Key facts
- This page summarizes James L. Dolan's Form 4 filing for Sphere Entertainment Co. (SPHR).
- 8 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 19 Feb 2026, 16:05.
James L. Dolan - 17 Feb 2026 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)
- Reporting relationship
- Executive Chairman and CEO, Director, Member of 13(d) Group, 10%+ Owner
- Issuer ticker
- SPHR
- Reported as of
- 17 Feb 2026
- Net transaction value
- -$5,146,889
- SEC form
- 4
- Accepted by SEC
- 19 Feb 2026, 16:05:07 UTC
- Prior SEC filing
- 17 Sep 2025
- Next SEC filing
- 24 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ James L. Dolan
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
James L. Dolan filed Form 4 for Sphere Entertainment Co. (SPHR) on 19 Feb 2026.
Change
- Previous filing in this sequence was filed on 17 Sep 2025.
- Current net transaction value: -$5,146,889.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (2)
CIK 0000933028
Primary reporting owner
DOLAN JAMES LAWRENCE
- Relationship
- Executive Chairman and CEO, Director, Member of 13(d) Group, 10%+ Owner
- Address
- TWO PENNSYLVANIA PLAZA, NEW YORK
- Signature
- /s/ James L. Dolan
- Signature date
- 19 Feb 2026
CIK 0001480991
Dolan Kristin A
- Relationship
- Director, 10%+ Owner
- Address
- TWO PENNSYLVANIA PLAZA, NEW YORK
- Signature
- /s/ Mark C. Cresitello, Attorney-in-Fact for Kristin A. Dolan
- Signature date
- 19 Feb 2026
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
- $3,657,029
- Shares
- +54,315
- Change %
- +5.6%
- Price
- $67.33
- Shares after
- 1,032,783
- Date
- 17 Feb 2026
- Ownership
- Direct
- Footnotes
- F1, F2, F3
SPHR
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $3,657,029
- Shares
- +54,315
- Change %
- +5.3%
- Price
- $67.33
- Shares after
- 1,087,098
- Date
- 17 Feb 2026
- Ownership
- Direct
- Footnotes
- F1, F2, F3
SPHR
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $1,330,579
- Shares
- -11,600
- Change %
- -1.1%
- Price
- $114.71
- Shares after
- 1,075,498
- Date
- 17 Feb 2026
- Ownership
- Direct
- Footnotes
- F1, F2, F3
SPHR
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $1,330,579
- Shares
- -11,600
- Change %
- -1.1%
- Price
- $114.71
- Shares after
- 1,063,899
- Date
- 17 Feb 2026
- Ownership
- Direct
- Footnotes
- F1, F2, F3
SPHR
transaction
Class A Common Stock
Tax liability
- Transaction value
- $7,314,024
- Shares
- -63,761
- Change %
- -6%
- Price
- $114.71
- Shares after
- 1,000,138
- Date
- 17 Feb 2026
- Ownership
- Direct
- Footnotes
- F2, F3, F4
SPHR
transaction
Class A Common Stock
Tax liability
- Transaction value
- $2,485,766
- Shares
- -21,670
- Change %
- -2.2%
- Price
- $114.71
- Shares after
- 978,468
- Date
- 17 Feb 2026
- Ownership
- Direct
- Footnotes
- F2, F3, F5
SPHR
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 14,119
- Date
- 17 Feb 2026
- Ownership
- By Spouse
- Footnotes
- F6
SPHR
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 746
- Date
- 17 Feb 2026
- Ownership
- By Minor Children and Household Members
- Footnotes
- F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SPHR
transaction
Derivative
Stock Options (Rights to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -54,315
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 17 Feb 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 54,315
- Exercise price
- $67.33
- Footnotes
- F1, F8
SPHR
transaction
Derivative
Stock Options (Rights to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -54,315
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 17 Feb 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 54,315
- Exercise price
- $67.33
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
Each stock option was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by Sphere Entertainment Co. ("SPHR"), and represents the option to purchase Class A Common Stock. The options were exercised on February 17, 2026, through cashless exercise, and settled in cash.
Footnote F2
Includes shares jointly held with spouse.
Footnote F3
Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities, and this filing shall not be deemed an admission that Ms. Dolan is, for the purpose of Section 16 or for any other purpose, the beneficial owner of such securities.
Footnote F4
Represents shares of Class A Common Stock withheld to satisfy the exercise price in connection with the exercise of stock options described in footnote 1, exempt under Rule 16b-3.
Footnote F5
Represents shares of Class A Common Stock withheld to satisfy tax withholding obligations in connection with the exercise and settlement of stock options described in footnote 1, exempt under Rule 16b-3.
Footnote F6
Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Ms. Dolan (other than securities in which he has a direct pecuniary interest) and this report shall not be deemed to be an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
Footnote F7
The reporting persons disclaim beneficial ownership of all securities of SPHR beneficially owned and deemed to be beneficially owned by their minor children and household members and this report shall not be deemed an admission that reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
Footnote F8
Two-thirds of the stock options were fully vested on the date of grant, July 9, 2021, and the remaining one-third vested on August 29, 2021.