Granville-Smith David 4
4 · Sphere Entertainment Co. · Filed Sep 17, 2025
Insider Transaction Report
Form 4
Granville-Smith David
Executive Vice President
Transactions
- Exercise/Conversion
Class A Common Stock
2025-09-15+8,966→ 81,320 total - Exercise/Conversion
Class A Common Stock
2025-09-15+3,213→ 84,533 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−3,213→ 6,427 totalExp: 2027-09-15→ Class A Common Stock (3,213 underlying) - Tax Payment
Class A Common Stock
2025-09-15$60.29/sh−31,085$1,874,115→ 53,448 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−46,742→ 46,742 totalExp: 2026-09-15→ Class A Common Stock (46,742 underlying) - Exercise/Conversion
Class A Common Stock
2025-09-15+46,742→ 72,354 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−8,966→ 8,966 totalExp: 2026-09-15→ Class A Common Stock (8,966 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") was granted on June 15, 2023 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. 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.
- [F2]Each RSU was granted on September 1, 2023 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.