Sphere 3D director exercises 12,630 RSUs
Sphere 3D Corp. director Sue Harnett exercised restricted stock units into common shares.
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Form Type
4
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
Exercise
2 txns
Insider
Harnett Sue
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 12,630 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,630 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 74,074 contracts (Direct);
Common Stock — 32,601 shares (Direct)
Footnotes (1)
- F1. Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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