TESE VINCENT 4

What Happened

• Tese Vincent, a director of Sphere Entertainment Co. (SPHR), received an award of 1,173 restricted stock units (RSUs) on 2026-06-10. The Form 4 reports the grant as an acquisition at $0.00 per unit (derivative instrument). The RSUs are fully vested on the grant date and represent a right to receive one share of Class A common stock (or the cash equivalent).

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12.
• Transaction type: Award/Grant (code A); amount: 1,173 RSUs; price reported: $0.00 per RSU.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: (1) RSUs granted under the 2020 Stock Plan for Non-Employee Directors; each RSU converts to one share or cash. (2) RSUs are fully vested at grant and will be settled in stock or cash on the first business day 90 days after a separation from service.
• Filing timeliness: Form 4 was filed two days after the grant (typical reporting window for insiders).

Context

• These RSUs are a deferred, vested award (not an out-of-pocket purchase or a sale). Because settlement is tied to separation from service, the units are currently a vested right rather than immediately issued shares. Grants to non-employee directors are common compensation and do not by themselves indicate an insider buying or selling stock.