STOCK TITAN

Sphere Entertainment (SPHR) director granted 1,173 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider SYKES JOHN L
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,173 $0.00 --
Holdings After Transaction: Restricted Stock Units — 27,092 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
RSU grant size 1,173 RSUs Grant to director John L. Sykes on reported date
Post-grant holdings 27,092 shares-related units Total direct holdings after RSU award
RSU conversion ratio 1 RSU = 1 share or cash equivalent Each RSU under 2020 Stock Plan for Non-Employee Directors
Vesting status Fully vested on grant date RSUs granted to non-employee director
Settlement timing 90 days after separation from service First business day 90 days post-separation
Restricted Stock Units financial
"Each restricted stock unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Stock Plan for Non-Employee Directors"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Stock Plan for Non-Employee Directors regulatory
"granted under the Sphere Entertainment Co. 2020 Stock Plan for Non-Employee Directors, as amended"
Class A Common Stock financial
"represents a right to receive one share of Class A Common Stock or the cash equivalent thereof"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
separation from service regulatory
"will be settled in stock or in cash on the first business day 90 days after a separation from service"
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SEC Form 4
FORM 4UNITED 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*
SYKES JOHN L

(Last)(First)(Middle)
TWO PENNSYLVANIA PLAZA

(Street)
NEW YORK NEW YORK 10121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sphere Entertainment Co. [ SPHR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/10/2026A1,173 (2) (2)Class A Common Stock1,173$027,092D
Explanation of Responses:
1. 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.
2. 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.
/s/ Mark C. Cresitello, Attorney-in-Fact for John L. Sykes06/12/2026
** Signature of Reporting PersonDate
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 Entertainment (SPHR) report for John L. Sykes?

Sphere Entertainment reported that director John L. Sykes received 1,173 restricted stock units. These RSUs were granted as director compensation and increase his direct holdings to 27,092 share-linked units.

How many restricted stock units did SPHR director John L. Sykes receive?

John L. Sykes received 1,173 restricted stock units. Each RSU represents one share of Class A Common Stock or its cash equivalent and is part of Sphere Entertainment’s 2020 Stock Plan for Non-Employee Directors.

Are the RSUs granted to SPHR director John L. Sykes immediately vested?

Yes, the RSUs granted to John L. Sykes are fully vested on the grant date. Although vested immediately, they will be settled in stock or cash after he separates from service, following the plan’s terms.

When will John L. Sykes’ Sphere Entertainment RSUs be settled?

The RSUs will be settled in stock or cash on the first business day 90 days after John L. Sykes’ separation from service. This delayed settlement feature is defined in the company’s 2020 Stock Plan for Non-Employee Directors.

What is John L. Sykes’ total Sphere Entertainment share-based holding after this RSU grant?

After the grant, John L. Sykes holds 27,092 shares-related units. This figure includes the newly awarded 1,173 restricted stock units reported in the Form 4 as direct ownership in Sphere Entertainment.