STOCK TITAN

Director at Sonos (NASDAQ: SONO) buys 50 shares to close short

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sonos Inc director Carmine Arabia bought 50 shares of common stock in an open-market purchase at $14.49 per share. After this trade on May 6, 2026, Arabia directly held 14,364 Sonos shares. According to a footnote, the purchase closed a prior 50-share short position opened before Arabia was subject to Section 16.

Positive

  • None.

Negative

  • None.
Insider Arabia Carmine
Role null
Bought 50 shs ($724.50)
Type Security Shares Price Value
Purchase Common Stock 50 $14.49 $724.50
Holdings After Transaction: Common Stock — 14,364 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 50 shares Open-market purchase on May 6, 2026
Purchase price $14.49 per share Price paid for Sonos common stock
Shares held after transaction 14,364 shares Direct ownership following the purchase
Short position size 50 shares Short sale closed by the May 6, 2026 purchase
Section 16 regulatory
"Before the Reporting Person became subject to Section 16, a third party investment manager..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
short sale financial
"...investment manager with sole investment discretion on behalf of the Reporting Person effected a short sale of 50 shares..."
A short sale is when an investor borrows shares they do not own, sells them now, and aims to buy them back later at a lower price to return to the lender, pocketing the difference. It matters to investors because it expresses a bet that a stock will fall, can increase volatility and trading volume, and carries the risk of large losses if the stock instead rises—similar to selling a borrowed item hoping its price drops before you must replace it.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
common stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Arabia Carmine

(Last)(First)(Middle)
C/O SONOS, INC.
301 COROMAR DRIVE

(Street)
SANTA BARBARA CALIFORNIA 93117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sonos Inc [ SONO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026P(1)50A$14.4914,364(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Before the Reporting Person became subject to Section 16, a third party investment manager with sole investment discretion on behalf of the Reporting Person effected a short sale of 50 shares of Sonos common stock and borrowed shares from an unaffiliated broker for delivery against the sale. On May 6, 2026, the Reporting Person purchased and delivered 50 shares of Sonos common stock to close the short position.
/s/ Rebecca Schuster by power of attorney05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sonos (SONO) director Carmine Arabia report?

Carmine Arabia reported an open-market purchase of 50 shares of Sonos common stock at $14.49 per share on May 6, 2026. This Form 4 filing reflects a relatively small insider buying transaction in Sonos shares.

How many Sonos (SONO) shares does Carmine Arabia hold after this Form 4?

Following the reported transaction, Carmine Arabia directly holds 14,364 shares of Sonos common stock. The purchase of 50 shares modestly increased his direct ownership and is documented as a routine open-market trade in the Form 4.

Did a third-party manager play a role in the Sonos (SONO) insider transaction?

A third-party investment manager with sole investment discretion on Arabia’s behalf previously executed a short sale of 50 Sonos shares. Arabia later purchased and delivered 50 shares on May 6, 2026 to close this short position, as noted in the footnote.

What does the Form 4 say about Section 16 status for Sonos (SONO) director Arabia?

The footnote states the short sale occurred before Carmine Arabia became subject to Section 16. The May 6, 2026 purchase of 50 shares was then used to close that earlier short position once he was a reporting insider.