{"schema_version":"secwatch.filing_event.v1","accession":"0000827187-26-000017","form_type":"8-K","ticker":"SNBR","cik":"0000827187","company_name":"Sleep Number Corp","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.788948+00:00","generated_at":"2026-05-15T14:33:11.716673+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sleep Number unveils turnaround plan, $50M cost actions, targets FCF in 2026","bullets":["Strategy 'Sleep Number Shifts' focuses on product simplification, marketing modernization, and distribution expansion.","Plans ~$50 million annualized cost actions in 2026; expects return to free cash flow generation.","Amended credit agreement with revised covenants and maturity extension provides financial stability.","Simplified product portfolio expected to improve shop-ability, conversion, and margins.","Marketing modernization targets funnel optimization and ROI; lower cost structure anticipated."],"urls":{"canonical":"https://secwatch.observer/filing/0000827187-26-000017","json":"https://secwatch.observer/filing/0000827187-26-000017.json","markdown":"https://secwatch.observer/filing/0000827187-26-000017.md","text":"https://secwatch.observer/filing/0000827187-26-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000017/0000827187-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000017/snbr-20260312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:33:11.716673+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}