Baker Kelly F. 4
4 · Sleep Number Corp · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Sleep Number (SNBR) Principal Accounting Officer Kelly Baker Receives Award
What Happened Kelly F. Baker, Principal Accounting Officer at Sleep Number Corp. (SNBR), received restricted stock awards that resulted in reported acquisitions of 5,581 and 2,233 shares (total 7,814 shares) on 2026-03-16 at $0.00 per share. The filing also shows a disposal of 352 shares on the same date at $3.45 per share, totaling $1,214, to satisfy a tax obligation. This is an award/vesting event rather than an open-market purchase or a deliberate sale for investment purposes.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-18 (filed promptly).
- Acquisitions: 5,581 and 2,233 shares @ $0.00 (awarded/vested) — total 7,814 shares.
- Disposal (tax withholding/sale): 352 shares @ $3.45 = $1,214.
- Footnote F1: 966 shares vested on 3/16/26 and were withheld to cover the reporting person's estimated tax obligation.
- Footnote F2: The filing notes 10,359 restricted stock units remain outstanding and will vest over time.
- Shares owned after the transaction: not specified in the Form 4 filing.
Context This filing reflects equity compensation vesting and associated tax-withholding actions (codes A for award and F for tax/payment). Such withholding or sale to cover taxes is routine and does not by itself indicate a change in the insider's view of the company.
Insider Transaction Report
- Award
Common Stock
2026-03-16+5,581→ 8,478 total - Award
Common Stock
2026-03-16+2,233→ 10,711 total - Tax Payment
Common Stock
[F1][F2]2026-03-16$3.45/sh−352$1,214→ 10,359 total
Footnotes (2)
- [F1]On 3/16/26, 966 shares vested from a restricted stock award. These shares were withheld from the vesting to cover the reporting person's estimated tax obligation.
- [F2]Includes 10,359 restricted stock units that will vest over time.