Winters Christopher J. 4

What Happened

• Christopher J. Winters, SVP, Controller & Principal Accounting Officer of Sphere Entertainment Co. (SPHR), was granted 1,273 restricted stock units (RSUs) on March 11, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (typical for RSU grants); no cash purchase was made.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed within the normal 2-business-day window).
• Award: 1,273 RSUs (reported as a derivative grant, code A) at $0.00 per RSU on the Form 4.
• Shares owned after transaction: not specified in the excerpt provided.
• Footnotes: (1) Each RSU represents a right to receive one share of Class A common stock or the cash equivalent. (2) RSUs vest and settle in three equal installments on Mar 15, 2027; Mar 15, 2028; and Mar 15, 2029.

Context

• This was a compensation grant (not a market purchase or sale). RSU awards are common executive compensation and do not by themselves indicate buying or selling conviction; value to the insider depends on company stock price at vesting or cash settlement.