Sonos Inc (SONO) SEC Filings

Sonos Inc (symbol SONO) is the issuer of common stock for which a notice has been filed to sell 10,000 shares under Rule 144. The shares are held at Fidelity Brokerage Services LLC and have an aggregate market value of $153,900.00, with trading reported on NASDAQ.

The shares to be sold come from restricted stock that vested as compensation to Karen Boone, a director, in two grants dated May 15, 2019 (7,932 shares) and August 15, 2019 (2,068 shares). Fidelity signed the notice as attorney-in-fact for Karen Boone.

Sonos Inc (SONO) reported that Chief Legal Officer Edward P. Lazarus had 42,983 shares of Common Stock issued on August 14, 2026 upon the vesting and settlement of previously granted restricted stock units (RSUs). The company withheld 21,314 shares at $16.59 per share to satisfy federal and state tax withholding obligations related to this RSU vesting, as an exempt transaction under Section 16b-3(e). The RSU awards vest over multi-year schedules with double-trigger acceleration provisions tied to continued employment.

Sonos Inc executive Saori Casey, Chief Financial Officer, reported equity compensation activity involving restricted stock units (RSUs) and common stock on August 14, 2026. RSUs covering 24,875 and 21,690 shares of common stock vested and were settled, consistent with the vesting schedules described for these awards. As a result, the filing shows an acquisition of 46,565 shares of common stock upon RSU vesting. Of these, 24,518 shares were disposed of at $16.59 per share, with all such shares withheld by Sonos to satisfy Casey’s federal and state tax withholding obligations arising from the RSU vesting. The RSUs are described as subject to double-trigger acceleration, with vesting tied to continued employment and specific time-based schedules.

Sonos Inc Chief Executive Officer Thomas Conrad reported vesting of 20,414 Restricted Stock Units on August 14, 2026, converting into an equal number of common shares for no cash consideration. To cover associated federal and state tax withholding, 10,748 common shares were withheld by the company at $16.59 per share. Following the RSU vesting and related withholding, Conrad directly holds 443,101 shares of Sonos common stock.

Coliseum Capital Management, related Coliseum funds, and principals Adam Gray and Christopher Shackelton filed a Schedule 13D on Sonos, Inc., reporting beneficial ownership of 18,070,762 shares of common stock, or 15.3% of the 118,293,979 shares outstanding as of July 20, 2026.

Coliseum Capital Partners, L.P. directly owns 12,923,136 shares (10.9%), Coliseum Capital Co-Invest IV, L.P. owns 2,120,482 shares (1.8%), and a separate account managed by Coliseum Capital Management holds 3,027,144 shares. Christopher Shackelton serves on Sonos’s board of directors. The investors state they acquired the stake for investment purposes and may purchase or dispose of shares and evaluate potential extraordinary transactions, as well as discuss operations, strategy, governance, and capital structure with Sonos management and other stakeholders.

Sonos Inc director Julius Genachowski exercised expiring stock options covering a total of 39,710 shares of common stock at an exercise price of $13.56 per share on July 28–29, 2026. He then sold the 39,710 shares in two equal blocks at $16.50 and $17.00 per share under a pre-planned Rule 10b5-1 trading plan adopted on November 20, 2025. As of July 28, 2026, associated trusts held 1,550 and 92,484 Sonos common shares indirectly.

Sonos, Inc. delivered stronger results for the quarter ended June 27, 2026, with revenue rising 8.8% to $375,260 (in thousands) and net income improving to $29,853 (in thousands) from a prior-year loss. Gross margin expanded to 50.4%, helped by $23.2 million in IEEPA tariff refunds recorded as a reduction to cost of revenue.

For the nine months, revenue grew 4.1% to $1,202,449 (in thousands) and net income reached $94,765 (in thousands), while Adjusted EBITDA increased to $177,822 (in thousands) with a 14.8% margin. The company generated $144.2 million of operating cash flow, ended with $206.9 million in cash and cash equivalents plus $54.1 million in marketable securities, and repurchased 6,008,107 shares for $94.9 million under its buyback program, leaving $34.7 million authorized.

Sonos, Inc. expanded its Board of Directors from ten to eleven members and appointed Chris Shackelton as a Class II director, effective July 28, 2026, with a term expiring at the 2029 Annual Meeting of Stockholders. He is considered independent under Nasdaq Listing Standards and will receive the standard non‑employee director compensation and a standard indemnification agreement.

The company also announced that Chief Financial Officer Saori Casey intends to retire. She will remain CFO until a successor is appointed and will stay through a subsequent transition period. An executive search firm has been engaged, and her decision is stated not to result from any dispute or disagreement with the company.

Sonos, Inc. reported strong third quarter fiscal 2026 results, with revenue increasing 9% year-over-year to $375 million. GAAP gross margin was 50.4%, helped by a $23.2 million IEEPA tariff refund, while non-GAAP gross margin was 45.5%. GAAP net income was $29.9 million, or $0.25 diluted EPS, compared with a loss a year earlier. Non-GAAP net income was $33 million, or $0.27 diluted EPS, up 51% year-over-year. Adjusted EBITDA rose 24% to $44 million, with an 11.7% margin.

Free cash flow increased by $8 million year-over-year to $40 million, and cash and cash equivalents reached $206.9 million as of June 27, 2026. The company returned $30 million to shareholders in the quarter through repurchase of 2.0 million shares and has repurchased $95.3 million year-to-date. Speakers remained the core driver at $285.3 million of revenue, and the Americas contributed $238.4 million. Results also reflect restructuring charges and ongoing legal and transaction-related costs, which Sonos excludes from its non-GAAP metrics.