Sphere 3D (NASDAQ: ANY) director exercises 12,630 RSUs into common shares

Rhea-AI Filing Summary

Sphere 3D Corp. director Sue Harnett exercised restricted stock units into common shares. On May 29, 2026, she acquired 12,630 shares of Common Stock at an exercise price of $0.00 per share through the conversion of RSUs, and held 32,601 common shares directly after the transaction.

Insider Trade Summary

12,630 shares exercised/converted

Mixed 2 txns

Insider Harnett Sue

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit (RSU)	12,630	$0.00	--
Exercise	Common Stock	12,630	$0.00	--

Holdings After Transaction: Restricted Stock Unit (RSU) — 74,074 shares (Direct, null); Common Stock — 32,601 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Common shares acquired: 12,630 shares Exercise price: $0.00 per share Common shares held after: 32,601 shares +2 more

5 metrics

Common shares acquired 12,630 shares Common Stock from RSU exercise on May 29, 2026

Exercise price $0.00 per share Conversion of RSUs into Common Stock

Common shares held after 32,601 shares Direct Sphere 3D common stock holding after transaction

RSUs converted 12,630 units Restricted Stock Units exercised into common shares

RSUs remaining 74,074 units Restricted Stock Unit balance after the derivative transaction

Key Terms

Restricted Stock Unit (RSU), derivative security, Common Stock, contingent right

4 terms

Restricted Stock Unit (RSU) financial

"Restricted Stock Unit (RSU)"

A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

contingent right financial

"Each RSU represents a contingent right to receive one share"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harnett Sue

(Last) (First) (Middle)

C/O SPHERE 3D CORP.

243 TRESSER BLVD., 17TH FLOOR

(Street)

STAMFORD CONNECTICUT 06901

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sphere 3D Corp. [ ANY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/29/2026		M		12,630	A	(1)	32,601	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSU)	(1)	05/29/2026		M			12,630	05/29/2026	05/29/2026	Common Stock	12,630	(1)	74,074	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.

	By: Denise Garrett For: Sue Harnett	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sphere 3D (ANY) director Sue Harnett report?

Director Sue Harnett reported exercising restricted stock units into common shares. On May 29, 2026, she converted RSUs into 12,630 shares of Sphere 3D common stock at an exercise price of $0.00 per share, increasing her direct share ownership.

How many Sphere 3D (ANY) shares did Sue Harnett acquire in this Form 4 filing?

Sue Harnett acquired 12,630 shares of Sphere 3D common stock. These shares came from the exercise of restricted stock units, each RSU representing a contingent right to receive one common share, resulting in additional directly held stock for the director.

What was Sue Harnett’s Sphere 3D (ANY) common stock holding after the RSU exercise?

After the RSU exercise, Sue Harnett directly held 32,601 shares of Sphere 3D common stock. This total reflects the newly issued 12,630 shares from converting restricted stock units plus her prior holdings, as shown in the Form 4 transaction detail.

What happened to Sue Harnett’s restricted stock units in the Sphere 3D (ANY) filing?

12,630 restricted stock units were converted into an equal number of Sphere 3D common shares. Following this derivative transaction, the Form 4 shows 74,074 RSUs remaining credited to her, each representing a contingent right to one common share.

Did the Sphere 3D (ANY) Form 4 show any stock sales by Sue Harnett?

The Form 4 shows only acquisition-type transactions through RSU exercise and no reported stock sales. Both transactions are coded as “M” for derivative exercise or conversion, and the summary data indicate no sell transactions in this filing.