Kalbfleisch Kurt L. 4
4 · Sphere 3D Corp. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Sphere 3D (ANY) CFO Kurt L. Kalbfleisch Receives 250,000 RSUs
What Happened
Kurt L. Kalbfleisch, Chief Financial Officer of Sphere 3D Corp. (ANY), received a grant of 250,000 restricted stock units (RSUs) on June 8, 2026. The RSUs were granted at $0.00 (no cash paid) and represent a contingent right to receive one common share per RSU upon vesting. This is an equity compensation award, not an open-market purchase or sale.
Key Details
- Transaction date (reporting period): June 8, 2026; Form filed June 10, 2026.
- Transaction code: A (award/grant). Price reported: $0.00; acquisition amount: 250,000 RSUs.
- Each RSU represents a contingent right to one common share upon vesting (per footnote).
- Vesting schedule: four equal installments on Dec 1, 2026; Jun 1, 2027; Dec 1, 2027; and Jun 1, 2028. Vesting fully accelerates upon a defined "Vesting Event" (e.g., Change in Control or dissolution).
- Shares owned after the transaction: not specified in the provided filing.
- No indication this filing was late.
Context
RSU grants are common executive compensation and are not the same as buying shares on the open market; they only convert into shares if and when they vest. Because no immediate shares were transferred and no cash was paid, this grant does not represent an outlay or sale by the insider. Any tax withholding or share issuance will typically occur at vesting; those details were not provided in this filing.
Insider Transaction Report
- Award
Common Shares
[F1]2026-06-08+250,000→ 425,815 total
- 215(indirect: By Daughter)
Common Shares
- 215(indirect: By Son)
Common Shares
Footnotes (1)
- [F1]Represents a grant of 250,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in four equal installments on December 1, 2026, June 1, 2027, December 1, 2027 and June 1, 2028, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer.