Edward P. Lazarus, Chief Legal Officer of Sonos Inc., filed a Form 4 on August 17, 2026, reporting the vesting of restricted stock units and a related tax-withholding share disposition that occurred on August 14, 2026.

Key Highlights

  • RSU vesting: A total of 42,983 shares of Common Stock were acquired on August 14, 2026 through the vesting and settlement of RSUs (transaction code M).
  • Shares withheld for taxes: 21,314 shares were disposed of at $16.59 per share (transaction code F) to satisfy federal and state tax withholding obligations.
  • Remaining direct ownership: Following the transactions, Lazarus directly holds 497,356 shares of Common Stock, according to the filing.
  • Derivative securities remaining: After vesting, the filing reports 180,168 RSUs remaining in derivative holdings (directly owned).
  • Three RSU tranches vested: The vesting comprised three separate RSU grants of 8,960, 15,117, and 18,906 shares, each with distinct vesting schedules and all subject to double-trigger acceleration.
  • Tax withholding method: The filing states shares were withheld by the issuer "in accordance with the agreement governing the RSUs to satisfy federal and state tax withholding obligations."

Lazarus RSU Vesting Details and Post-Transaction Ownership at Sonos

According to the filing, Edward P. Lazarus, identified as Chief Legal Officer of Sonos Inc. (NASDAQ:SONO), reported transactions on August 14, 2026 involving the vesting of restricted stock units previously granted to him. Three separate RSU grants vested: 8,960 shares, 15,117 shares, and 18,906 shares, for a combined total of 42,983 shares of Common Stock acquired through transaction code M (vesting of RSUs). The filing states that each RSU represents "a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration."

In connection with the RSU vesting, the filing discloses that 21,314 shares were withheld by the issuer at a price of $16.59 per share under transaction code F, described as an "exempt transaction pursuant to Section 16b-3(e)" to cover tax obligations. After these two transactions, Lazarus directly holds 497,356 shares of Common Stock, according to the filing. The remaining derivative security holdings total 180,168 RSUs (directly owned), following the settlement of the vested units.

The filing describes distinct vesting schedules for each of the three RSU tranches. The first tranche began vesting at 1/12 on November 15, 2024, with the remainder vesting quarterly. The second tranche vests over two years, with 15% vesting quarterly in year one and 10% quarterly in year two, both starting from a vesting commencement date of November 15, 2024. The third tranche vests in equal quarterly installments at 1/12 per quarter. All three grants are described as "subject to double-trigger acceleration" and contingent on the continuing employment of the reporting person on each vesting date.

What Was Disclosed

The filing reports the August 14, 2026 vesting of 42,983 RSUs into Common Stock and the concurrent withholding of 21,314 shares at $16.59 for tax purposes, leaving Lazarus with a direct beneficial ownership of 497,356 shares of Sonos Common Stock.