A Form 4 filed with the SEC on August 17, 2026 discloses that Thomas Conrad, Chief Executive Officer and Director of Sonos Inc (NASDAQ:SONO), reported the vesting of restricted stock units and a related share withholding transaction dated August 14, 2026.

Key Highlights

  • RSU vesting: 20,414 restricted stock units vested on August 14, 2026, each representing a contingent right to receive one share of common stock for no consideration.
  • Shares withheld for taxes: 10,748 shares were disposed of at $16.59 per share, withheld by the issuer to satisfy federal and state tax withholding obligations.
  • Post-transaction ownership: Following both transactions, Conrad Thomas directly holds 353,431 shares of common stock.
  • Remaining derivative securities: Thomas retains 443,101 restricted stock units following the reported transactions.
  • Grant date and vesting schedule: The RSUs were originally granted on July 22, 2025, with 1/4 vesting on the first anniversary and 1/16 vesting in equal quarterly installments thereafter, subject to continuing employment and double-trigger acceleration.

RSU Settlement and Tax Withholding Details for Sonos CEO

According to the filing, Thomas Conrad, serving as both Chief Executive Officer and Director of Sonos Inc, reported two transactions on August 14, 2026, both arising from the settlement of previously granted restricted stock units. The filing identifies the issuer as Sonos Inc, trading on NASDAQ under the symbol SONO.

The first transaction, coded "M," reflects the vesting and settlement of 20,414 restricted stock units, which were acquired as common stock. Per the filing's explanation, each RSU represented "a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration." Immediately following this acquisition, Conrad Thomas beneficially owned 364,179 shares directly. The second transaction, coded "F," records the disposal of 10,748 shares at a price of $16.59 per share. The filing states this was an "exempt transaction pursuant to Section 16b-3(e)" in which shares were "withheld by the Issuer in accordance with the agreement governing the RSUs to satisfy federal and state tax withholding obligations." After this withholding, direct beneficial ownership stood at 353,431 shares of common stock.

On the derivative securities side, the filing notes that the 20,414 RSUs settled in this transaction were part of a grant made on July 22, 2025. The RSUs are subject to a modified vesting schedule and to double-trigger acceleration, as described in the filing. Following the settlement, Conrad Thomas retains 443,101 RSUs directly. The Form 4 was signed by Rebecca Schuster by power of attorney and filed on August 17, 2026.

What Was Disclosed

The filing reports the August 14, 2026 vesting of 20,414 RSUs held by Sonos CEO Thomas Conrad, with 10,748 shares withheld at $16.59 to cover tax obligations, leaving him with 353,431 shares of common stock and 443,101 remaining RSUs.