Barbieri Frank 4

What Happened

• Frank Barbieri, Chief Operating Officer of Sonos Inc. (SONO), received an award of 102,447 restricted stock units (RSUs) on May 15, 2026. The award was granted at $0.00 per unit (no cash paid) and is a derivative compensation grant representing a contingent right to receive one share of common stock upon vesting. This is a compensation award (not an open‑market purchase or sale).

Key Details

• Transaction date and type: 2026-05-15 — Grant/Award (code A); 102,447 RSUs granted at $0.00 per unit.
• Vesting: 33.33% vests on the first anniversary of the grant (May 15, 2027), then the remainder vests in equal quarterly installments over the next two years until fully vested, subject to continued employment. The RSUs are subject to double‑trigger acceleration (see below).
• Nature of units: Each RSU equals a contingent right to one share upon settlement for no consideration (footnote summary).
• Shares owned after transaction: Not specified in the provided filing excerpt — check the full Form 4 for total beneficial ownership.
• Filing timeliness: Report filed May 18, 2026 for a May 15 transaction (filed within the typical SEC Form 4 reporting window).

Context

• RSU grants are standard executive compensation and do not reflect an immediate purchase or sale of stock; value to the insider depends on Sonos' future share price at vesting/settlement. Double‑trigger acceleration generally means vesting may accelerate only if a qualifying corporate event (e.g., change in control) occurs and certain termination conditions are met, rather than accelerating solely on a change in control. Check the full Form 4 and company disclosures for complete ownership and plan terms.