DOLAN JAMES LAWRENCE 4

Accession 0001193125-25-206155

CIK 0001795250other

View on SEC.gov Company Profile

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 4:05 PM ET

Size

23.1 KB

Accession

0001193125-25-206155

Insider Transaction Report

Form 4

Period: 2025-09-15

Sphere Entertainment Co.SPHR

Dolan Kristin A

Director10% Owner

Transactions

Exercise/Conversion
Class A Common Stock
2025-09-15+26,896→ 958,745 total
Exercise/Conversion
Class A Common Stock
2025-09-15+98,750→ 1,026,961 total
Tax Payment
Class A Common Stock
2025-09-15$60.29/sh−48,493$2,923,643→ 978,468 total
Exercise/Conversion
Restricted Stock Units
2025-09-15−32,917→ 0 total
Exp: 2025-09-15→ Class A Common Stock (32,917 underlying)
Exercise/Conversion
Class A Common Stock
2025-09-15+32,917→ 931,849 total
Tax Payment
Class A Common Stock
2025-09-15$60.29/sh−30,534$1,840,895→ 928,211 total
Exercise/Conversion
Performance Restricted Stock Units
2025-09-15−98,750→ 0 total
Exp: 2025-09-15→ Class A Common Stock (98,750 underlying)
Exercise/Conversion
Restricted Stock Units
2025-09-15−26,896→ 26,897 total
Exp: 2026-09-15→ Class A Common Stock (26,896 underlying)

Holdings

Class A Common Stock
(indirect: By Spouse)
14,119
Class A Common Stock
(indirect: By Children)
746

DOLAN JAMES LAWRENCE

DirectorExecutive Chairman and CEO10% OwnerOther

Transactions

Exercise/Conversion
Class A Common Stock
2025-09-15+26,896→ 958,745 total
Tax Payment
Class A Common Stock
2025-09-15$60.29/sh−48,493$2,923,643→ 978,468 total
Exercise/Conversion
Class A Common Stock
2025-09-15+32,917→ 931,849 total
Tax Payment
Class A Common Stock
2025-09-15$60.29/sh−30,534$1,840,895→ 928,211 total
Exercise/Conversion
Restricted Stock Units
2025-09-15−26,896→ 26,897 total
Exp: 2026-09-15→ Class A Common Stock (26,896 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-09-15−98,750→ 0 total
Exp: 2025-09-15→ Class A Common Stock (98,750 underlying)
Exercise/Conversion
Class A Common Stock
2025-09-15+98,750→ 1,026,961 total
Exercise/Conversion
Restricted Stock Units
2025-09-15−32,917→ 0 total
Exp: 2025-09-15→ Class A Common Stock (32,917 underlying)

Holdings

Class A Common Stock
(indirect: By Spouse)
14,119
Class A Common Stock
(indirect: By Children)
746

Footnotes (9)

[F1]Each restricted stock unit ("RSU") was granted on August 31, 2022 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 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs vested and were settled on September 15, 2025.
[F2]Includes shares held jointly with spouse.
[F3]Securities held directly by James L. Dolan, Kristin A. Dolan's spouse, or jointly by James L. Dolan and Kristin A. Dolan. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan (other than securities held jointly with her spouse) and this report shall not be deemed to be an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
[F4]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.
[F5]Represents RSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs described in footnotes 1 and 4, exempt under Rule 16b-3.
[F6]Each performance restricted stock unit ("PSU") was granted on August 31, 2022 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The Compensation Committee of the Board of Directors of SPHR deemed such PSUs earned at 100% of target on March 27, 2024. The PSUs vested and were settled on September 15, 2025.
[F7]Represents PSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 6, exempt under Rule 16b-3.
[F8]Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Ms. Dolan (other than securities in which he has a direct pecuniary interest) and this report shall not be deemed to be an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
[F9]The reporting persons disclaim beneficial ownership of all securities of SPHR beneficially owned and deemed to be beneficially owned by their minor children and household members and this report shall not be deemed an admission that reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

Documents

1 file

4
ownership.xmlPrimary
4

Issuer

Sphere Entertainment Co.

CIK 0001795250

→

Entity typeother

Related Parties

filerCIK 0000933028

Filing Metadata

Form type: 4
Filed: Sep 16, 8:00 PM ET
Accepted: Sep 17, 4:05 PM ET
Size: 23.1 KB

View on SEC.gov