Sphere 3D director granted 50,000 RSUs
Hanley Timothy P. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hanley Timothy P. reported acquisition or exercise transactions in this Form 4 filing.
Sphere 3D Corp. director Timothy P. Hanley received an equity grant of 50,000 restricted stock units (RSUs). Each RSU represents a contingent right to receive one common share under the company’s equity plan. The RSUs were granted on June 8, 2026 and will vest in full on June 1, 2027.
The award is subject to full acceleration upon a defined Vesting Event, which includes certain change in control situations or a dissolution, liquidation, or wind-up of Sphere 3D Corp. Following this grant, Hanley’s reported direct holdings are 82,601 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 50,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of 50,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in full on June 1, 2027, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Vesting Event financial
Change in Control Vesting Event financial
FAQ
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What did Sphere 3D (ANY) director Timothy P. Hanley receive in this Form 4?
When do Timothy P. Hanley’s 50,000 Sphere 3D (ANY) RSUs vest?
Under what conditions can Hanley’s Sphere 3D (ANY) RSUs vest early?
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