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Sonos (SONO) CEO receives 218,553 RSUs, total RSU holdings 545,168

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

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 Conrad Thomas
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 218,553 $0.00 --
Holdings After Transaction: Restricted Stock Units — 545,168 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
RSUs granted 218,553 units Restricted stock units granted to CEO on May 15, 2026
Price per RSU $0.00 per unit No cash consideration required at settlement
Total RSUs after grant 545,168 units CEO’s RSU holdings following this award
Initial vesting portion 33.33% Vests on first anniversary of May 15, 2026 grant date
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement"
double-trigger acceleration financial
"The RSUs are subject to double-trigger acceleration."
vesting financial
"These RSUs will vest on the following schedule: 33.33% of the shares subject to the RSU will vest on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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*
Conrad Thomas

(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
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
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
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
Restricted Stock Units(1)05/15/2026A218,553 (2) (2)Common Stock218,553$0545,168D
Explanation of Responses:
1. 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.
2. 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.
/s/ Rebecca Schuster by power of attorney05/18/2026
** 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 did Sonos (SONO) CEO Thomas Conrad report in this Form 4?

Thomas Conrad reported receiving 218,553 restricted stock units as equity compensation. Each unit represents one Sonos common share upon vesting, with no cash payment required at settlement. This award increases his total RSU holdings to 545,168 units.

How many Sonos (SONO) RSUs were granted to the CEO and at what price?

Thomas Conrad was granted 218,553 restricted stock units at a price of $0.00 per unit. The RSUs are a stock-based compensation award, not a market purchase, and convert into Sonos common shares upon vesting and settlement.

What is the vesting schedule for Thomas Conrad’s new Sonos (SONO) RSUs?

The RSUs vest 33.33% on the first anniversary of the May 15, 2026 grant date. The remaining units vest in equal quarterly installments over the next two years, subject to Conrad’s continued employment on each vesting date.

How many Sonos (SONO) RSUs does the CEO hold after this grant?

Following this award, Thomas Conrad holds 545,168 restricted stock units in total. These RSUs represent potential future shares of Sonos common stock, delivered over time as the units vest according to the specified schedule.

What does double-trigger acceleration mean for Sonos (SONO) CEO RSUs?

The RSUs are subject to double-trigger acceleration, meaning vesting can accelerate if two specified events occur. Typically this involves a change in control and a qualifying termination, though the precise conditions are defined in Sonos’s applicable equity agreements.