Sphere Entertainment (NYSE: SPHR) awards 1,273 RSUs to senior finance executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Winters Christopher J. reported acquisition or exercise transactions in this Form 4 filing.
Sphere Entertainment Co. reported that SVP, Controller & PAO Christopher J. Winters received a grant of 1,273 Restricted Stock Units on March 11, 2026. Each RSU represents a right to receive one share of Class A Common Stock or the cash equivalent.
The RSUs are scheduled to vest and settle in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029. Following this award, Winters is reported as holding 1,273 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winters Christopher J.
Role
SVP, Controller & PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,273 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,273 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs are scheduled to vest and settle in three equal installments on March 15, 2027, March 15, 2028 and March 15, 2029.
FAQ
What insider transaction did Sphere Entertainment Co. (SPHR) report for Christopher J. Winters?
Sphere Entertainment reported that SVP, Controller & PAO Christopher J. Winters received 1,273 Restricted Stock Units. The RSUs were granted on March 11, 2026, as equity compensation and are linked to Class A Common Stock or an equivalent cash payout at settlement.
How many Restricted Stock Units did SPHR grant to Christopher J. Winters?
Christopher J. Winters was granted 1,273 Restricted Stock Units. These units are a form of stock-based compensation tied to Sphere Entertainment’s Class A Common Stock and will vest over time, aligning a portion of his pay with the company’s long-term performance.
When do the new SPHR RSUs for Christopher J. Winters vest?
The 1,273 RSUs granted to Christopher J. Winters vest in three equal installments. They are scheduled to vest and settle on March 15, 2027, March 15, 2028, and March 15, 2029, providing a multi-year incentive tied to continued service and performance.
What does each Sphere Entertainment (SPHR) RSU granted to Winters represent?
Each RSU granted to Winters represents a right to receive one share of Sphere Entertainment Class A Common Stock or the cash equivalent. This means eventual value will track the company’s share price or a corresponding cash payment when the units settle after vesting.
What is Christopher J. Winters’ reported position in SPHR RSUs after this grant?
After the March 11, 2026 grant, Winters is reported as holding 1,273 Restricted Stock Units. These RSUs are scheduled to vest over three years, giving him a deferred equity-based interest in Sphere Entertainment’s Class A Common Stock as they settle.