Form 4: Sleep Number EVP, Chief Innovation Officer Reports Stock Transactions
SEC Form 4 Filing
Andrea Lee Bloomquist, EVP and Chief Innovation Officer at Sleep Number Corp, reports acquisition and disposal of common stock related to vested restricted stock units.
Summary
- Andrea Lee Bloomquist, an EVP and Chief Innovation Officer at Sleep Number Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 15, 2025, Bloomquist acquired 36,206 shares of common stock at $0 and disposed of 3,315 shares at $7.35 to cover tax obligations related to vested restricted stock units.
- Following these transactions, Bloomquist directly owns 140,117 shares of common stock and indirectly owns 603 shares through inherited securities.
- Bloomquist also holds 49,680 restricted stock units that will vest over time.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The reporting person holds 49,680 restricted stock units that will vest over time.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and provides transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock acquisition and disposal. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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