WEBER MARIANNE DOLAN 4

What Happened

• Marianne Dolan Weber, a director and member of a 13(d) group at Sphere Entertainment Co. (SPHR), was granted 1,173 restricted stock units (RSUs) on 2026-06-10. The Form 4 shows a derivative award with an acquisition price of $0.00 (transaction code A). RSUs are not an immediate cash purchase or sale — they represent a future right to receive shares or a cash equivalent.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (filed timely within the typical 2-business-day window).
• Award: 1,173 RSUs; reported price: $0.00 (derivative grant).
• Shares owned after transaction: Not reported on this filing.
• Transaction code: A = Award/Grant (RSU).
• Footnotes: F1 — Each RSU equals the right to one share of Class A common stock or cash. F2 — The RSUs are fully vested at grant and will be settled in stock or cash on the first business day 90 days after separation from service.

Context

• RSUs are a form of compensation for directors and are derivative awards that convert to shares (or cash) later; because these were granted and fully vested, they are routine compensation and do not reflect an open-market purchase or sale. Settlement value will depend on SPHR’s share price at payment.