---
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"
generated_at: "2026-06-02T20:12:26.269233+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827187/000082718726000048/0000827187-26-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827187/000082718726000048/snbr-20260527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827187-26-000048
- JSON: https://secwatch.observer/filing/0000827187-26-000048.json
- Plain text: https://secwatch.observer/filing/0000827187-26-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.