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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
C REATION OF A D IRECT F INANCIAL O BLIGATION OR AN O BLIGATION U NDER AN O FF -B ALANCE S HEET A RRANGEMENT OF A R EGISTRANT . The information under
Entry into a Material Definitive Agreement On June 16, 2026, Sleep Number Corporation (“Sleep Number” or the “Company”) and its subsidiaries (together with Sleep Number, the “Debtors”) entered into the Fourteenth Amendment (the “DIP Amendment”) to Amended and Restated Credit and Security Agreement (the “Prepetition Credit Agreement”, and as amended by the DIP Amendment, the “DIP Credit Agreement”). Pursuant to the DIP Credit Agreement, the prepetition lenders under the Prepetition Credit Agre…
Regulation FD Disclosure. Press Release Regarding Bankruptcy Petitions On June 12, 2026, the Company issued a press release announcing the filing of the Bankruptcy Petitions. A copy of the press release is furnished herewith as Exhibit 99.1 to this Form 8-K and incorporated herein by reference. Cautionary Note Regarding the Company’s Common Shares The Company cautions that trading in its securities (including, without limitation, the Company’s common shares) during the pendency of the Chapter…
Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement. As discussed in Item 1.03, on the Petition Date, the Debtors filed the Chapter 11 Cases in the Bankruptcy Court seeking relief under chapter 11 of title 11 of the Bankruptcy Code. The Debtors continue to operate their business and manage their properties as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicab…
Entry into a Material Definitive Agreement The information set forth below in
Bankruptcy or Receivership. Voluntary Petition for Reorganization On June 12, 2026 (the “Petition Date”), Sleep Number Corporation (“Sleep Number” or the “Company”) and its subsidiaries (together with Sleep Number, the “Debtors”) filed voluntary petitions for relief (collectively, the “Bankruptcy Petitions”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). The Ba…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On June 4, 2026, Colin M. Adams, Esq. was elected as a director of the Board of the Company, effective immediately. With this election, Sleep Number’s Board of Directors is comprised of 7 members, 6 of whom constitute independent directors under applicable Nasdaq standards. There is no arrangement or understanding between Mr. Adams and any other pe…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS On May 27, 2026, the Board of Directors (the “Board”) of Sleep Number Corporation (the “Company”), with the advice of its independent compensation consultant and its financial advisors, approved one-time cash retention awards (“Retention Awards”) to critical leaders, including named executive officers. In connection with the grants of the Retention…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS (e) As described below under Item 5.07, at the 2026 Annual Meeting of Shareholders of Sleep Number Corporation (the "Company") held on May 21, 2026 ("2026 Annual Meeting"), the Company’s shareholders approved an amendment to the Company's 2020 Equity Incentive Plan (the “2020 Plan”) to increase the number of shares reserved for issuance thereunder b…
RESULTS OF OPERATIONS AND FINANCIAL CONDITION On May 12, 2026, Sleep Number issued a press release announcing results for the fiscal first quarter ended April 4, 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On April 27, 2026, Sleep Number Corporation, a Minnesota corporation (“Sleep Number”), entered into a Forbearance Agreement and Thirteenth Amendment (the “Thirteenth Amendment”) amending the Amended and Restated Credit and Security Agreement, dated as of February 14, 2018 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among U.S. Bank National Association (“U.S. Bank”), as Administrative Agent, Swing Line L…
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information under
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On March 17, 2026, Hilary A. Schneider of Sleep Number Corporation (the “Company”) decided to depart from the Board of Directors upon the conclusion of the Company's 2026 Annual Meeting of Shareholders given new board service limitations from her recent appointment as the Chief Executive Officer of SimpliSafe, maker of award-winning smart home secu…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On March 10, 2026, the Board of Directors of Sleep Number Corporation appointed Kelly F. Baker as the Company’s Controller and Principal Accounting Officer, effective March 11, 2026. Baker has served as the Company’s Controller and Interim Principal Accounting Officer since July 21, 2025. In connection with this appointment, Ms. Baker will cease se…
RESULTS OF OPERATIONS AND FINANCIAL CONDITION On March 12, 2026, Sleep Number issued a press release announcing results for the fiscal fourth quarter and full year ended January 3, 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
REGULATION FD DISCLOSURE On January 28, 2026, Sleep Number Corporation (the “Company”) announced that it has entered into a three-year brand deal with Travis Kelce and TMK Enterprises LLC (collectively, the "Athlete Parties") wherein they will collaborate with the Company to further amplify the benefits of life-changing sleep and expand market reach. As a part of the deal, the Athlete Parties' compensation will include cash and a restricted stock unit award under the Company's 2020 Equity Inc…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On November 28, 2025, the Company appointed Amy K. O'Keefe as the Executive Vice President and Chief Financial Officer (CFO) of the Company to succeed Robert (Bob) P. Ryder, who was serving as interim CFO, effective as of December 8, 2025. Ryder will continue to serve in an advisory role to the Company through December 12, 2025, supporting the tran…
REGULATION FD DISCLOSURE As disclosed in Sleep Number Corporation's Form 8-K dated November 5, 2025, the Company secured an amendment and extension of its credit agreement through 2027. A copy of this updated agreement (the Twelfth Amendment to the Amended and Restated Credit and Security Agreement dated February 14, 2018), was filed as Exhibit 10.1 to the Company's Form 10-Q on November 5, 2025. As stated in the Company's most recent earnings call, the updated agreement aligns with and provi…
RESULTS OF OPERATIONS AND FINANCIAL CONDITION On November 5, 2025, Sleep Number issued a press release announcing results for the fiscal third quarter ended September 27, 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On November 4, 2025, Sleep Number Corporation, a Minnesota corporation (“Sleep Number”), entered into a Twelfth Amendment (the “Twelfth Amendment”) amending the Amended and Restated Credit and Security Agreement, dated as of February 14, 2018 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among U.S. Bank National Association (“U.S. Bank”), as Administrative Agent, Swing Line Lender and Issuing Lender, and…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS As announced in a Form 8-K filed March 13, 2025, Stephen L. Gulis, Jr., agreed to retire or resign from the Board no later than the completion of the Company’s debt refinancing or at the conclusion of the 2026 Annual Meeting, whichever occurs first. The Board determined that the Twelfth Amendment referenced in
RESULTS OF OPERATIONS AND FINANCIAL CONDITION On July 30, 2025, Sleep Number issued a press release announcing results for the fiscal second quarter ended June 28, 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On July 18, 2025, the Company appointed Robert (Bob) P. Ryder as the interim Chief Financial Officer (CFO) of the Company to succeed Francis Lee, who stepped down as CFO and principal accounting officer (PAO), in each case effective as of July 21, 2025. Lee will continue to serve in an advisory role to the Company through August 15, 2025, supportin…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS (e) As described below under Item 5.07, at the 2025 Annual Meeting of Shareholders of Sleep Number Corporation (the "Company") held on May 28, 2025 ("2025 Annual Meeting"), the Company’s shareholders approved an amendment to the Company's 2020 Equity Incentive Plan (the “2020 Plan”) to increase the number of shares reserved for issuance thereunder b…
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On May 23, 2025, Joel Laing, Vice President, Treasurer and Chief Accounting Officer of Sleep Number Corporation (the “Company”), who serves as the Company’s principal accounting officer, provided notice that he will resign from the Company, effective June 5, 2025. Laing's departure is not the result of any disagreement with the Company on any subje…
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