Sphere Entertainment (NYSE: SPHR) director granted 1,173 RSUs

Rhea-AI Filing Summary

TESE VINCENT reported acquisition or exercise transactions in this Form 4 filing.

Sphere Entertainment Co. director Vincent Tese received a grant of 1,173 restricted stock units as compensation. Each RSU represents one share of Class A Common Stock or its cash equivalent and vested immediately. After this award, Tese holds 20,327 shares-related units directly, with settlement generally occurring after service ends.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider TESE VINCENT

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,173	$0.00	--

Holdings After Transaction: Restricted Stock Units — 20,327 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.

Key Figures

RSUs granted: 1,173 RSUs Post-grant holdings: 20,327 shares/units Grant price: $0.0000 per unit +2 more

5 metrics

RSUs granted 1,173 RSUs Grant on 2026-06-10 as non-employee director compensation

Post-grant holdings 20,327 shares/units Total reported directly held after RSU award

Grant price $0.0000 per unit Awarded as equity compensation rather than a purchase

Underlying security 1,173 Class A Common shares Each RSU represents one share or cash equivalent

Settlement timing 90 days after separation Settled in stock or cash on first business day 90 days post-service

Key Terms

Restricted Stock Units, RSU, Sphere Entertainment Co. 2020 Stock Plan for Non-Employee Directors, Class A Common Stock, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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.

RSU financial

"Each restricted stock unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Stock Plan"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Sphere Entertainment Co. 2020 Stock Plan for Non-Employee Directors financial

"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 financial

"settled in stock or in cash on the first business day 90 days after a separation from service"

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Form 4 Insider Transactions: What Each Field Means →

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^*

TESE VINCENT

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/10/2026		A		1,173		(2)	(2)	Class A Common Stock	1,173	$0	20,327	D

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 Vincent Tese	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sphere Entertainment (SPHR) director Vincent Tese report on this Form 4?

Director Vincent Tese reported receiving 1,173 restricted stock units as a grant. These RSUs are part of his non-employee director compensation and each represents one share of Class A Common Stock or its cash equivalent, increasing his directly held units to 20,327 after the award.

How many Sphere Entertainment (SPHR) RSUs were granted to Vincent Tese?

Vincent Tese was granted 1,173 restricted stock units on this Form 4. Each RSU corresponds to one share of Class A Common Stock or the cash equivalent, and the grant vested in full on the grant date under the company’s 2020 Stock Plan for Non-Employee Directors.

When do Vincent Tese’s Sphere Entertainment (SPHR) RSUs settle?

The RSUs granted to Vincent Tese settle after he leaves board service. They will be settled in stock or cash on the first business day 90 days after a separation from service, according to the terms disclosed for the non-employee director stock plan.

Are Vincent Tese’s Sphere Entertainment (SPHR) RSUs immediately vested?

Yes, the RSUs are fully vested on the grant date. Although vesting is immediate, settlement into Class A Common Stock or cash occurs later, on the first business day 90 days following a separation from service, aligning with the non-employee director compensation plan terms.

How many Sphere Entertainment (SPHR) shares or units does Vincent Tese hold after this grant?

After receiving 1,173 RSUs, Vincent Tese holds 20,327 shares-related units directly. This total reflects his position following the reported grant, with each RSU representing a right to receive one share of Class A Common Stock or an equivalent cash amount in the future.