secwatch.observer — SEC 8-K summary
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Issuer:     Sleep Number Corp (SNBR)
CIK:        0000827187
Form:       8-K
Filed at:   2026-05-27T20:01:22+00:00
Accession:  0000827187-26-000045
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/snbr-20260521.htm
  HTML page:      https://secwatch.observer/filing/0000827187-26-000045

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