ANY · Sphere 3D Corp.
Substantial doubt about the company's ability to continue as a going concern.
“Management has projected that based on our recurring losses, negative cash flows from operating activities, and our hashing rate at March 31, 2026, cash on hand may not be sufficient to allow the Company to continue operations and there is substantial doubt about our ability to continue as a going concern within 12 months from the date of issuance of our financial statements if we are unable to raise additional funding for operations.”View the 10-Q filed May 15, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-08 | Kalbfleisch Kurt L. |
CEO and CFO |
Award↑
Filing footnotes — Common Shares (Direct)
Represents a grant of 250,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in four equal installments on December 1, 2026, June 1, 2027, December 1, 2027 and June 1, 2028, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer. |
Common Shares
|
250,000 |
| 2026-06-08 | Block Joel M |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Shares (Direct)
Represents an inducement grant of 500,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 and are generally subject to the terms of the Issuer's equity plan. The RSUs will vest in four equal installments on December 1, 2026, June 1, 2027, December 1, 2027 and June 1, 2028, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer. |
Common Shares
|
500,000 |
| 2026-06-08 | Reppas Tiah Norton |
Chief Accounting Officer |
Award↑
Filing footnotes — Common Shares (Direct)
Represents a grant of 30,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in four equal installments on December 1, 2026, June 1, 2027, December 1, 2027 and June 1, 2028, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer. |
Common Shares
|
30,000 |
| 2026-06-08 | Dent Marcus E |
Director |
Award↑
Filing footnotes — Common Shares (Direct)
Represents a grant of 50,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in full on June 1, 2027, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer. |
Common Shares
|
50,000 |
| 2026-06-08 | Gates Nicholas Ray |
Director |
Award↑
Filing footnotes — Common Shares (Direct)
Represents a grant of 50,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in full on June 1, 2027, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer. |
Common Shares
|
50,000 |
| 2026-06-08 | Hanley Timothy P. |
Director |
Award↑
Filing footnotes — Common Shares (Direct)
Represents a grant of 50,000 restricted stock units ("RSUs"), each representing a contingent right to receive one common share of the Issuer. The RSUs were granted on June 8, 2026 pursuant to the Issuer's equity plan. The RSUs will vest in full on June 1, 2027, subject to full acceleration upon the occurrence of a Vesting Event. A "Vesting Event" means: (i) a Change in Control Vesting Event (as defined in the reporting person's RSU Award Agreement) or (ii) a dissolution, liquidation or wind-up of the Issuer. |
Common Shares
|
50,000 |
| 2026-06-01 | Reppas Tiah Norton |
Chief Accounting Officer |
Tax↓
Filing footnotes — Common Shares (Direct)
This transaction primarily represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on June 1, 2026. |
Common Shares
|
1,498 |
| 2026-06-01 | Harnett Sue |
Director |
Convert↑
Filing footnotes — Common Shares (Direct)
Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. |
Common Shares
|
74,074 |
| 2026-06-01 | Reppas Tiah Norton |
Chief Accounting Officer |
Convert↑
Filing footnotes — Common Shares (Direct)
Represents two awards of RSUs. Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. |
Common Shares
|
56,250 |
| 2026-06-01 | McEwan Duncan J |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. |
Restricted Stock Unit (RSU)
|
74,074 |
| 2026-06-01 | Reppas Tiah Norton |
Chief Accounting Officer |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Represents two awards of RSUs. Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. The RSUs reported under Column 9 include two awards. The underlying outstanding shares and vesting schedules are as follows: (i) 3,750 shares outstanding of which 1,250 shares vest quarterly from September 1, 2026 until March 1, 2027; (ii) 30,000 outstanding shares of which 5,000 shares vest quarterly from September 1, 2026 until December 1, 2027. |
Restricted Stock Unit (RSU)
|
56,250 |
| 2026-06-01 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↑
Filing footnotes — Common Shares (Direct)
Represents two awards of RSUs. Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. |
Common Shares
|
159,375 |
