Sleep Number CORP 8-K filings

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 announced one-time cash retention awards for critical leaders, including named executive officers, on May 27, 2026, with some executives waiving prior bonus entitlements.

Sleep Number Corporation shareholders re-elected directors and approved an amendment to the equity incentive plan, but rejected proposals to declassify the board and eliminate supermajority voting requirements.

Sleep Number reported first quarter 2026 results with net sales down 18.9% to $319 million, driven by lower volume and store count, while focusing on a turnaround strategy and capital structure solutions.

Sleep Number Corporation has entered into a Forbearance Agreement and Thirteenth Amendment to its Credit Agreement, securing a $25 million term loan and temporary relief on certain financial covenants.

Hilary A. Schneider will depart Sleep Number Corporation's Board of Directors following the 2026 Annual Meeting due to new board service limitations from her CEO role at SimpliSafe.

Sleep Number Corporation announced a comprehensive turnaround strategy, including new product launches, modernized marketing, and distribution expansion, alongside a plan to address liquidity and capital strategy.

Sleep Number Corporation has officially appointed Kelly F. Baker as its Controller and Principal Accounting Officer, effective March 11, 2026.

Sleep Number Corporation reported full-year 2025 net sales of $1.4 billion, exceeding adjusted EBITDA guidance, while navigating industry demand pressures and launching new products.

Sleep Number Corporation announces a three-year strategic brand partnership with NFL star Travis Kelce, who will also become an investor in the company.

Sleep Number Corporation announced the appointment of Amy O'Keefe as its new Chief Financial Officer, effective December 8, 2025, while reaffirming its full year 2025 financial guidance.

Sleep Number Corporation provides clarity on its recently amended credit agreement, detailing increased leverage ratio covenants and expanded EBITDA addbacks to support its turnaround plan.

Sleep Number Corporation extended its credit agreement maturity while accepting reduced facility size, higher interest rates, and stricter financial covenants, alongside a board member's retirement.

Sleep Number Corporation announced a significant net loss and revenue decline for Q3 2025, alongside a downward revision of its full-year financial outlook, despite securing an extended bank agreement.

Sleep Number Corporation announced a 19.7% decline in second-quarter 2025 net sales to $328 million, alongside a net loss of $25 million, as it implements significant cost savings and strategic business changes.

Sleep Number Corporation announced its second quarter 2025 earnings release and conference call for July 30, 2025, and will now solely use press releases for future earnings call announcements.

Sleep Number Corporation announced the appointment of Robert P. Ryder as interim Chief Financial Officer, succeeding Francis Lee, as the company focuses on cost efficiency and debt management.

Sleep Number Corporation's shareholders voted to approve an increase of 500,000 shares for its 2020 Equity Incentive Plan and re-elected directors, but rejected proposals to declassify the Board and eliminate supermajority voting requirements.

Sleep Number Corporation announced the resignation of Joel Laing, Vice President, Treasurer, and Chief Accounting Officer, effective June 5, 2025, with CFO Francis Lee stepping in as principal accounting officer.

Sleep Number Corporation announced changes to its Executive Leadership Team aimed at streamlining decision-making and improving efficiency.

Sleep Number's Q1 2025 results reveal a net sales decrease of 16% alongside organizational changes aimed at improving efficiency and shareholder value.

Sleep Number Corporation will release its fiscal first quarter results and host a conference call on April 30, 2025.

Sleep Number amends its offer letter with new CEO Linda Findley, restructuring her equity inducement grant and adding a cash sign-on bonus following a significant stock price decline.

Sleep Number and Stadium Capital Management reach an agreement resulting in board refreshment and a smaller, more agile board structure.

Sleep Number Corporation has appointed Linda Findley as its new President and CEO, effective April 7, 2025, succeeding Shelly Ibach, while Phillip Eyler will become the independent Board Chair after the 2025 Annual Meeting.