Sphere 3D CAO nets shares after RSU vesting

Sphere 3D Corp. Chief Accounting Officer Reppas Tiah Norton reported routine equity compensation activity.

Rhea-AI Filing Summary

Sphere 3D Corp. Chief Accounting Officer Reppas Tiah Norton reported routine equity compensation activity. On March 11, 2026, 16,250 restricted stock units converted into the same number of common shares at a $0.00 exercise price. On March 12, 2026, 6,250 of those shares were sold at $1.61 per share to satisfy the company’s tax withholding obligations tied to the RSU vesting, rather than as a discretionary open-market sale. After these transactions, the officer directly held 12,384 common shares and 90,000 RSUs with scheduled vesting through 2027, with all balances reflecting a prior 1-for-10 reverse stock split.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Reppas Tiah Norton

Role Chief Accounting Officer

Sold 6,250 shs ($10K)

Approx. gross sale proceeds $10K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Common Stock	6,250	$1.61	$10K
Exercise	Restricted Stock Unit (RSU)	16,250	$0.00	$0.00
Exercise	Common Stock	16,250	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit (RSU) — 90,000 contracts (Direct); Common Stock — 12,384 shares (Direct)

Footnotes (4)

1. F1. Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
2. F2. This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on March 11, 2026.
3. F3. The common share balance has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026.
4. F4. The RSUs reported under Column 9 include three awards. The underlying outstanding shares and vesting schedules are as follows: (i) 5,000 shares outstanding of which 1,250 shares vest quarterly from June 1, 2026 until March 1, 2027; (ii) 35,000 outstanding shares of which 5,000 shares vest quarterly from June 1, 2026 until December 1, 2027; and (iii) 50,000 outstanding shares which vest in full on March 4, 2027.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Sphere 3D (ANY) report for its Chief Accounting Officer?

Sphere 3D’s Chief Accounting Officer reported RSU vesting into 16,250 common shares, followed by the sale of 6,250 shares at $1.61 each. The sale was specifically to cover the issuer’s tax withholding obligations tied to the RSU release on March 11, 2026.

Was the Sphere 3D (ANY) insider share sale a discretionary open-market transaction?

The 6,250-share sale at $1.61 was not a discretionary open-market trade. A footnote explains it was executed to satisfy the company’s tax withholding obligations stemming from vested RSUs, which makes it a mechanistic tax-related disposition rather than a signal-driven transaction.

How many Sphere 3D (ANY) shares does the insider hold after these transactions?

Following the reported transactions, the Chief Accounting Officer directly holds 12,384 shares of Sphere 3D common stock. This post-transaction balance already reflects the company’s 1-for-10 reverse stock split that became effective on February 9, 2026, as noted in the footnotes.

What RSU position does the Sphere 3D (ANY) officer retain after the Form 4 filing?

After the RSU conversion, the officer still holds 90,000 restricted stock units. Footnotes detail three grants: 5,000, 35,000, and 50,000 underlying shares, with quarterly vesting beginning June 1, 2026, and final vesting dates running through March 4, 2027.

How are the remaining Sphere 3D (ANY) RSUs scheduled to vest for the insider?

The RSUs vest in stages: 1,250 shares quarterly from June 1, 2026 to March 1, 2027 on a 5,000-share award, 5,000 shares quarterly from June 1, 2026 to December 1, 2027 on a 35,000-share award, and 50,000 shares vest fully on March 4, 2027.

Did Sphere 3D’s reverse stock split affect the insider share counts reported?

Yes. A footnote clarifies the common share balance has been adjusted for Sphere 3D’s 1-for-10 reverse stock split effective February 9, 2026. This means all common share amounts in the Form 4 are presented on a post-split basis for consistency.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/13/2026 - 08:22 PM Learn about SEC filing dates

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^*

Reppas Tiah Norton

(Last) (First) (Middle)

FIRST EXECUTIVE SUITES, 100 E SAN MARCOS

SUITE 400

(Street)

SAN MARCOS CA 92069

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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

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

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

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	03/11/2026		M		16,250	A	(1)	18,634	D
Common Stock(2)	03/12/2026		S		6,250	D	$1.61	12,384(3)	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)	03/11/2026		M			16,250	03/01/2026	03/01/2026	Common Stock	16,250	(1)	90,000(4)	D

Explanation of Responses:

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

2. This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on March 11, 2026.

3. The common share balance has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026.

4. The RSUs reported under Column 9 include three awards. The underlying outstanding shares and vesting schedules are as follows: (i) 5,000 shares outstanding of which 1,250 shares vest quarterly from June 1, 2026 until March 1, 2027; (ii) 35,000 outstanding shares of which 5,000 shares vest quarterly from June 1, 2026 until December 1, 2027; and (iii) 50,000 outstanding shares which vest in full on March 4, 2027.

	By: Denise Garrett For: Tiah Reppas	03/13/2026
	** 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.