Sphere Entertainment Co. Files DEF 14A

Ticker: SPHR · Form: DEF 14A · Filed: 2024-10-24T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: SPHR

TL;DR

Sphere Entertainment Co. (SPHR) filed its annual proxy statement, detailing exec pay and governance.

AI Summary

Sphere Entertainment Co. filed its DEF 14A on October 24, 2024, for the fiscal year ending June 30, 2024. The filing details executive compensation and other corporate governance matters. The company was formerly known as Madison Square Garden Entertainment Corp. and MSG ENTERTAINMENT SPINCO, INC.

Why It Matters

This filing provides crucial information about executive compensation and corporate governance, which can influence investor decisions and the company's strategic direction.

Risk Assessment

Risk Level: low — DEF 14A filings are routine disclosures and do not typically present new, immediate risks.

Key Numbers

2024-06-30 — Fiscal Year End (Reporting period for the filing)
2024-10-24 — Filing Date (Date the DEF 14A was submitted)

Key Players & Entities

Sphere Entertainment Co. (company) — Filer
Madison Square Garden Entertainment Corp. (company) — Former Company Name
MSG ENTERTAINMENT SPINCO, INC. (company) — Former Company Name

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit proxies from shareholders for an upcoming annual or special meeting of shareholders. It contains detailed information about matters to be voted on, including executive compensation, director elections, and other corporate governance issues.

When did Sphere Entertainment Co. change its name from Madison Square Garden Entertainment Corp.?

Sphere Entertainment Co. was formerly known as Madison Square Garden Entertainment Corp. and the date of the name change was April 17, 2020.

What is the SIC code for Sphere Entertainment Co.?

The Standard Industrial Classification (SIC) code for Sphere Entertainment Co. is 7900, which falls under Services-Amusement & Recreation Services.

What is the fiscal year end for Sphere Entertainment Co.?

The fiscal year end for Sphere Entertainment Co. is June 30.

What is the filing date of this DEF 14A for Sphere Entertainment Co.?

This DEF 14A filing for Sphere Entertainment Co. was filed on October 24, 2024.

From the Filing

0001795250-24-000033.txt : 20241024 0001795250-24-000033.hdr.sgml : 20241024 20241024165727 ACCESSION NUMBER: 0001795250-24-000033 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 29 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 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: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 241393309 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 DEF 14A 1 sphr-20241024.htm DEF 14A sphr-20241024 DEF 14A false 0001795250 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure 0001795250 2023-07-01 2024-06-30 0001795250 2022-07-01 2023-06-30 0001795250 2021-07-01 2022-06-30 0001795250 2020-07-01 2021-06-30 0001795250 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:PnsnAdjsPrrSvcCstMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2023-07-01 2024-06-30 0001795250 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:PnsnAdjsPrrSvcCstMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2023-07-01 2024-06-30 0001795250 1 2023-07-01 2024-06-30 0001795250 2 2023-07-01 2024-06-30 0001795250 3 2023-07-01 2024-06-30 0001795250 sphr:ShareBasedPaymentArrangementOptionTrancheTwoMember 2024-02-05 0001795250 sphr:ShareBasedPaymentArrangementOptionTrancheOneMember 2024-02-05 0001795250 sphr:ShareBasedPaymentArrangementOptionTrancheThreeMember 2024-02-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.    ) Filed by the Registrant  x        Filed by a Party other than the Registrant  o Check the appropriate box: o Preliminary Proxy Statement