Pacific Ridge discloses 5% Sleep Number (SNBR) ownership stake
Rhea-AI Filing Summary
Pacific Ridge Capital Partners, LLC filed a Schedule 13G reporting beneficial ownership of 1,145,612 shares of Sleep Number Corp common stock, representing 5.0% of the outstanding class as of the event date.
Pacific Ridge reports sole voting power over 704,330 shares and sole dispositive power over all 1,145,612 shares, with no shared voting or dispositive power. It certifies the Sleep Number shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
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FAQ
What percentage of Sleep Number Corp (SNBR) does Pacific Ridge Capital Partners report owning?
Pacific Ridge Capital Partners reports beneficial ownership of 5.0% of Sleep Number Corp’s common stock. This corresponds to 1,145,612 shares, as disclosed in its Schedule 13G, making Pacific Ridge a significant institutional holder in the company’s equity.
What is the event date for Pacific Ridge Capital Partners' Schedule 13G on Sleep Number (SNBR)?
The relevant event date for the Schedule 13G is 12/31/2025. This date reflects when Pacific Ridge’s beneficial ownership position in Sleep Number’s common stock triggered the Schedule 13G reporting requirement based on applicable SEC ownership thresholds.
Is Pacific Ridge Capital Partners seeking to influence control of Sleep Number Corp (SNBR) with this stake?
Pacific Ridge certifies the Sleep Number shares were acquired and are held in the ordinary course of business. It states they were not acquired and are not held for the purpose of changing or influencing control of Sleep Number or in connection with any such transaction.
Who signed the Schedule 13G filing relating to Sleep Number Corp (SNBR) for Pacific Ridge Capital Partners?
The Schedule 13G was signed by Peter Trumbo, identified as C.C.O. of Pacific Ridge Capital Partners. His signature certifies, after reasonable inquiry, that the information in the ownership report regarding Sleep Number common stock is true, complete, and correct.