Form 4 for SPHR Sphere Entertainment Co.
Accepted 2025-09-17 00:00:00 ET · period of report 2025-09-15 · accession 0001193125-25-206148 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-09-17 | 2025-09-15 | SPHR | Franco Laura | EVP, GC | M - OptEx | $0.00 | +10.7K | 15.3K | +232% | $0 |
| D | 2025-09-17 | 2025-09-15 | SPHR | Franco Laura | EVP, GC | F - Tax | $60.29 | -4,318 | 11.0K | -28% | -$260.3K |
| DM | 2025-09-17 | 2025-09-15 | SPHR | Franco Laura | EVP, GC | M - OptEx | $0.00 | -10.7K | 1,093 | -91% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-09-15 | M | A | 1,093 | $0.00 | 14,012 | D | — | — | (F2) Each RSU was granted on April 22, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026. |
| 2 | Common | Class A Common Stock | 2025-09-15 | M | A | 8,302 | $0.00 | 12,919 | D | — | — | (F1) Each restricted stock unit ("RSU") was granted on April 22, 2024 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025. 24% of the RSUs are scheduled to vest and settle on September 15, 2026. 4% of the RSUs are scheduled to vest and settle on September 15, 2027. |
| 3 | Common | Class A Common Stock | 2025-09-15 | F | D | 4,318 | $60.29 | 11,017 | D | — | — | |
| 4 | Common | Class A Common Stock | 2025-09-15 | M | A | 1,323 | $0.00 | 15,335 | D | — | — | (F3) Each RSU was granted on August 27, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027. |
| 5 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 8,302 | $0.00 | 5,812 | D | — · — to 2027-09-15 | 8,302 Class A Common Stock | (F1) Each restricted stock unit ("RSU") was granted on April 22, 2024 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025. 24% of the RSUs are scheduled to vest and settle on September 15, 2026. 4% of the RSUs are scheduled to vest and settle on September 15, 2027. |
| 6 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 1,323 | $0.00 | 2,647 | D | — · — to 2027-09-15 | 1,323 Class A Common Stock | (F3) Each RSU was granted on August 27, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027. |
| 7 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 1,093 | $0.00 | 1,093 | D | — · — to 2026-09-15 | 1,093 Class A Common Stock | (F2) Each RSU was granted on April 22, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026. |