Langer Robert H. 4
4 · Sphere Entertainment Co. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Sphere Entertainment (SPHR) CFO Robert H. Langer Receives RSU Award
What Happened
Robert H. Langer, EVP, CFO & Treasurer of Sphere Entertainment Co. (SPHR), was granted 7,527 Restricted Stock Units (RSUs) on March 11, 2026. The award is reported at $0.00 per unit (derivative award) — the RSUs represent the right to receive one share of Class A common stock (or cash equivalent) when they vest.
Key Details
- Transaction date and filing: Grant dated 2026-03-11; Form 4 filed 2026-03-13 (appears timely).
- Award: 7,527 RSUs; reported price $0.00; reported value $0 (derivative award at grant).
- Vesting schedule: RSUs vest and settle in three equal installments on Mar 15, 2027; Mar 15, 2028; and Mar 15, 2029 (per footnote).
- Footnote summary: RSUs granted under the Sphere Entertainment Co. 2020 Employee Stock Plan and each unit converts to one share or cash equivalent upon settlement.
- Shares owned after transaction: Not specified in the filing.
Context
This was a compensation grant (award of RSUs), not a market purchase or sale. RSUs convert to shares (or cash) only as they vest per the schedule above; they do not indicate an immediate buy or sell of stock. Such grants are common executive compensation and should be interpreted as compensation-related rather than a direct trading signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-11+7,527→ 7,527 totalExp: 2029-03-15→ Class A Common Stock (7,527 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- [F2]The RSUs are scheduled to vest and settle in three equal installments on March 15, 2027, March 15, 2028 and March 15, 2029.