Sphere 3D CFO granted 250,000 RSUs
Kalbfleisch Kurt L. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kalbfleisch Kurt L. reported acquisition or exercise transactions in this Form 4 filing.
Sphere 3D Corp. reported that Chief Financial Officer Kurt L. Kalbfleisch received a grant of 250,000 restricted stock units, each representing one common share. These RSUs were granted under the company’s equity plan and will vest in four equal installments from December 1, 2026 through June 1, 2028, with full acceleration possible upon a defined Vesting Event. Following this award, he holds 425,815 common shares directly, and Form 4 also notes indirect holdings of 215 common shares held by a son and 215 common shares held by a daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 250,000 shares
Grant/Award
3 txns
Insider
Kalbfleisch Kurt L.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 250,000 | $0.00 | $0.00 |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 425,815 shares (Direct);
Common Shares — 215 shares (Indirect, By Daughter);
Common Shares — 215 shares (Indirect, By Son)
Footnotes (1)
- F1. Represents a grant of 250,000 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 four equal installments on December 1, 2026, June 1, 2027, December 1, 2027 and June 1, 2028, 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
RSU grant size: 250,000 RSUs
Grant price: $0.0000 per share
Direct holdings after grant: 425,815 common shares
+4 more
7 metrics
RSU grant size
250,000 RSUs
Grant to CFO on June 8, 2026, each for one common share
Grant price
$0.0000 per share
RSU award price under equity plan
Direct holdings after grant
425,815 common shares
Total direct shares following RSU award
Indirect holding by son
215 common shares
Indirect ownership classified as By Son
Indirect holding by daughter
215 common shares
Indirect ownership classified as By Daughter
First vesting date
December 1, 2026
First of four equal RSU vesting installments
Final vesting date
June 1, 2028
Last of four equal RSU vesting installments
Key Terms
restricted stock units ("RSUs"), equity plan, Vesting Event, Change in Control Vesting Event
4 terms
restricted stock units ("RSUs") financial
"Represents a grant of 250,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
equity plan financial
"The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan."
An equity plan is a company program that gives employees, executives or directors a stake in the business through stock, stock options or similar ownership awards, like handing out slices of a pie to people who help bake it. It matters to investors because these grants can motivate key personnel and align their interests with shareholders, but they also increase the number of shares over time and can dilute existing ownership and affect reported earnings.
Vesting Event financial
"subject to full acceleration upon the occurrence of a Vesting Event."
Change in Control Vesting Event financial
"A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ANY CFO Kurt Kalbfleisch report?
Sphere 3D CFO Kurt L. Kalbfleisch reported receiving 250,000 restricted stock units. Each RSU represents a contingent right to one common share, granted under the company’s equity plan on June 8, 2026.
How do the 250,000 RSUs for ANY’s CFO vest over time?
The 250,000 RSUs vest in four equal installments. Vesting dates are December 1, 2026, June 1, 2027, December 1, 2027 and June 1, 2028, subject to continued service and the plan terms.
What is a Vesting Event in the ANY CFO’s RSU award?
A Vesting Event fully accelerates vesting of the RSUs. It means either a Change in Control Vesting Event, as defined in the RSU Award Agreement, or a dissolution, liquidation or wind-up of Sphere 3D Corp.
Are the 250,000 ANY RSUs an open-market purchase or sale?
The 250,000 RSUs are a compensation grant, not a market trade. They were awarded at a price of $0.0000 per share under Sphere 3D’s equity plan, classified as a grant, award, or other acquisition.
Does the ANY CFO’s RSU grant accelerate on a company sale?
The RSUs fully accelerate upon a Vesting Event. This includes a Change in Control Vesting Event, as defined in the RSU Award Agreement, which generally relates to certain change-of-control situations for Sphere 3D Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.
