Sonos (SONO) CFO Casey Saori logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
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
46,565 shares exercised/converted
Mixed
4 txns
Insider
Casey Saori
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,875 | $0.00 | -- |
| Exercise | Restricted Stock Units | 21,690 | $0.00 | -- |
| Exercise | Common Stock | 46,565 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,477 | $16.29 | $268K |
Holdings After Transaction:
Restricted Stock Units — 317,614 shares (Direct);
Common Stock — 189,277 shares (Direct)
Footnotes (1)
- Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. 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. 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. 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
What insider transaction did Sonos (SONO) CFO Casey Saori report?
Casey Saori reported RSU-based equity activity converting into 46,565 Sonos common shares on February 13, 2026. The event reflects vesting and settlement of previously granted restricted stock units at no cash exercise price.
What do the Sonos (SONO) restricted stock units reported by Casey Saori represent?
Each reported restricted stock unit (RSU) represents a contingent right to receive one share of Sonos common stock. Delivery occurs upon vesting and settlement, and the filing states this happens for no consideration from the reporting person.
How do the Sonos (SONO) RSUs reported by the CFO vest over time?
One RSU grant vests 33.33% on February 15, 2025, then in equal quarterly installments over two more years. Another grant vests 1/12 in equal quarterly installments, both subject to continued employment and double‑trigger acceleration terms.
What role does Casey Saori hold at Sonos (SONO) in this Form 4?
The reporting person, Casey Saori, is identified as an officer of Sonos serving as Chief Financial Officer. The Form 4 indicates the transactions involve securities held with direct ownership by the reporting person.