Sleep Number holders approve equity plan increase; board declassification proposals fail

Sleep Number Corp

Shareholders approved amendment to 2020 Equity Incentive Plan, increasing shares reserved by 750,000.
Proposals to declassify board and eliminate supermajority voting requirements did not receive required two-thirds vote.
Directors Eyler, Howard, Mendez elected for three-year terms at 2026 annual meeting.
Advisory vote on executive compensation passed with 10.5M for, 704k against, 1.3M abstain.
Ratification of Deloitte & Touche as independent auditor for fiscal 2026 approved.

item 5.02 item 5.07 item 8.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0000827187-26-000045
form_type: 8-K
ticker: SNBR
cik: 0000827187
company_name: Sleep Number Corp
filed_at: 2026-05-27T20:01:22+00:00
discovered_at: 2026-05-27T20:02:00.304428+00:00
generated_at: 2026-05-27T20:03:37.529436+00:00
sec_items: ["5.02", "5.07", "8.01", "9.01"]
event_type: other_material
sentiment: neutral
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: high
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edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/snbr-20260521.htm
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