Harnett Sue 4
4 · Sphere 3D Corp. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Sphere 3D (ANY) Director Sue Harnett Receives RSU Award
What Happened
Sue Harnett, a director of Sphere 3D Corp. (ticker: ANY), received a grant of 74,074 restricted stock units (RSUs) reported as an award/acquisition on March 4, 2026. The filing lists the grant as a derivative award (no per-share price) — each RSU represents a contingent right to receive one share of common stock upon vesting. The RSU award count has been adjusted to reflect the issuer’s 1-for-10 reverse stock split effective February 9, 2026.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 9, 2026 (appears to be later than the usual 2-business-day filing window).
- Transaction type/code: A (award/acquisition) — RSUs (derivative), price: N/A.
- Shares/units granted: 74,074 RSUs.
- Additional RSU: Filing notes an additional RSU for 12,630 shares that vests in full on May 29, 2026 (adjusted for the Feb 9, 2026 reverse split).
- Shares owned after transaction: Not reported in this Form 4.
- Tax withholding / disposition: Not indicated in the filing.
Context
RSUs are contingent awards that convert into shares only when vesting conditions are met; they are not an open-market purchase or sale and thus do not directly indicate immediate buying or selling pressure. The late filing (filed March 9 for a March 4 transaction) may be a reporting timing issue; investors watching insider activity should note the delayed disclosure but avoid inferring intent from the award itself.
Insider Transaction Report
- Award
Restricted Stock Unit (RSU)
[F1][F2]2026-03-04+74,074→ 86,704 totalFrom: 2027-03-04Exp: 2027-03-04→ Common Stock (74,074 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock.
- [F2]In addition to the 3/4/2026 RSU, the RSUs reported under Column 9 also include a RSU for 12,630 shares which vest in full on May 29, 2026. The RSU has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026