Sonos Inc. Announces Board and Executive Changes
Ticker: SONO · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1314727
| Field | Detail |
|---|---|
| Company | Sonos Inc (SONO) |
| Form Type | 8-K |
| Filed Date | Jan 14, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, governance, compensation
TL;DR
Sonos board shakeup and exec comp changes filed.
AI Summary
Sonos Inc. announced on January 13, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key personnel.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and execution.
Key Numbers
- 001-38603 — SEC File Number (Registrant's SEC filing identifier)
- 03-0479476 — IRS Employer Identification No. (Registrant's tax identification number)
Key Players & Entities
- Sonos Inc. (company) — Registrant
- January 13, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 301 Coromar Drive (address) — Principal executive offices
- Santa Barbara, California (location) — Principal executive offices location
FAQ
What specific roles have seen departures or appointments?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', but specific names and roles are not detailed in this excerpt.
When was the earliest event reported in this filing?
The earliest event reported is dated January 13, 2025.
What is the principal executive office address for Sonos Inc.?
The principal executive offices are located at 301 Coromar Drive, Santa Barbara, California 93117.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
What is the SIC code for Sonos Inc.?
The Standard Industrial Classification (SIC) code for Sonos Inc. is 3651, categorized under HOUSEHOLD AUDIO & VIDEO EQUIPMENT.
Filing Stats: 417 words · 2 min read · ~1 pages · Grade level 13.4 · Accepted 2025-01-14 16:56:44
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value SONO The Nasdaq Stock Market
Filing Documents
- sono-20250113.htm (8-K) — 22KB
- 0001314727-25-000006.txt ( ) — 141KB
- sono-20250113.xsd (EX-101.SCH) — 2KB
- sono-20250113_lab.xml (EX-101.LAB) — 21KB
- sono-20250113_pre.xml (EX-101.PRE) — 12KB
- sono-20250113_htm.xml (XML) — 3KB
From the Filing
sono-20250113 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 13, 2025 SONOS, INC. (Exact name of registrant as specified in its charter) Delaware 001-38603 03-0479476 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 301 Coromar Drive Santa Barbara , California 93117 (Address of principal executive offices, including zip code) ( 805 ) 965-3001 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value SONO The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 13, 2025, Sonos, Inc. (the "Company") informed Maxime Bouvat-Merlin, the Company's Chief Product Officer ("CPO"), that the Company is eliminating the CPO role, effective immediately. The Company and Mr. Bouvat-Merlin have agreed that he will remain employed by the Company as an advisor to the Interim Chief Executive Officer for a mutually agreed transition period. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SONOS, INC. Date: January 14, 2025 By: /s/ Eddie Lazarus Eddie Lazarus Chief Legal and Strategy Officer