to the issuer, code D, where 21,566 shares were transferred back to Sleep Number at $0.3800 per share, rather than being sold or bought on a public market exchange.

How are 401k holdings reported for Tanya C. Skogerboe in the Sleep Number (SNBR) filing?

The Form 4 lists 2,517.4642 common shares held indirectly in a 401k plan. This entry is categorized as a holding with indirect ownership by 401k, and does not specify a buy or sell direction, serving mainly to update the reported retirement-plan position.