Sleep Number Corporation Announces New Equity Compensation Plan for Newly-Hired Executive Vice President and Chief Marketing Officer Amber Minson

Reuters
05-16
<a href="https://laohu8.com/S/SNBR">Sleep Number Corporation</a> Announces New Equity Compensation Plan for Newly-Hired Executive Vice President and Chief Marketing Officer Amber Minson

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) recently disclosed the details of equity awards granted to Amber Minson, the company's newly appointed Executive Vice President and Chief Marketing Officer. Effective May 5, 2025, Minson's compensation package includes inducement awards of 21,724 shares in a performance stock unit award, which will vest on the third anniversary of the grant date. The number of shares earned will depend on Sleep Number's actual performance from fiscal years 2025 to 2027 and its relative total shareholder return. Additionally, Minson will receive 21,724 shares in a time-vested restricted stock unit award, vesting in three equal installments annually from the grant date. These awards, approved by the Management Development and Compensation Committee and granted outside of Sleep Number's equity incentive plan, are contingent upon her continued employment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sleep Number Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250515697284) on May 16, 2025, and is solely responsible for the information contained therein.

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