{"schema_version":"secwatch.filing_event.v1","accession":"0000827187-24-000087","form_type":"8-K","ticker":"SNBR","cik":"0000827187","company_name":"Sleep Number Corp","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.117093+00:00","generated_at":"2026-05-30T08:43:49.445425+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sleep Number CEO Shelly Ibach to retire by 2025 annual meeting; board to declassify","bullets":["Shelly Ibach to retire as CEO no later than May 2025; will remain Chair through annual meeting then serve as strategic advisor.","Board appoints Michael J. Harrison as independent Chair after 2025 meeting; CEO search underway with independent firm.","Two long-serving directors (Gulis, Lauderback) to retire by 2026; committee chairs rotated to Macadam (Audit) and Eyler (Compensation).","Shareholders to vote on declassifying board and adopting majority voting for mergers/amendments at 2025 annual meeting.","Capital Allocation Committee mandate broadened to include oversight of capital structure."],"urls":{"canonical":"https://secwatch.observer/filing/0000827187-24-000087","json":"https://secwatch.observer/filing/0000827187-24-000087.json","markdown":"https://secwatch.observer/filing/0000827187-24-000087.md","text":"https://secwatch.observer/filing/0000827187-24-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827187/000082718724000087/0000827187-24-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827187/000082718724000087/snbr-20241024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T08:43:49.445425+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c17198f4ec","claim":"Shelly R. Ibach departed as Chair, President and Chief Executive Officer at Sleep Number Corp.","evidence_excerpt":"Shelly R. Ibach, Chair, President and Chief Executive Officer of Sleep Number Corporation (the “Company”), informed the Company’s Board of Directors that she will retire from the Company and Board no later than the 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718724000087/0000827187-24-000087-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Chair, President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}