{"id":919806,"date":"2025-12-15T16:04:07","date_gmt":"2025-12-15T21:04:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sleep-number-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/"},"modified":"2025-12-15T16:04:07","modified_gmt":"2025-12-15T21:04:07","slug":"sleep-number-announces-inducement-grant-under-nasdaq-listing-rule-5635c4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sleep-number-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/","title":{"rendered":"Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sleep Number Announces Inducement Grant Under <\/b><b>Nasdaq Listing Rule 5635(c)(4)<\/b><\/p>\n<p>MINNEAPOLIS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSleep Number Corporation (Nasdaq: SNBR) today announced that it granted an equity award on December 15, 2025, as a material inducement to the employment of the company&#8217;s newly-hired Executive Vice President and Chief Financial Officer, Amy O\u2019Keefe.\n<\/p>\n<p>\nAs previously disclosed, in connection with the appointment of O\u2019Keefe as Executive Vice President and Chief Financial Officer effective December 8, 2025, Sleep Number granted O\u2019Keefe an employment inducement award consisting of 69,742 shares in a time-vested restricted stock unit award that vests in three equal installments on each anniversary from the date of grant. The grants are subject to continued employment and the terms of the award agreement.\n<\/p>\n<p>\nThis inducement award to O\u2019Keefe was granted as a material inducement to her employment and was approved by the Sleep Number Board of Directors on November 28, 2025, in accordance with Rule 5635(c)(4) of The Nasdaq Stock Market LLC. The award was granted outside Sleep Number\u2019s equity incentive plan.\n<\/p>\n<p><b>About Sleep Number Corporation<\/b><\/p>\n<p>\nSleep Number is a sleep wellness company. We are guided by our purpose to improve lives by personalizing sleep; to date, our innovations have improved 16 million lives. Our sleep wellness platform helps solve sleep problems, whether it\u2019s providing individualized temperature control for each sleeper through our Climate360\u00ae smart bed or applying our 36 billion hours of longitudinal sleep data and expertise to research with global institutions. Our smart bed ecosystem drives best-in-class engagement through dynamic, adjustable, and effortless sleep with personalized sleep and health insights; our millions of Smart Sleepers are loyal brand advocates. And our 3,200 mission-driven team members passionately innovate to drive value creation through our vertically integrated business model, including our exclusive direct-to-consumer selling in 611 stores and online.\n<\/p>\n<p>\nTo learn more about life-changing, individualized sleep, visit a Sleep Number\u00ae store near you, our investor relations site, or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FSleepNumber.com.&amp;esheet=54377193&amp;newsitemid=20251215062730&amp;lan=en-US&amp;anchor=SleepNumber.com.&amp;index=1&amp;md5=6e8bfbbc95687a53f4c20763ec79e722\">SleepNumber.com.<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251215062730r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251215062730\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251215062730\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investorrelations@sleepnumber.com\">investorrelations@sleepnumber.com<\/a><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Muriel Lussier, Sleep Number Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:muriel.lussier@sleepnumber.com\">muriel.lussier@sleepnumber.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Minnesota United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Home Goods Online Retail Luxury Retail Specialty<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251215062730\/en\/2633003\/3\/Sleep_Number_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; Sleep Number Corporation (Nasdaq: SNBR) today announced that it granted an equity award on December 15, 2025, as a material inducement to the employment of the company&#8217;s newly-hired Executive Vice President and Chief Financial Officer, Amy O\u2019Keefe. As previously disclosed, in connection with the appointment of O\u2019Keefe as Executive Vice President and Chief Financial Officer effective December 8, 2025, Sleep Number granted O\u2019Keefe an employment inducement award consisting of 69,742 shares in a time-vested restricted stock unit award that vests in three equal installments on each anniversary from the date of grant. The grants are subject to continued employment and the terms of the award agreement. This inducement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sleep-number-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-919806","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sleep-number-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; Sleep Number Corporation (Nasdaq: SNBR) today announced that it granted an equity award on December 15, 2025, as a material inducement to the employment of the company&#8217;s newly-hired Executive Vice President and Chief Financial Officer, Amy O\u2019Keefe. As previously disclosed, in connection with the appointment of O\u2019Keefe as Executive Vice President and Chief Financial Officer effective December 8, 2025, Sleep Number granted O\u2019Keefe an employment inducement award consisting of 69,742 shares in a time-vested restricted stock unit award that vests in three equal installments on each anniversary from the date of grant. The grants are subject to continued employment and the terms of the award agreement. 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