| 2026-06-01 | McEwan Duncan J |
Director |
Convert↑
Filing footnotes — Common Shares (Direct)
Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. |
Common Shares
|
74,074 |
| 2026-06-01 | Kalbfleisch Kurt L. |
CEO and CFO |
Tax↓
Filing footnotes — Common Shares (Direct)
This transaction primarily represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on June 1, 2026. |
Common Shares
|
7,000 |
| 2026-06-01 | Kalbfleisch Kurt L. |
CEO and CFO |
Tax↓
Filing footnotes — Common Shares (Direct)
This transaction primarily represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on June 1, 2026. |
Common Shares
|
50,000 |
| 2026-06-01 | Reppas Tiah Norton |
Chief Accounting Officer |
Tax↓
Filing footnotes — Common Shares (Direct)
This transaction primarily represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on June 1, 2026. |
Common Shares
|
10,200 |
| 2026-06-01 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Represents two awards of RSUs. Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. The RSUs reported under Column 9 include two awards. The underlying outstanding shares and vesting schedules are as follows: (i) 23,437 outstanding shares of which 7,813 vests on June 30, 2026 and 7,812 vests on September 30, 2026 and Dec 31, 2026 and (ii) 37,500 shares outstanding of which 9,375 shares vest quarterly from September 1, 2026 until June 1, 2027. |
Restricted Stock Unit (RSU)
|
159,375 |
| 2026-06-01 | Reppas Tiah Norton |
Chief Accounting Officer |
Tax↓
Filing footnotes — Common Shares (Direct)
This transaction primarily represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on June 1, 2026. |
Common Shares
|
8,700 |
| 2026-06-01 | Harnett Sue |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one common share of Sphere 3D Corp. |
Restricted Stock Unit (RSU)
|
74,074 |
| 2026-05-29 | Harnett Sue |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Restricted Stock Unit (RSU)
|
12,630 |
| 2026-05-29 | Hanley Timothy P. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
12,630 |
| 2026-05-29 | Hanley Timothy P. |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Restricted Stock Unit (RSU)
|
12,630 |
| 2026-05-29 | Harnett Sue |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
12,630 |
| 2026-05-20 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
8,985 |
| 2026-05-20 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. These shares vested on March 31, 2026. The RSUs reported under Column 9 include three awards. The underlying outstanding shares and vesting schedules are as follows: (i) 23,437 outstanding shares of which 7,813 vests on June 30, 2026 and 7,812 vests on September 30, 2026 and Dec 31, 2026; (ii) 46,875 shares outstanding of which 9,375 shares vest quarterly from June 1, 2026 until June 1, 2027; and (iii) 150,000 shares outstanding which vest in full on June 1, 2026. |
Restricted Stock Unit (RSU)
|
8,985 |
| 2026-03-13 | Kalbfleisch Kurt L. |
CEO and CFO |
Sell↓
Filing footnotes — Common Stock (Direct)
This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on March 12, 2026. The common share balance has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026. |
Common Stock
|
9,800 |
| 2026-03-12 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. 8,983 shares vested on December 31, 2025 and 9,375 shares vested on March 1, 2026. The RSUs reported under Column 9 include four awards. The underlying outstanding shares and vesting schedules are as follows: (i) 1,172 shares vest on 3/31/2026; (ii) 31,250 outstanding shares of which 7,813 vests on March 31, 2026 and June 30, 2026 and 7,812 vests on September 30, 2026 and Dec 31, 2026; (iii) 46,875 shares outstanding of which 9,375 shares vest quarterly from June 1, 2026 until June 1, 2027; and (iv) 150,000 shares outstanding which vest in full on March 4, 2027. |
Restricted Stock Unit (RSU)
|
18,358 |
| 2026-03-12 | Reppas Tiah Norton |
Chief Accounting Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on March 11, 2026. The common share balance has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026. |
Common Stock
|
6,250 |
| 2026-03-12 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
18,358 |
| 2026-03-11 | Reppas Tiah Norton |
Chief Accounting Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
16,250 |
| 2026-03-11 | Reppas Tiah Norton |
