Sleep Number (SNBR) accounting officer returns 614 shares to the company

Rhea-AI Filing Summary

Sleep Number Corp Principal Accounting Officer Kelly F. Baker reported a disposition of company shares back to the issuer. On June 12, 2026, Baker returned 614 shares of Common Stock to the company at a value of $0.3962 per share. Following this transaction, Baker directly holds 9,745 shares of Sleep Number Common Stock, indicating a routine adjustment of a relatively small portion of her equity position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Baker Kelly F.

Role Principal Accounting Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	614	$0.3962	$243.27

Holdings After Transaction: Common Stock — 9,745 shares (Direct, null)

Footnotes (1)

Key Figures

Shares disposed: 614 shares Disposition price: $0.3962 per share Shares held after transaction: 9,745 shares +2 more

5 metrics

Shares disposed 614 shares Issuer disposition of Common Stock on June 12, 2026

Disposition price $0.3962 per share Value per share for the 614-share disposition

Shares held after transaction 9,745 shares Direct holdings of Common Stock following disposition

Transaction date June 12, 2026 Date of issuer disposition reported on Form 4

Insider role Principal Accounting Officer Officer title of reporting person Kelly F. Baker

Key Terms

Principal Accounting Officer, Disposition to issuer, Common Stock, Form 4

4 terms

Principal Accounting Officer financial

"Kelly F. Baker is identified as Principal Accounting Officer of Sleep Number Corp."

The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.

Disposition to issuer financial

"The transaction code description classifies the event as a Disposition to issuer."

Common Stock financial

"The security involved in the transaction is described as Common Stock."

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

"The insider transaction is reported on Form 4 as required for reporting persons."

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^*

Baker Kelly F.

(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)
	Principal Accounting 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		614	D	$0.3962	9,745	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:

Remarks:

	/s/ Kelly F. Baker, by Brandon Rykkeli, 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 Sleep Number (SNBR) report for Kelly F. Baker?

Sleep Number reported that Principal Accounting Officer Kelly F. Baker disposed of shares back to the company. The Form 4 shows an issuer disposition of Common Stock rather than an open-market trade, reflecting an administrative equity adjustment with limited informational value for investors.

How many Sleep Number (SNBR) shares did Kelly F. Baker dispose of?

Kelly F. Baker disposed of 614 shares of Common Stock in this transaction. The shares were returned to the issuer, Sleep Number Corp, rather than sold on the open market, indicating a disposition directly to the company itself.

At what price were Kelly F. Baker’s Sleep Number (SNBR) shares disposed?

The 614 shares were disposed at a value of $0.3962 per share. This figure reflects the transaction price recorded in the Form 4 and is used for reporting purposes, rather than indicating a typical market trading price for Sleep Number stock.

How many Sleep Number (SNBR) shares does Kelly F. Baker own after this Form 4 transaction?

After the reported disposition, Kelly F. Baker directly holds 9,745 shares of Sleep Number Common Stock. This post-transaction balance shows she retains the majority of her previously held shares, suggesting the move affected only a modest portion of her position.

What is Kelly F. Baker’s role at Sleep Number (SNBR) in this insider filing?

In this insider filing, Kelly F. Baker is identified as an officer of Sleep Number Corp, serving as Principal Accounting Officer. This role involves senior oversight of the company’s accounting functions, making her a reporting person subject to insider transaction disclosure requirements.

Was Kelly F. Baker’s Sleep Number (SNBR) transaction a market sale or an issuer disposition?

The transaction is classified as a “Disposition to issuer” under code D, meaning the shares were returned directly to Sleep Number Corp. It was not reported as an open-market sale or purchase, but as a company-directed equity adjustment.