Form 4 for SPHR Sphere Entertainment Co.
Accepted 2026-02-19 00:00:00 ET · period of report 2026-02-17 · accession 0001193125-26-059341 · 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 | 2026-02-19 | 2026-02-17 | SPHR | DOLAN JAMES LAWRENCE | CEO, Executive COB, Dir, 10%, Member of 13(d) Group | F - Tax | $114.71 | -85.4K | 978.5K | -8% | -$9.80M |
| DM | 2026-02-19 | 2026-02-17 | SPHR | DOLAN JAMES LAWRENCE | CEO, Executive COB, Dir, 10%, Member of 13(d) Group | D - Sale to Iss | $114.71 | -23.2K | 1.08M | -2% | -$2.66M |
| DM | 2026-02-19 | 2026-02-17 | SPHR | DOLAN JAMES LAWRENCE | CEO, Executive COB, Dir, 10%, Member of 13(d) Group | M - OptEx | $67.33 | +108.6K | 1.03M | +12% | +$7.31M |
| DM | 2026-02-19 | 2026-02-17 | SPHR | DOLAN JAMES LAWRENCE | CEO, Executive COB, Dir, 10%, Member of 13(d) Group | M - OptEx | $0.00 | -108.6K | 0 | -100% | $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 | 2026-02-17 | F | D | 63,761 | $114.71 | 1,000,138 | D | — | — | (F4) Represents shares of Class A Common Stock withheld to satisfy the exercise price in connection with the exercise of stock options described in footnote 1, exempt under Rule 16b-3. (F2) Includes shares jointly held with spouse. (F3) Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities. |
| 2 | Common | Class A Common Stock | 2026-02-17 | D | D | 11,599.50 | $114.71 | 1,063,899 | D | — | — | (F1) Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash. (F2) Includes shares jointly held with spouse. (F3) Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities. |
| 3 | Common | Class A Common Stock | 2026-02-17 | D | D | 11,599.50 | $114.71 | 1,075,498.50 | D | — | — | (F1) Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash. (F2) Includes shares jointly held with spouse. (F3) Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities. |
| 4 | Common | Class A Common Stock | 2026-02-17 | M | A | 54,315 | $67.33 | 1,087,098 | D | — | — | (F1) Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash. (F2) Includes shares jointly held with spouse. (F3) Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities. |
| 5 | Common | Class A Common Stock | 2026-02-17 | M | A | 54,315 | $67.33 | 1,032,783 | D | — | — | (F1) Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash. (F2) Includes shares jointly held with spouse. (F3) Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities. |
| 6 | Common | Class A Common Stock | 2026-02-17 | F | D | 21,670 | $114.71 | 978,468 | D | — | — | (F5) Represents shares of Class A Common Stock withheld to satisfy tax withholding obligations in connection with the exercise and settlement of stock options described in footnote 1, exempt under Rule 16b-3. (F2) Includes shares jointly held with spouse. (F3) Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities. |
| 7 | Derivative | Stock Options (Rights to Buy) | 2026-02-17 | M | D | 54,315 | $0.00 | 0 | D | $67.33 · 2021-08-28 to 2026-02-25 | 54,315 Class A Common Stock | (F1) Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash. |
| 8 | Derivative | Stock Options (Rights to Buy) | 2026-02-17 | M | D | 54,315 | $0.00 | 0 | D | $67.33 · — to 2026-02-25 | 54,315 Class A Common Stock | (F1) Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash. (F8) Two-thirds of the stock options were fully vested on the date of grant, July 9, 2021, and the remaining one-third vested on August 29, 2021. |