Eyler Phillip 4

What Happened Phillip Eyler, a director of Sleep Number Corp (SNBR), was reported as receiving an award of 15,067 restricted stock units (RSUs) on 2026-05-21. The reported acquisition price was $0.00 (typical for RSU grants) and the filing shows total reported value $0. On 5/21/26, 9,776 of those RSUs vested and the reporting person elected to defer receipt of the vested shares.

Key Details

• Transaction date: 2026-05-21; Price: $0.00 per share; Amount reported: 15,067 RSUs (award).
• Vested on 5/21/26: 9,776 shares from the award; those vested shares have been deferred by the reporting person (per footnote).
• Remaining unvested from the 15,067 award: 5,291 RSUs (calculated = 15,067 − 9,776).
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: reported with a Form 4 dated 2026-05-21 (same-day reporting) — not indicated as late.

Context RSUs are an equity award, not a market purchase or sale; they represent a promise to deliver shares subject to vesting conditions. Deferral of vested shares means the director has chosen to delay taking delivery (or sale) of the shares, often for tax or governance reasons. This filing documents compensation-related equity grants rather than open-market insider buying or selling.