secwatch.observer — SEC 8-K summary
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Issuer:     Sleep Number Corp (SNBR)
CIK:        0000827187
Form:       8-K
Filed at:   2025-12-02T23:59:59+00:00
Accession:  0000827187-25-000128
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sleep Number appoints Amy O'Keefe as CFO; reaffirms FY2025 guidance
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- Amy O'Keefe becomes CFO effective Dec 8, 2025, succeeding interim CFO Bob Ryder who advises through Dec 12.
- O'Keefe receives $625k base salary, 70% target bonus, $1.8M inducement grants (RSUs/PSUs) under Nasdaq rules.
- Sleep Number reaffirms full-year 2025 net sales, adjusted EBITDA, year-end profitability exit rate, and loan covenant compliance.
- Updated investor presentation outlines turnaround strategy: cost reductions, operational streamlining, amended credit agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827187/000082718725000128/0000827187-25-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827187/000082718725000128/snbr-20251128.htm
  HTML page:      https://secwatch.observer/filing/0000827187-25-000128

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