Sleep Number Corp

8-K · snbr-20260604.htm iXBRL

0000827187 2026-06-04 2026-06-04

 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549

 FORM 8-K

 CURRENT REPORT
 PURSUANT TO SECTION 13 OR 15(d) OF
 THE SECURITIES EXCHANGE ACT OF 1934

 Date of Report (Date of earliest event reported):   June 4, 2026  

 SLEEP NUMBER CORP ORATION
 (Exact name of registrant as specified in its charter)

 Minnesota
 (State or other jurisdiction of incorporation)

 000-25121 41-1597886
 (Commission File Number) (IRS Employer Identification No.)

 1001 Third Avenue South , Minneapolis , MN    55404
 (Address of principal executive offices) (Zip Code)  

 ( 763 ) 551-7000
 (Registrant’s telephone number, including area code)

 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 ☐
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 ☐
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 ☐
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 ☐
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 Securities registered pursuant to Section 12(b) of the Act:
 Title of each class   Trading
Symbol(s)   Name of each exchange on which registered
 Common Stock, par value $0.01 per share   SNBR   Nasdaq Global Select Market

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  
 Emerging growth company   ☐
 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

 ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

 On June 4, 2026, Colin M. Adams, Esq. was elected as a director of the Board of the Company, effective immediately. With this election, Sleep Number’s Board of Directors is comprised of 7 members, 6 of whom constitute independent directors under applicable Nasdaq standards. There is no arrangement or understanding between Mr. Adams and any other person pursuant to which he was selected as a director. Mr. Adams’ compensation for service on the Board will consist of a monthly fee of $40,000 (plus other additional fees if he is required to be involved in additional activities).

 There are no transactions in which any member of the Board has given an interest that requires disclosure under Item 404(a) of Regulation S-K under the Securities Act.

 SIGNATURE

 Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     SLEEP NUMBER CORPORATION
     (Registrant)
          
 Dated:  June 10, 2026   By:       /s/ Samuel R. Hellfeld
     Name:   Samuel R. Hellfeld
     Title:   Executive Vice President, Chief Legal and Risk Officer