0001193125-26-059341.txt : 20260219 0001193125-26-059341.hdr.sgml : 20260219 20260219160507 ACCESSION NUMBER: 0001193125-26-059341 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20260217 FILED AS OF DATE: 20260219 DATE AS OF CHANGE: 20260219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DOLAN JAMES LAWRENCE CENTRAL INDEX KEY: 0000933028 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 26654298 MAIL ADDRESS: STREET 1: BAKER BOTTS L.L.P. STREET 2: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dolan Kristin A CENTRAL INDEX KEY: 0001480991 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 26654297 MAIL ADDRESS: STREET 1: C/O MSG TWO PENN PLAZA STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10121 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sphere Entertainment Co. CENTRAL INDEX KEY: 0001795250 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] ORGANIZATION NAME: 07 Trade & Services EIN: 843755666 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: 725-258-0001 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 FORMER COMPANY: FORMER CONFORMED NAME: Madison Square Garden Entertainment Corp. DATE OF NAME CHANGE: 20200417 FORMER COMPANY: FORMER CONFORMED NAME: MSG ENTERTAINMENT SPINCO, INC. DATE OF NAME CHANGE: 20191126 4 1 ownership.xml 4 X0508 4 2026-02-17 0001795250 Sphere Entertainment Co. SPHR 0000933028 DOLAN JAMES LAWRENCE TWO PENNSYLVANIA PLAZA NEW YORK NY 10121 true true true true Executive Chairman and CEO Member of 13(d) Group 0001480991 Dolan Kristin A TWO PENNSYLVANIA PLAZA NEW YORK NY 10121 true false true false false Class A Common Stock 2026-02-17 4 M false 54315 67.33 A 1032783 D Class A Common Stock 2026-02-17 4 M false 54315 67.33 A 1087098 D Class A Common Stock 2026-02-17 4 D false 11599.5 114.71 D 1075498.5 D Class A Common Stock 2026-02-17 4 D false 11599.5 114.71 D 1063899 D Class A Common Stock 2026-02-17 4 F false 63761 114.71 D 1000138 D Class A Common Stock 2026-02-17 4 F false 21670 114.71 D 978468 D Class A Common Stock 14119 I By Spouse Class A Common Stock 746 I By Minor Children and Household Members Stock Options (Rights to Buy) 67.33 2026-02-17 4 M false 54315 0 D 2026-02-25 Class A Common Stock 54315 0 D Stock Options (Rights to Buy) 67.33 2026-02-17 4 M false 54315 0 D 2021-08-28 2026-02-25 Class A Common Stock 54315 0 D 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. Includes shares jointly held with spouse. 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. 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. 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. 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. 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. 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. /s/ James L. Dolan 2026-02-19 /s/ Mark C. Cresitello, Attorney-in-Fact for Kristin A. Dolan 2026-02-19