Sonos COO granted 102,447 RSUs
Barbieri Frank reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Barbieri Frank reported acquisition or exercise transactions in this Form 4 filing.
Sonos Inc Chief Operating Officer Frank Barbieri received a grant of 102,447 restricted stock units. These RSUs give him the right to receive an equal number of Sonos common shares for no cash payment when they vest.
The award will vest over three years. One-third of the RSUs (33.33% of the 102,447 units) will vest on the first anniversary of the grant date of May 15, 2026, and the rest will vest in equal quarterly installments over the following two years, as long as he remains employed on each vesting date. The RSUs are also subject to double-trigger acceleration, which generally allows faster vesting if specified employment and change-of-control conditions are both met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 102,447 shares
Grant/Award
1 txn
Insider
Barbieri Frank
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 102,447 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 102,447 contracts (Direct)
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
RSUs granted: 102,447 units
Underlying common stock: 102,447 shares
Initial vesting tranche: 33.33% of 102,447 units
+2 more
5 metrics
RSUs granted
102,447 units
Restricted stock unit award to COO on May 15, 2026
Underlying common stock
102,447 shares
Shares of Sonos common stock deliverable upon RSU vesting
Initial vesting tranche
33.33% of 102,447 units
First tranche vests on first anniversary of May 15, 2026 grant date
Exercise/settlement price
$0.00 per share
RSUs settle for no cash consideration upon vesting
Post-transaction derivative holdings
102,447 RSUs
Total restricted stock units held following this award
Key Terms
Restricted Stock Units, RSU, double-trigger acceleration, vesting
4 terms
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive 1 share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
double-trigger acceleration financial
"The RSUs are subject to double-trigger acceleration."
A contractual feature in employee equity plans that speeds up the vesting of stock awards only when two specific events happen, most commonly a change of company control (like a sale or merger) and a qualifying termination of employment (such as being fired without cause). It matters to investors because it can change how much equity converts or becomes payable in a deal — like a safety net that frees up shares only if both conditions occur — affecting takeover costs, share dilution, and employee incentives around transactions.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sonos (SONO) report for Frank Barbieri?
Sonos reported that Chief Operating Officer Frank Barbieri received 102,447 restricted stock units. Each RSU represents the right to receive one share of Sonos common stock at no cost when vesting conditions are met.
How many Sonos (SONO) RSUs were granted to the COO in this Form 4?
The Form 4 shows a grant of 102,447 restricted stock units to the Chief Operating Officer. These RSUs correspond to 102,447 underlying shares of Sonos common stock if fully vested and settled.
What is the vesting schedule for Frank Barbieri’s Sonos (SONO) RSU grant?
The RSUs vest over three years: 33.33% of the 102,447 units vest on May 15, 2027, the first anniversary of the grant date, with the remaining units vesting in equal quarterly installments over the next two years, subject to continued employment.
Does the Sonos (SONO) RSU grant to the COO have double-trigger acceleration?
Yes. The filing states the RSUs are subject to double-trigger acceleration, meaning vesting can accelerate if two specified conditions are met, typically involving a change-of-control event combined with qualifying employment-related conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
