Sonos SEC Filings

Conrad Thomas reported acquisition or exercise transactions in this Form 4 filing.

Sonos Inc Chief Executive Officer Thomas Conrad received a grant of 218,553 restricted stock units. Each RSU represents a right to receive one share of Sonos common stock upon vesting and settlement for no cash payment.

These RSUs will vest 33.33% on the first anniversary of the May 15, 2026 grant date, then in equal quarterly installments over the following two years, as long as he remains employed on each vesting date. After this award, Conrad holds 545,168 RSUs in total, providing long-term equity-based compensation that ties his interests to company performance. The RSUs are also subject to double-trigger acceleration as described in the filing.

Sonos Inc Chief Financial Officer Saori Casey reported routine equity compensation activity involving restricted stock units. On May 15, 2026, RSUs vested and were converted into common stock through derivative exercises, while a portion of shares was withheld to cover tax obligations.

The filing shows exercises of derivative securities into 46,565 shares of common stock and a separate tax-withholding disposition of 20,622 shares, which the company withheld to satisfy federal and state tax liabilities from RSU vesting. No open-market purchases or sales were reported; these transactions are characterized as exempt under Section 16b-3(e) and reflect standard compensation and tax-settlement mechanics rather than discretionary trading.

Barbieri Frank reported acquisition or exercise transactions in this Form 4 filing.

Sonos Inc Chief Operating Officer Frank Barbieri received a grant of 102,447 restricted stock units. These RSUs give him the right to receive an equal number of Sonos common shares for no cash payment when they vest.

The award will vest over three years. One-third of the RSUs (33.33% of the 102,447 units) will vest on the first anniversary of the grant date of May 15, 2026, and the rest will vest in equal quarterly installments over the following two years, as long as he remains employed on each vesting date. The RSUs are also subject to double-trigger acceleration, which generally allows faster vesting if specified employment and change-of-control conditions are both met.

Sonos, Inc. ownership update: a group of related investment vehicles and principals led by Coliseum Capital report beneficial ownership positions in Sonos common stock. Coliseum Capital Management, LLC and affiliated entities report shared dispositive power over 18,070,762 shares (CCM), 15,043,618 shares (CC), 12,923,136 shares (CCP) and 2,120,482 shares (CCC IV). The filing cites 119,128,671 shares outstanding as of April 17, 2026, with reported percentages of class of 15.2%, 12.6%, 10.8% and 1.8%, respectively. The filing states that CCP, CCC IV and a Separate Account are record owners of 12,923,136, 2,120,482 and 3,027,144 shares, and that Adam Gray and Christopher Shackelton each have shared dispositive power over 18,070,762 shares.

Sonos Inc director Carmine Arabia bought 50 shares of common stock in an open-market purchase at $14.49 per share. After this trade on May 6, 2026, Arabia directly held 14,364 Sonos shares. According to a footnote, the purchase closed a prior 50-share short position opened before Arabia was subject to Section 16.

Sonos Inc executive Frank Barbieri, the company’s Chief Operating Officer, has filed an initial Form 3 statement of beneficial ownership. This filing establishes his status as a reporting person under insider rules. The data provided show no buy, sell, gift, or other share transactions reported in this Form 3.

Sonos, Inc. reported higher sales but mixed profitability for the quarter and first half of fiscal 2026. For the three months ended March 28, 2026, revenue rose to $281.5 million from $259.8 million, while the company posted a net loss of $28.9 million, an improvement from a $70.1 million loss a year earlier.

Gross margin for the quarter improved to 44.3%, helped by lower product and material costs, pricing actions, and favorable foreign exchange, partially offset by higher tariffs and memory costs. Operating expenses declined due to restructuring and cost transformation efforts, though Sonos continues to invest in product development and marketing around recent launches.

For the six-month period, revenue increased to $827.2 million and Sonos generated net income of $64.9 million versus a prior loss, with Adjusted EBITDA of $133.9 million and a 16.2% Adjusted EBITDA margin. The company ended the period with $200.2 million in cash and cash equivalents, $48.9 million in marketable securities, no borrowings on its $80.0 million revolving credit facility, and had repurchased 4.0 million shares for $64.8 million under its buyback program.

Sonos, Inc. reported fiscal Q2 2026 results showing a clear improvement in growth and profitability trends. Revenue rose 8% year-over-year to $281.5 million, driven mainly by Sonos speakers and system products, while GAAP net loss narrowed to $28.9 million with diluted EPS of ($0.24).

First-half fiscal 2026 revenue reached $827.2 million, up 2% year-over-year, with GAAP net income of $64.9 million reversing a prior-year loss. Non-GAAP net income was $112.6 million, and Adjusted EBITDA increased to $133.9 million, reflecting higher gross profit and lower operating expenses.

GAAP gross margin improved to 44.3% in Q2, with non-GAAP gross margin at 46.0%. Sonos returned capital to shareholders, repurchasing $40 million of stock in Q2 and $65 million in the first half. The company also appointed Frank Barbieri as Chief Operating Officer with a compensation package combining salary, bonus opportunity and equity awards, while Chief Legal Officer Eddie Lazarus relinquishes the Business Development Officer role but remains a key strategic leader.

Vanguard Capital Management reported beneficial ownership of 6,119,698 shares of Sonos Inc common stock, representing 5.06% of the class as of 03/31/2026.

The filing states Vanguard has sole voting power over 900,995 shares and sole dispositive power over 6,119,698 shares. The disclosure attributes holdings to Vanguard and affiliated investment divisions.