SCHEDULE 13G: M Partners Fund LP Discloses 6.90% Passive Stake in Sleep Number Corp
Beneficial Ownership Report
M Partners Fund LP, along with its affiliates, has reported a beneficial ownership of 6.90% of Sleep Number Corp's common stock, indicating a passive investment.
Summary
- M Partners Fund LP, M Partners Fund (GP) LLC, and Ali John Mirshekari collectively beneficially own 1,544,825 shares of Sleep Number Corp's common stock.
- This ownership represents 6.90% of the total outstanding common stock of Sleep Number Corp, calculated based on 22,389,000 shares outstanding as of March 7, 2025.
- The reporting persons hold shared voting power and shared dispositive power over all 1,544,825 shares.
- The shares were acquired and are held for investment purposes and not with the intent to change or influence the control of Sleep Number Corp.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or prospects. It's a neutral regulatory filing.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional investor's stake provides transparency regarding the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 2024-12-28 | Fiscal year end for Sleep Number Corporation's Form 10-K, which reported 22,389,000 shares outstanding. |
| 2025-03-07 | Date as of which 22,389,000 shares of common stock were reported outstanding in Sleep Number Corporation's Form 10-K. |
| 2025-04-28 | Date of event which requires the filing of this Schedule 13G statement. |
| 2025-05-05 | Filing date of the Schedule 13G statement. |
Keywords
Sleep Number Corp, Common Stock, M Partners Fund LP, M Partners Fund (GP) LLC, Ali John Mirshekari, Beneficial Ownership, Schedule 13G, SEC Filing, Institutional Investor, Equity Stake
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