Sleep Number CORP

Sleep Number Corporation has finalized the sale of substantially all its assets for $529.5 million as part of its Chapter 11 bankruptcy proceedings.

Sleep Number Corporation has entered into an amended asset purchase agreement with SNBR Inc., a subsidiary of Sleep Country Canada Inc., for $529.5 million.

Sleep Number Corporation faces mandatory delisting from the Nasdaq following its voluntary Chapter 11 bankruptcy filing.

Sleep Number Corporation has entered into a $260 million debtor-in-possession (DIP) credit agreement to support its Chapter 11 reorganization and planned asset sale.

Sleep Number Corporation has filed for Chapter 11 bankruptcy and entered into a stalking horse asset purchase agreement with Sleep Country Canada for $415 million.

Sleep Number Corporation announced the immediate election of Colin M. Adams, Esq. as a new director to its Board, effective June 4, 2026.

Sleep Number Corporation reported a substantial net loss of $50.3 million for the first quarter of 2026, with significant concerns raised about its ability to continue as a going concern.

Sleep Number Corporation reported a significant net loss and revenue decline in Q3 2025, alongside an amended credit agreement to extend maturity and adjust financial covenants.

Sleep Number Corporation announced a significant widening of net losses and a sharp decline in net sales for the second quarter and first half of fiscal 2025, reflecting ongoing pressures in the bedding industry.

Sleep Number Corporation reports a 16% decrease in net sales for Q1 2025, impacted by lower volume and store count, while gross profit rate improves due to cost reductions and product mix.

Sleep Number Corporation's third quarter 2024 results show a decrease in net sales, but an increase in gross profit rate and operating income compared to the same period last year.

Sleep Number Corporation's Q2 2024 results show a decrease in net sales and a net loss, impacted by a historic recession in the mattress industry, though cost reduction efforts and improved commodity prices partially offset the decline.

Sleep Number Corporation reported a significant net loss in fiscal 2025 and expressed substantial doubt about its ability to continue as a going concern, despite implementing a new turnaround strategy.

Sleep Number faced an 11% net sales decline in 2024 due to an ongoing mattress industry recession but improved gross margins and reduced operating costs.

Sleep Number Corporation's 10-K filing details executive compensation plans, severance policies, and corporate governance practices, reflecting a focus on performance-based incentives and risk management.

Christopher D. Krusmark, EVP of Retail & People at Sleep Number Corp, reported the sale of 3,130.1645 shares held in a 401(k) plan.

Christopher D. Krusmark, EVP of Retail & People Officer at Sleep Number Corp, reported a transaction involving the sale of 30,720 shares of common stock.

Sleep Number Corp executive Samuel R. Hellfeld reported a sale of 40,000 shares of common stock on June 12, 2026.

Kelly F. Baker, an officer at Sleep Number Corp, acquired 614 shares of common stock.

Sleep Number Corp executive Amber Minson reported a transaction involving the acquisition of common stock.

Melissa Barra, EVP, Chief Product Officer at Sleep Number Corp, reported a transaction involving the sale of common stock.

Sleep Number Corporation is holding its 2026 Annual Meeting on May 21, 2026, to vote on key governance proposals, including declassifying the board and eliminating supermajority voting requirements, alongside executive compensation and equity plan amendments.

Sleep Number Corporation issues a supplement to its proxy statement to correct the deadline for shareholder proposals for the 2026 annual meeting, changing it from December 12, 2025, to December 19, 2025.

Sleep Number Corporation is asking shareholders to vote on proposals to declassify the board, eliminate supermajority voting requirements, and amend the equity incentive plan to increase the number of shares available for issuance.

Sleep Number is asking shareholders to approve an amendment to increase the number of shares reserved for issuance under its 2020 Equity Incentive Plan by 1,500,000 shares and has suspended the ability for directors to take stock in lieu of cash compensation in 2025.

Sleep Number is requesting shareholder approval to amend its 2020 Equity Incentive Plan to increase the number of shares reserved for issuance by 1,500,000 shares, aiming to retain key talent during a challenging economic environment.

Sleep Number Corporation's proxy statement details director nominations, executive compensation, and a proposed amendment to the equity incentive plan for the upcoming annual shareholder meeting.

Stadium Capital Management has reduced its beneficial ownership in Sleep Number Corp to 4.1%, falling below the 5% reporting threshold.

Stadium Capital Management, a significant shareholder, expresses strong support for Sleep Number Corp's new CEO Linda Findley and recent corporate governance changes, believing the company is now positioned for a successful turnaround.

Sleep Number Corporation and activist investor Stadium Capital Management have reached an agreement, terminating a joint filing and solicitation agreement and outlining significant changes to the company's Board of Directors.

An activist investor group, including Stadium Capital Management and associated individuals, has increased its beneficial ownership in Sleep Number Corp to approximately 12.3% and formally announced its intention to seek board representation and solicit proxies for the 2025 annual meeting.

BlackRock, Inc. has filed a Schedule 13G amendment, reporting a 0% beneficial ownership of Sleep Number Corporation's common stock as of June 30, 2026.

Pacific Ridge Capital Partners, LLC has filed an amendment to its Schedule 13G, reporting a 0% beneficial ownership stake in Sleep Number Corp.

FMR LLC and Abigail P. Johnson have filed a Schedule 13G, reporting beneficial ownership of 0.5% of Sleep Number Corp's common stock as of March 31, 2026.

M Partners Fund LP and affiliates report zero beneficial ownership in Sleep Number Corp. common stock.

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Sleep Number Corp following an internal realignment.

Pacific Ridge Capital Partners, LLC has reported a 5.0% beneficial ownership stake in Sleep Number Corp, holding 1,145,612 shares of common stock.