Krusmark Christopher D 4

What Happened

• Christopher D. Krusmark, EVP & Chief Human Resources Officer of Sleep Number (SNBR), reported receipt of a restricted stock award on 2026-03-16. The Form 4 shows 33,483 shares acquired at $0.00 (award/vesting). The filing also records a disposition of 3,166 shares to satisfy a tax obligation at $3.45 per share, totaling $10,923. Net on the reporting date, the transactions increase his holdings by 30,317 shares (33,483 acquired minus 3,166 withheld).

Key Details

• Transaction dates/prices: 2026-03-16 — Award/Acquisition (A) 33,483 shares @ $0.00; Tax withholding/payment (F) 3,166 shares @ $3.45 (disposed) = $10,923.
• Footnotes: F1 notes that on 3/16/26, 10,343 shares vested from a restricted stock award and were withheld to cover estimated taxes. F2 notes the filing "includes 50,464 restricted stock units that will vest over time."
• Shares owned after transaction: Not specified in this filing.
• Timeliness: Filed 2026-03-18 for a 2026-03-16 transaction — filing appears timely.

Context

• This was primarily an issuance/vesting of restricted stock (award), with a routine withholding/disposition to satisfy tax obligations. Such withholding is common on vesting events and does not, by itself, indicate a buy or sell decision about the company.