SONO CFO files Form 4 for fiscal 2025 PSUs at $0 price

Rhea-AI Filing Summary

Sonos (SONO) disclosed that its Chief Financial Officer filed a Form 4 reporting the acquisition of performance share units (PSUs) earned for fiscal 2025 on 11/11/2025. The filing lists 130,246 PSUs and 55,198 PSUs (transaction code A) at a price of $0, each PSU representing the right to receive one share of common stock upon vesting for no consideration.

The PSUs were originally granted on 2/15/2024 and 11/15/2024 and are eligible to pay out between 0%–200% of target based on one-year performance goals determined by the Compensation and People Committee. Earned PSUs have a three-year vesting term based on continued employment and vest upon Committee approval at the end of that term. Ownership is reported as direct.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Casey Saori

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Share Units	130,246	$0.00	--
Grant/Award	Performance Share Units	55,198	$0.00	--

Holdings After Transaction: Performance Share Units — 130,246 shares (Direct)

Footnotes (1)

1. Each performance share unit ("PSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Compensation and People Committee (the "Committee"). These PSUs were granted on February 15, 2024. The number of shares reported represents the number of PSUs that were earned for fiscal 2025 as a result of the achievement of performance criteria, as determined by the Committee on November 11, 2025. PSUs awards have a three-year vesting term based on continued employment, and, to the extent earned, will vest upon Committee approval of performance attainment at the end of the three-year term. Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Committee. These PSUs were granted on November 15, 2024. The number of shares reported represents the number of PSUs that were earned for fiscal 2025 as a result of the achievement of performance criteria, as determined by the Committee on November 11, 2025. PSUs awards have a three-year vesting term based on continued employment, and, to the extent earned, will vest upon Committee approval of performance attainment at the end of the three-year term.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Casey Saori

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025

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

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
Performance Share Units	(1)	11/11/2025		A		130,246		(2)	(2)	Common Stock	130,246	$0	130,246	D
Performance Share Units	(1)	11/11/2025		A		55,198		(3)	(3)	Common Stock	55,198	$0	55,198	D

Explanation of Responses:

1. Each performance share unit ("PSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.

2. Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Compensation and People Committee (the "Committee"). These PSUs were granted on February 15, 2024. The number of shares reported represents the number of PSUs that were earned for fiscal 2025 as a result of the achievement of performance criteria, as determined by the Committee on November 11, 2025. PSUs awards have a three-year vesting term based on continued employment, and, to the extent earned, will vest upon Committee approval of performance attainment at the end of the three-year term.

3. Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Committee. These PSUs were granted on November 15, 2024. The number of shares reported represents the number of PSUs that were earned for fiscal 2025 as a result of the achievement of performance criteria, as determined by the Committee on November 11, 2025. PSUs awards have a three-year vesting term based on continued employment, and, to the extent earned, will vest upon Committee approval of performance attainment at the end of the three-year term.

	/s/ Rebecca Schuster by power of attorney	11/13/2025
	** 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).
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