Sphere Entertainment Co. Files Annual Proxy Statement

Ticker: SPHR · Form: DEF 14A · Filed: 2025-04-22T00:00:00.000Z

Sentiment: neutral

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

Related Tickers: SPHR

TL;DR

Sphere Entertainment (SPHR) proxy filing out - exec comp details for FY24.

AI Summary

Sphere Entertainment Co. filed its DEF 14A on April 22, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards granted and outstanding, as well as changes in the fair value of these awards. This is a routine filing for public companies to disclose compensation details to shareholders.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation, allowing them to make informed decisions when voting on corporate matters.

Risk Assessment

Risk Level: low — This is a standard DEF 14A filing, which is a routine disclosure of executive compensation and corporate governance matters.

Key Players & Entities

Sphere Entertainment Co. (company) — Filer of the DEF 14A
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 Proxy Statement, is used by public companies to solicit proxy votes from shareholders for their annual meeting and to provide detailed information on matters to be voted upon, including executive compensation, director elections, and other corporate governance issues.

When is the reporting period for the compensation information in this filing?

The filing pertains to the fiscal year ending December 31, 2024, with specific data points related to compensation for the period of July 1, 2024, to December 31, 2024, and prior periods.

What types of compensation elements are detailed in this filing?

The filing details various compensation elements including equity awards, changes in the fair value of equity awards, and pension adjustments, as indicated by the XBRL tags.

What was Sphere Entertainment Co. formerly known as?

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

What is the business address and phone number listed for Sphere Entertainment Co.?

The business address is Two Pennsylvania Plaza, New York, NY 10121, and the business phone number is (212) 465-6000.

From the Filing

0001795250-25-000021.txt : 20250422 0001795250-25-000021.hdr.sgml : 20250422 20250422161704 ACCESSION NUMBER: 0001795250-25-000021 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 28 CONFORMED PERIOD OF REPORT: 20250422 FILED AS OF DATE: 20250422 DATE AS OF CHANGE: 20250422 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 EIN: 843755666 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 25857930 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-20250422.htm DEF 14A sphr-20250422 DEF 14A false 0001795250 iso4217:USD 0001795250 2024-07-01 2024-12-31 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 2024-07-01 2024-12-31 0001795250 ecd:PnsnAdjsPrrSvcCstMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-07-01 2024-12-31 0001795250 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:PnsnAdjsPrrSvcCstMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2024-07-01 2024-12-31 0001795250 1 2024-07-01 2024-12-31 0001795250 2 2024-07-01 2024-12-31 0001795250 3 2024-07-01 2024-12-31 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 o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material under §240.14a-12 SPHERE ENTERTAINMENT CO. (Name of Registrant as Specified in Its Char