Sphere Entertainment director receives RSU grant
SYKES JOHN L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SYKES JOHN L reported acquisition or exercise transactions in this Form 4 filing.
Sphere Entertainment Co. director John L. Sykes received a grant of 1,173 restricted stock units under the company’s 2020 Stock Plan for Non-Employee Directors. Each RSU represents one share of Class A Common Stock or cash and is fully vested on the grant date, with settlement in stock or cash 90 days after his separation from service. Following this award, he holds 27,092 shares-related units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,173 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Stock Plan for Non-Employee Directors, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- F2. The RSUs are fully vested on the date of the grant and will be settled in stock or in cash on the first business day 90 days after a separation from service.
Key Figures
Key Terms
Restricted Stock Units financial
2020 Stock Plan for Non-Employee Directors regulatory
Class A Common Stock financial
separation from service regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sphere Entertainment (SPHR) report for John L. Sykes?
How many restricted stock units did SPHR director John L. Sykes receive?
Are the RSUs granted to SPHR director John L. Sykes immediately vested?
When will John L. Sykes’ Sphere Entertainment RSUs be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.