Short answer
Sleep Number Corp (SNBR) filed an 8-K current report with the SEC on June 2, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). $5.5M gross retention awards paid May 27, 2026 to five named executive officers.
Sleep Number Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- $5.5M gross retention awards paid May 27, 2026 to five named executive officers
- $1.725M prior awards waived, reducing net new retention cost to $3.775M
- CEO Linda Findley received $1.875M net new retention compensation
- Repayment required for resignation or cause-based termination within 12 months
- Awards signal retention risk among critical leadership during a potentially significant transition period
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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