Sonos COO earns 21,330 performance shares for FY2026
The units are contingent rights to common shares, with earned awards generally vesting after three years subject to continued employment and committee approval.
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Rhea-AI Filing Summary
Sonos Inc (SONO) Chief Operating Officer Frank Barbieri acquired 21,330 performance share units on November 5, 2026; the units were earned for fiscal 2026 based on performance criteria determined by the Compensation and People Committee. Each unit represents a contingent right to receive one common share for no consideration. The award was granted May 15, 2026, and earned units generally vest at the end of a three-year term, subject to continued employment and Committee approval of performance attainment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F1, F2 | 21,330 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. These PSUs were granted on May 15, 2026. Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of three, one year performance goals (a combination of 60% of the award) and a relative TSR performance goal measured over three years (40% of the award), as determined by the Compensation and People Committee (the "Committee"). The number of shares reported represents the number of PSUs that were earned for fiscal 2026 as a result of the achievement of pre-established financial performance criteria, as determined by the Committee on November 5, 2026. PSUs awards have a three-year vesting term generally 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.
Key Figures
Key Terms
relative TSR performance goal financial
vesting term financial
performance attainment financial
FAQ
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What performance conditions apply to Frank Barbieri's SONO PSU award?
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