Granville-Smith David 4

What Happened

• On March 11, 2026, David Granville‑Smith, Executive Vice President of Sphere Entertainment Co. (SPHR), was granted 7,527 Restricted Stock Units (RSUs). The grant is recorded at $0.00 per unit (derivative award); the filing does not state a total cash value. This is an award/grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13.
• Grant terms on filing: 7,527 RSUs @ $0.00 (derivative award; code A).
• Shares owned after the transaction: not specified in the filing.
• Footnote F1: Each RSU represents a right to one share of Class A common stock or the cash equivalent under the 2020 Employee Stock Plan.
• Footnote F2: RSUs vest and settle in three equal installments on March 15, 2027, March 15, 2028 and March 15, 2029.
• Filing timeliness: Reported within the typical SEC insider-reporting window; no late filing indicated.

Context

• RSUs are a form of compensation that convert to shares (or cash) only if/when they vest; they are common for executives and do not by themselves indicate a buy or sell decision. The eventual value depends on SPHR’s share price at settlement. Watch for future Form 4s showing settlement, share receipt, or any tax‑withholding dispositions.