Casey Saori 4

What Happened Casey Saori, Chief Financial Officer of Sonos, had 46,565 restricted stock units (RSUs) vest and convert into common shares on February 13, 2026. The company withheld 16,477 of those shares to satisfy tax withholding obligations at $16.29 per share, generating proceeds of $268,410. The net shares delivered to Saori after withholding were 30,088 shares. This was a routine vesting/settlement of RSUs, not an open-market purchase or sale.

Key Details

• Transaction date: February 13, 2026; Form 4 filed February 17, 2026 (filed within the usual 2-business-day window).
• Gross shares vesting/issued: 46,565 RSUs converted to shares.
• Shares withheld for taxes: 16,477 @ $16.29 = $268,410.
• Net shares delivered to insider: 30,088 shares (46,565 vested − 16,477 withheld).
• Filing notes: Vesting/settlement of RSUs (no cash consideration). Withholding is an exempt transaction under Rule 16b-3(e) to cover tax liabilities.
• Vesting schedule/terms (from footnotes): RSUs vest over time (initial 33.33% after first anniversary, then quarterly over two years, subject to continued employment and double-trigger acceleration).

Context

• This filing reflects routine equity compensation settlement and tax withholding (common for RSU vesting), not a market sale indicating sentiment. The derivative/“M” codes reflect conversion/settlement of RSUs into shares; the “F” code reflects shares withheld to cover taxes. The filing does not report total post-transaction beneficial ownership in this Form 4.