Hellfeld Samuel R 4

What Happened

• Samuel R. Hellfeld, EVP, Chief Legal & Risk Officer of Sleep Number (SNBR), received a grant/award of 46,038 shares on 2026-03-16 (transaction code A). The filing also reports a tax-withholding disposition of 6,172 shares on the same date at $3.45 per share, totaling $21,293 (transaction code F).
• The award/vesting activity involved restricted stock/RSUs rather than an open‑market purchase or an insider sale.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (filed within the standard two-business-day window).
• Grant: 46,038 shares (code A) at $0.00 (award/issuance).
• Tax withholding: 6,172 shares disposed (code F) at $3.45/share for $21,293 to cover tax obligations.
• Footnote F1: On 3/16/26, 17,199 shares vested from a restricted stock award and were withheld to cover the reporting person’s estimated tax obligation.
• Footnote F2: The filing notes an additional 73,193 restricted stock units that will vest over time.
• Shares owned after the transactions: not specified in the provided filing summary.

Context

• This was an equity award/vesting event, not a purchase or open-market sale. The F-code disposal reflects tax withholding (common for RSU/restricted stock vesting) and does not necessarily indicate a directional trade decision.
• For retail investors, awards and withholding are routine executive compensation mechanics; purchases are generally more informative about insider sentiment than grants.