Koester Jennifer's Form 4 filing
Sphere Entertainment Co. (SPHR) · filed Sep 17, 2026
- Accession no.
- 0001193125-26-394321
- Filed
- Sep 17, 2026, 4:05 PM ET
- Trade date
- Sep 15, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 4 derivative transactions. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Koester JenniferCIK 0002008791 | Officer (President & COO, Sphere) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 15, 2026 | Class A Common Stock | MOption exerciseAcquired | +11,988 | $0.00F1 | $0 | 42,906 | Direct | |
| Sep 15, 2026 | Class A Common Stock | MOption exerciseAcquired | +6,829 | $0.00F1 | $0 | 49,735 | Direct | |
| Sep 15, 2026 | Class A Common Stock | MOption exerciseAcquired | +8,269 | $0.00F2 | $0 | 58,004 | Direct | |
| Sep 15, 2026 | Class A Common Stock | FTax withholdingDisposed | −13,826 | $144.12 | −$1,992,603.12 | 44,178 | Direct | |
| Sep 15, 2026 | Class A Common Stock | MOption exerciseAcquired | +20,487 | $0.00F4 | $0 | 64,665 | Direct | |
| Sep 15, 2026 | Class A Common Stock | FTax withholdingDisposed | −10,458 | $144.12 | −$1,507,206.96 | 54,207 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 15, 2026 | Class A Common Stock | MOption exerciseDisposed | −11,988 | $0.00 | $0 | 0 | Direct | |
| Sep 15, 2026 | Class A Common Stock | MOption exerciseDisposed | −6,829 | $0.00 | $0 | 0 | Direct | |
| Sep 15, 2026 | Class A Common Stock | MOption exerciseDisposed | −8,269 | $0.00 | $0 | 8,270 | Direct | |
| Sep 15, 2026 | Class A Common Stock | MOption exerciseDisposed | −20,487 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each restricted stock unit ("RSU") was granted on April 22, 2024 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.
Referenced by the price of 2 transactions in Table I.
- F2
Each RSU was granted on August 27, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs vested and were settled on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
Referenced by the price of 1 transaction in Table I.
- F4
Each performance restricted stock unit ("PSU") was granted on April 22, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The Compensation Committee of the Board of Directors of SPHR deemed such PSUs earned at 100% of target. The PSUs vested and were settled on September 15, 2026.
Referenced by the price of 1 transaction in Table I.