Form 4: Sleep Number Director Julie Howard Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Julie Howard reports changes in beneficial ownership of Sleep Number Corp shares, including acquisition of phantom stock and adjustments to direct holdings.
Summary
- On March 13, 2024, Julie Howard, a director of Sleep Number Corp, reported transactions involving the company's stock.
- Howard acquired 1,630.0839 shares of Phantom Stock at a price of $15.49.
- She also reported owning 17,865 shares of Common Stock directly.
- The report includes 4,195 restricted stock units that will vest over time.
- Howard also disposed of an unspecified amount of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activity of individuals with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction involving Sleep Number Corp stock. |
| 03/14/2024 | Date of signature for the Form 4 filing. |
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