Sphere Entertainment Co. Director Departs; Officer Compensation Detailed

Ticker: SPHR · Form: 8-K · Filed: 2024-10-08T00:00:00.000Z

Sentiment: neutral

Topics: director-departure, executive-compensation, filing

TL;DR

Sphere Ent. director David Byrnes out; exec pay details filed.

AI Summary

Sphere Entertainment Co. announced on October 7, 2024, the departure of director David J. Byrnes. The company also reported on compensatory arrangements for certain officers and filed financial statements and exhibits. This filing follows a name change from Madison Square Garden Entertainment Corp. in 2020.

Why It Matters

The departure of a director can signal changes in board oversight or strategy, while details on officer compensation provide insight into executive incentives.

Risk Assessment

Risk Level: low — This is a routine filing detailing director departure and executive compensation, with no immediate financial implications.

Key Numbers

Key Players & Entities

FAQ

Who is the director that departed Sphere Entertainment Co.?

David J. Byrnes departed Sphere Entertainment Co.

What is the exact date of the earliest event reported in this filing?

The earliest event reported is dated October 7, 2024.

What was Sphere Entertainment Co. formerly known as?

Sphere Entertainment Co. was formerly known as Madison Square Garden Entertainment Corp. and MSG ENTERTAINMENT SPINCO, INC.

What is the principal executive office address for Sphere Entertainment Co.?

The principal executive offices are located at Two Pennsylvania Plaza, New York, NY 10121.

What items are covered in this 8-K filing?

This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, and financial statements and exhibits.

From the Filing

0001193125-24-234122.txt : 20241008 0001193125-24-234122.hdr.sgml : 20241008 20241008073731 ACCESSION NUMBER: 0001193125-24-234122 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20241007 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241008 DATE AS OF CHANGE: 20241008 FILER: 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 IRS NUMBER: 843755666 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 241359191 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: (212) 465-6000 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 8-K 1 d103145d8k.htm 8-K 8-K false 0001795250 0001795250 2024-10-07 2024-10-07     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): October 7, 2024     SPHERE ENTERTAINMENT CO. (Exact Name of Registrant as Specified in Charter)       Delaware   001-39245   84-3755666 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   Two Pennsylvania Plaza , New York , NY   10121 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (725) 258-0001 Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)).   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)). Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of Each Exchange on Which Registered Class A Common Stock   SPHR   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 8, 2024, Sphere Entertainment Co. (the “Company”) announced that Mr. David F. Byrnes, the Company’s Executive Vice President, Chief Financial Officer and Treasurer, wil

View on Read The Filing