Coliseum entities add 228,920 Sonos (SONO) shares in open-market buys
Rhea-AI Filing Summary
Coliseum Capital–managed entities reported open-market purchases of Sonos Inc. common stock. Over three days, they bought a total of 228,920 shares at prices ranging from $13.15 to $13.69 per share, including 90,000 shares on March 13, 2026, 13,920 shares on March 16, 2026 and 125,000 shares on March 17, 2026.
After these transactions, the entities collectively held 18,070,762 Sonos shares indirectly. Footnotes state that Coliseum Capital Partners, L.P., Coliseum Co-Invest IV, L.P. and a separate account advisory client directly hold the shares, and various Coliseum-affiliated parties disclaim beneficial ownership beyond their pecuniary interests.
Positive
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Negative
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Insights
Coliseum-related funds modestly increased their indirect Sonos stake through open-market buying.
The filing shows investment entities advised by Coliseum Capital Management executing three open-market purchases totaling 228,920 Sonos shares between March 13–17, 2026, at prices around $13–$14. These are straightforward cash purchases of common stock with no derivatives or complex structures.
Post-trade, the entities collectively hold 18,070,762 shares, with footnotes detailing that Coliseum Capital Partners, L.P., Coliseum Co-Invest IV, L.P. and a separate account are the direct holders. Individual managers and related entities expressly disclaim beneficial ownership beyond their economic interests, emphasizing this is an institutional position rather than personal insider trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 125,000 | $13.57 | $1.70M |
| Purchase | Common Stock | 13,920 | $13.25 | $184K |
| Purchase | Common Stock, $0.001 par value per share ("Common Stock") | 90,000 | $13.20 | $1.19M |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.15 to $13.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The shares of Common Stock reported herein are held directly by (a) Coliseum Capital Partners, L.P. ("CCP") and Coliseum Co-Invest IV, L.P. ("CCC IV"), each of which are an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser; and (b) a separate account investment advisory client of CCM (the "Separate Account"). Christopher S. Shackelton ("Shackelton") and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.44 to $13.69, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Following the transactions reported herein, CCP directly owned 12,923,136 shares of Common Stock, CCC IV directly owned 2,120,482 shares of Common Stock and the Separate Account directly owned 3,027,144 shares of Common Stock.
