Barra Melissa 4

What Happened

• Melissa Barra, EVP & Chief Sales & Services of Sleep Number (SNBR), received a restricted stock award of 55,804 shares on 2026-03-16 (reported as an acquisition, code A).
• The filing also reports a disposition (code F) of 5,557 shares withheld/used to pay tax liability at $3.45 per share, totaling $19,172. This was a withholding/payment related to the award rather than an open-market sale.

Key Details

• Transaction date: 2026-03-16; Filing date: 2026-03-18 (appears timely).
• Award: 55,804 shares acquired at $0.00 (restricted stock award).
• Tax withholding/disposition: 5,557 shares disposed at $3.45 each, total reported $19,172.
• Footnote F1: On 3/16/26, 18,806 shares vested from a restricted stock award and were withheld to cover the reporting person's estimated tax obligation (per the filing).
• Footnote F2: Filing notes an additional 86,678 restricted stock units that will vest over time.
• Shares owned after the transactions are not disclosed in the information provided in this summary.

Context

• This filing reflects an equity award/vesting event (receipt of restricted stock) and related tax withholding. Withholdings (code F) are common when RSUs or restricted shares vest and do not necessarily indicate a discretionary sale by the insider.
• No 10b5-1 plan, late filing flag, or immediate open-market sale of vested shares is reported in this filing.