Reppas Tiah Norton 4

What Happened

• Reppas Tiah Norton, Chief Accounting Officer of Sphere 3D Corp. (ANY), received a grant of 50,000 restricted stock units (RSUs) on 2026-03-04. The filing reports the award as a derivative acquisition (code A); no per-share price or total dollar value is stated.
• Each RSU represents a contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-03-04; Form 4 filed on 2026-03-06 (timely filing).
• Award size: 50,000 RSUs granted on 3/4/2026 (derivative award; price = N/A).
• RSUs outstanding after this grant (per filing disclosures): the 3/4/2026 grant plus two previously reported awards total 106,250 RSUs outstanding (50,000 new + 6,250 + 50,000), adjusted for the issuer’s 1-for-10 reverse split effective Feb 9, 2026.
• Vesting noted for prior awards (per footnote): (i) 6,250 RSUs — 1,250 vested 3/1/2026; remaining vest quarterly through 3/1/2027. (ii) 50,000 RSUs — 15,000 vested 3/1/2026; remaining vest quarterly through 12/1/2027.
• No sale, exercise, tax-withholding, 10b5-1 plan, or late-filing indication in this report.

Context

• RSUs are a deferred compensation award: they convert to common shares only as they vest, so this grant does not immediately change outstanding common shares held by the insider. Adjustments shown reflect a recent 1-for-10 reverse stock split. This is an insider award (compensation) rather than an open-market purchase or sale, and so should be viewed as part of executive compensation rather than a direct buy/sell signal.