Perelman Debra Golding 4

What Happened

• Debra Golding Perelman, a director of Sphere Entertainment Co. (SPHR), was granted 1,833 restricted stock units (RSUs) on 2026-06-10. The RSUs are reported at $0.00 per unit (derivative award), representing a right to receive one share of Class A common stock or the cash equivalent.

Key Details

• Transaction date: 2026-06-10; Filing date: 2026-06-12 (filed within the typical 2 business-day Form 4 window).
• Transaction type/code: A = Award/Grant (derivative RSUs).
• Amount: 1,833 RSUs; reported price: $0.00 (common for equity awards reported as granted).
• Shares owned after transaction: Not specified in the reported Form 4.
• Footnotes: (F1) RSUs granted under the 2020 Stock Plan for Non-Employee Directors; each RSU equals right to one share or cash. (F2) The RSUs are fully vested on the grant date but will be settled in stock or cash on the first business day 90 days after a separation from service.

Context

• This was a compensation award, not a buy or sell of existing shares; awards to directors are commonly routine compensation and do not by themselves indicate a trading view. As a derivative award, the RSUs give a future entitlement to stock or cash rather than an immediate transfer of shares.