Sonos CEO awarded 218,553 RSUs in equity grant
Conrad Thomas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Conrad Thomas reported acquisition or exercise transactions in this Form 4 filing.
Sonos Inc Chief Executive Officer Thomas Conrad received a grant of 218,553 restricted stock units. Each RSU represents a right to receive one share of Sonos common stock upon vesting and settlement for no cash payment.
These RSUs will vest 33.33% on the first anniversary of the May 15, 2026 grant date, then in equal quarterly installments over the following two years, as long as he remains employed on each vesting date. After this award, Conrad holds 545,168 RSUs in total, providing long-term equity-based compensation that ties his interests to company performance. The RSUs are also subject to double-trigger acceleration as described in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 218,553 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
- F2. These RSUs will vest on the following schedule: 33.33% of the shares subject to the RSU will vest on the first anniversary of the grant date of May 15, 2026 and thereafter will vest in equal quarterly installments over the next two years, until such time as the RSUs are 100% vested, subject to the continued employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
double-trigger acceleration financial
vesting financial
FAQ
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What did Sonos (SONO) CEO Thomas Conrad report in this Form 4?
How many Sonos (SONO) RSUs were granted to the CEO and at what price?
What is the vesting schedule for Thomas Conrad’s new Sonos (SONO) RSUs?
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