Sleep Number granted equity awards to Executive Vice President and CFO Amy O’Keefe consisting of 66,965 restricted stock units that vest in three equal annual installments. The company also granted 89,286 performance stock units at target that vest on the third anniversary of the grant date. The performance stock units are tied to net sales growth and free cash flow goals for fiscal years 2026 to 2028, with an adjustment based on relative total shareholder return. The performance stock units provide for a maximum payout of 200% of target, or up to 178,572 shares.

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: 202603161600BIZWIRE_USPR_____20260316_BW101159) on March 16, 2026, and is solely responsible for the information contained therein.