Sleep Number grants $5.5M in one-time retention awards to five NEOs; CEO gets net $1.875M after waiver

Sleep Number Corp

CEO Linda Findley receives $2.5M retention award, net $1.875M after waiving $625K sign-on bonus.
CFO Amy O'Keefe gets $1M retention award; no prior award waived.
EVPs Barra ($700K), Hellfeld ($850K), Krusmark ($450K) also receive awards after waiving prior retention awards.
Awards repayable if executive resigns or is terminated for cause within 12 months.
Repayment obligation waived in case of certain corporate transactions or termination without cause.

item 5.02 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0000827187-26-000048
form_type: 8-K
ticker: SNBR
cik: 0000827187
company_name: Sleep Number Corp
filed_at: 2026-06-02T20:05:17+00:00
discovered_at: 2026-06-02T20:07:00.596069+00:00
generated_at: 2026-06-02T20:12:26.269233+00:00
sec_items: ["5.02", "9.01"]
event_type: other_material
sentiment: neutral
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0000827187-26-000048
json_url: https://secwatch.observer/filing/0000827187-26-000048.json
markdown_url: https://secwatch.observer/filing/0000827187-26-000048.md
text_url: https://secwatch.observer/filing/0000827187-26-000048.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/827187/000082718726000048/0000827187-26-000048-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/827187/000082718726000048/snbr-20260527.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
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Source: SEC EDGAR

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