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Sonos (SONO) director Jonathan Mildenhall awarded 12,725 RSUs in equity grant

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

Rhea-AI Filing Summary

Sonos Inc director Jonathan Mildenhall received an equity grant of 12,725 restricted stock units (RSUs) on Common Stock. The award was reported at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase or sale.

The RSUs will vest in full on the earlier of March 5, 2027 or the next annual meeting of stockholders, as long as he continues to serve through the vesting date. Each RSU converts into one Sonos common share for no cash consideration upon vesting and settlement. Following this grant, he beneficially owns 40,272 shares directly.

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SEC Form 4
FORM 4 UNITED 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*
Mildenhall Jonathan

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

(Street)
SANTA BARBARA CA 93117

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sonos Inc [ SONO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 A(1)(2) 12,725 A (3) 40,272 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the number of shares subject to restricted stock units ("RSUs") that were granted on March 5, 2026.
2. The RSUs will vest in full upon the earlier of March 5, 2027 or the next annual meeting of stockholders, subject to the continuing service of the Reporting Person on the vesting date. Vested shares will be delivered to the Reporting Person following the Reporting Person's separation of service
3. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
/s/ Rebecca Schuster by power of attorney 03/06/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Sonos (SONO) director Jonathan Mildenhall report?

Jonathan Mildenhall reported receiving a grant of 12,725 restricted stock units in Sonos common stock. This is a stock-based compensation award, not an open-market trade, and reflects additional equity tied to his continued board service.

When do Jonathan Mildenhall’s new Sonos (SONO) RSUs vest?

The RSUs vest in full on the earlier of March 5, 2027 or the next Sonos annual stockholder meeting. Vesting is contingent on his continuing service on the vesting date, linking the award directly to his ongoing board role.

How many Sonos (SONO) shares does Jonathan Mildenhall own after this Form 4?

After this grant, Jonathan Mildenhall beneficially owns 40,272 shares of Sonos common stock directly. This total includes the 12,725 RSUs awarded, each representing a right to receive one share upon vesting and settlement.

Did Jonathan Mildenhall pay cash for the new Sonos (SONO) RSUs?

No, he did not pay cash for the RSUs. Each RSU represents a contingent right to receive one Sonos common share upon vesting and settlement for no consideration, making this a non-cash equity compensation grant.

Is Jonathan Mildenhall’s Sonos (SONO) RSU grant a purchase or a compensation award?

The Form 4 identifies the transaction as a grant or award acquisition, not a market purchase. It is part of his equity compensation as a director, with shares delivered only after vesting conditions are satisfied.

What conditions could affect Jonathan Mildenhall’s Sonos (SONO) RSU vesting?

The RSUs will vest only if he continues serving through the vesting date, defined as the earlier of March 5, 2027 or the next annual stockholder meeting. Separation from service before then would affect vesting and delivery of shares.
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