KILPATRICK DEBORAH L. 4

What Happened

• Deborah L. Kilpatrick, a director of Sleep Number Corp (SNBR), received an award of 15,067 restricted stock units (RSUs) reported on 2026-05-21. The grant is reported as an acquisition at $0.00 (typical for RSU awards). According to the filing, 9,776 of those RSUs vested on 5/21/2026 and the reporting person has elected to defer receipt of the vested shares. The remaining RSUs will vest over time per the award terms.

Key Details

• Transaction date: 2026-05-21
• Transaction type/code: Award/Grant (A)
• Shares/units reported: 15,067 RSUs @ $0.00 (reported value $0 for the grant)
• Vested portion: 9,776 RSUs vested on 5/21/2026; receipt deferred by the reporting person
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Filed 2026-05-21 for a 2026-05-21 transaction — appears to be filed same day (timely)
• Footnote: Remaining RSUs will vest over time; deferral means she delayed taking possession of the vested shares (often for tax or plan-election reasons)

Context

• RSU grants are compensation awards that convert into shares when they vest; they are not purchases or sales and typically reflect compensation rather than a direct market sentiment. Deferring receipt is a common practice under some equity plans and does not by itself indicate buying or selling intent.