Hanley Timothy P. 4

What Happened
Timothy P. Hanley, a director of Sphere 3D Corp. (ANY), exercised/converted derivative awards equal to 12,630 shares on May 29, 2026. The Form 4 records both an acquisition (exercise/conversion) of 12,630 shares and a corresponding disposition of 12,630 as a derivative. No per‑share price or total dollar value is reported in the filing.

Key Details

• Transaction date: 2026-05-29. Transaction code: M (exercise/conversion of derivative).
• Shares involved: 12,630 acquired and 12,630 disposed (derivative).
• Price/value: Not reported (N/A) on the Form 4.
• Shares owned after transaction: Not reported in this filing.
• Footnote: F1 — each RSU represents a contingent right to receive one share of Sphere 3D common stock.
• Timeliness: Filing date = 2026-05-29 (same day), so appears timely.

Context
The filing indicates conversion/exercise of restricted stock units (RSUs) or similar derivative awards; the matching "disposed" line typically reflects cancellation/settlement of the derivative instrument rather than an open‑market sale of common stock. The Form 4 does not show an immediate public sale of the underlying shares or any cash proceeds, and no additional information about tax withholding or a 10b5‑1 plan is provided.