Franco Laura - 15 Sep 2025 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Sep 2025, 16:05:06 UTC
Prior SEC filing
27 Aug 2025
Next SEC filing
18 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Laura Franco

Key filing fact

Franco Laura filed Form 4 for Sphere Entertainment Co. (SPHR) on 17 Sep 2025.

Key facts

  • This page summarizes Franco Laura's Form 4 filing for Sphere Entertainment Co. (SPHR).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Sep 2025, 16:05.

Change

  • Previous filing in this sequence was filed on 27 Aug 2025.
  • Current net transaction value: -$260,332.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001769491 Primary reporting owner

Franco Laura

Relationship
EVP & General Counsel
Address
TWO PENNSYLVANIA PLAZA, NEW YORK
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Laura Franco
Signature date
17 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+8,302
Change %
+180%
Price
$0.000000
Shares after
12,919
Date
15 Sep 2025
Ownership
Direct
Footnotes
F1
SPHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,093
Change %
+8.5%
Price
$0.000000
Shares after
14,012
Date
15 Sep 2025
Ownership
Direct
Footnotes
F2
SPHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,323
Change %
+9.4%
Price
$0.000000
Shares after
15,335
Date
15 Sep 2025
Ownership
Direct
Footnotes
F3
SPHR transaction

Class A Common Stock

Tax liability

Transaction value
$260,332
Shares
-4,318
Change %
-28%
Price
$60.29
Shares after
11,017
Date
15 Sep 2025
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-8,302
Change %
-59%
Price
$0.000000
Shares after
5,812
Date
15 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
8,302
Exercise price
Footnotes
F1
SPHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,093
Change %
-50%
Price
$0.000000
Shares after
1,093
Date
15 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,093
Exercise price
Footnotes
F2
SPHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,323
Change %
-33%
Price
$0.000000
Shares after
2,647
Date
15 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,323
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025. 24% of the RSUs are scheduled to vest and settle on September 15, 2026. 4% of the RSUs are scheduled to vest and settle on September 15, 2027.

Footnote F2

Each RSU 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. 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 are scheduled to vest and settle on September 15, 2026.

Footnote F3

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 are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.

Footnote F4

Represents RSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs described in footnotes 1, 2 and 3, exempt under Rule 16b-3.

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