Sonos CFO Casey Saori Sells Nearly 25,000 Shares Worth Over $400,000
Sonos (Nasdaq: SONO) Chief Financial Officer Casey Saori sold 24,518 shares of common stock worth over $400,000 on August 14, according to a recent Form 4 filing with the U.S. Securities and Exchange Commission (SEC). This transaction was not a discretionary sale but rather a pre-determined arrangement to cover tax obligations related to the vesting and settlement of equity awards, and does not represent an active reduction in holdings by an executive on the open market. Following the transaction, Casey Saori directly holds 220,790 shares of Sonos stock, representing approximately 0.19% of the company's outstanding shares.
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