Short answer
Sleep Number Corp (SNBR) filed an 8-K current report with the SEC on May 27, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders), Item 8.01 (Other Events). 17,964,664 shares represented, equal to 77.96% of outstanding shares.
Sleep Number Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.07 · Submission of Matters to a Vote of Security Holders
- 17,964,664 shares represented, equal to 77.96% of outstanding shares
- Three director nominees elected for three-year terms ending at the 2029 annual meeting
- Board declassification and both supermajority-vote eliminations rejected, preserving staggered board and enhanced approval thresholds
- Deloitte & Touche ratified for fiscal 2026; executive compensation also received advisory approval
- 2020 Equity Incentive Plan Amendment No. 2 approved, expanding board flexibility for equity awards
Item 8.01 · Other Events
- Board-backed proposals to declassify directors and eliminate supermajority voting requirements failed at the 2026 Annual Meeting
- Failure required affirmative votes from two-thirds of shares outstanding as of the Record Date
- Board remains committed to pursuing the governance amendments, leaving future shareholder votes and potential control implications open
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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