Sonos CFO reports RSU vesting and tax share withholding
Sonos Inc. Chief Financial Officer Casey Saori reported equity compensation activity tied to previously granted restricted stock units on February 13, 2026.
Rhea-AI Filing Summary
Sonos Inc. Chief Financial Officer Casey Saori reported equity compensation activity tied to previously granted restricted stock units on February 13, 2026. RSU vesting and settlement resulted in the acquisition of 46,565 shares of common stock, with each RSU convertible into one share for no cash consideration.
To cover tax obligations from this vesting event, 16,477 shares of common stock were disposed of through shares withheld by the issuer at a price of $16.29 per share, described as a tax-withholding disposition exempt under Section 16b‑3. Following these transactions, Saori continued to hold common stock and additional RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,875 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 21,690 | $0.00 | $0.00 |
| Exercise | Common Stock | 46,565 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,477 | $16.29 | $268K |
Footnotes (5)
- F1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- F2. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
- F3. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were withheld by the Issuer in accordance with the agreement governing the RSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs.
- F4. 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 February 15, 2024 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.
- F5. 1/12 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration.
FAQ
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