4//SEC Filing
Franco Laura 4
Accession 0001193125-25-206148
CIK 0001795250other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:05 PM ET
Size
16.7 KB
Accession
0001193125-25-206148
Insider Transaction Report
Form 4
Franco Laura
EVP & General Counsel
Transactions
- Tax Payment
Class A Common Stock
2025-09-15$60.29/sh−4,318$260,332→ 11,017 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−1,323→ 2,647 totalExp: 2027-09-15→ Class A Common Stock (1,323 underlying) - Exercise/Conversion
Class A Common Stock
2025-09-15+8,302→ 12,919 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−1,093→ 1,093 totalExp: 2026-09-15→ Class A Common Stock (1,093 underlying) - Exercise/Conversion
Class A Common Stock
2025-09-15+1,323→ 15,335 total - Exercise/Conversion
Class A Common Stock
2025-09-15+1,093→ 14,012 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−8,302→ 5,812 totalExp: 2027-09-15→ Class A Common Stock (8,302 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") was granted on April 22, 2024 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025. 24% of the RSUs are scheduled to vest and settle on September 15, 2026. 4% of the RSUs are scheduled to vest and settle on September 15, 2027.
- [F2]Each RSU was granted on April 22, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026.
- [F3]Each RSU was granted on August 27, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
- [F4]Represents RSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs described in footnotes 1, 2 and 3, exempt under Rule 16b-3.
Documents
Issuer
Sphere Entertainment Co.
CIK 0001795250
Entity typeother
Related Parties
1- filerCIK 0001769491
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:05 PM ET
- Size
- 16.7 KB