Chief Accounting Officer |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. The RSUs reported under Column 9 include three awards. The underlying outstanding shares and vesting schedules are as follows: (i) 5,000 shares outstanding of which 1,250 shares vest quarterly from June 1, 2026 until March 1, 2027; (ii) 35,000 outstanding shares of which 5,000 shares vest quarterly from June 1, 2026 until December 1, 2027; and (iii) 50,000 outstanding shares which vest in full on March 4, 2027. |
Restricted Stock Unit (RSU)
|
16,250 |
| 2026-03-04 | Hanley Timothy P. |
Director |
Award↑
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. In addition to the 3/4/2026 RSU, the RSUs reported under Column 9 also include a RSU for 12,630 shares which vest in full on May 29, 2026. The RSU has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026. |
Restricted Stock Unit (RSU)
|
74,074 |
| 2026-03-04 | Harnett Sue |
Director |
Award↑
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. In addition to the 3/4/2026 RSU, the RSUs reported under Column 9 also include a RSU for 12,630 shares which vest in full on May 29, 2026. The RSU has been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026 |
Restricted Stock Unit (RSU)
|
74,074 |
| 2026-03-04 | Reppas Tiah Norton |
Chief Accounting Officer |
Award↑
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. In addition to the 3/4/2026 RSU, the RSUs reported under Column 9 also include two additional awards. The underlying outstanding shares and vesting schedules are as follows: (i) 6,250 shares outstanding of which 1,250 shares vested on March 1, 2026 and the remaining shares vest quarterly until March 1, 2027; and (ii) 50,000 outstanding shares of which 15,000 shares vested on March 1, 2026 and the remaining shares vest quarterly until 12/1/2027. These RSUs have been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026. |
Restricted Stock Unit (RSU)
|
50,000 |
| 2026-03-04 | Kalbfleisch Kurt L. |
CEO and CFO |
Award↑
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. (2) In addition to the 3/4/2026 RSU, the RSUs reported under Column 9 also include three additional awards. The underlying outstanding shares and vesting schedules are as follows: (i) 2,343 shares outstanding of which 1,171 vested on December 31, 2025 and the remaining shares vest on 3/31/2026; (ii) 39,062 outstanding shares of which 7,812 shares vested on December 31, 2025 and the remaining shares vest quarterly until 12/31/26; and (iii) 56,250 shares outstanding of which 9,375 vested March 1, 2026 and the remaining shares vest quarterly until June 1, 2027. These RSUs have been adjusted to reflect the issuer's 1 for 10 reverse stock split effective February 9, 2026. |
Restricted Stock Unit (RSU)
|
150,000 |
| 2026-03-04 | McEwan Duncan J |
Director |
Award↑
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Restricted Stock Unit (RSU)
|
74,074 |
| 2025-12-09 | Kalbfleisch Kurt L. |
CEO and CFO |
Sell↓
Filing footnotes — Common Stock (Direct)
This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on December 8, 2025. |
Common Stock
|
90,000 |
| 2025-12-08 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. 11,719 RSUs vested on September 30, 2025, 78,125 RSUs vested on September 30, 2025 and 93,750 RSUs vested on December 1, 2025. The RSUs reported under Column 9 include three awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning 12/31/2025 until 12/31/2026; (ii) 11,719 shares vest on 12/31/2025 and 11,717 shares vest on 3/31/2026; and (iii) 93,750 shares vest each quarter from 3/1/2025 until 6/1/2027. |
Restricted Stock Unit (RSU)
|
183,594 |
| 2025-12-08 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
183,594 |
| 2025-09-03 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. 11,607 RSUs vested on June 20, 2025, 89,844 RSUs vested on June 30, 2025 and 93,750 RSUs vested on September 1, 2025. The RSUs reported under Column 9 include three awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning 9/30/2025 until 12/31/2026; (ii) 11,719 shares vest each quarter beginning 9/30/2025 until 12/31/2025 and 11,717 shares vest on 3/31/2026; and (iii) 93,750 shares vest each quarter from 12/1/2025 until 6/1/2027. |
Restricted Stock Unit (RSU)
|
195,201 |
| 2025-09-03 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
195,201 |
| 2025-09-03 | Kalbfleisch Kurt L. |
CEO and CFO |
Tax↓
|
Common Stock
|
85,010 |
| 2025-06-05 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. 89,444 RSUs vested on March 31, 2025 and 250,000 RSUs vested on June 1, 2025. The RSUs reported under Column 9 include four awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning June 30, 2025 until December 31, 2026; (ii) 11,719 shares vest each quarter beginning 6/30/2025 until 12/31/2025 and 11,717 shares vest on 3/31/2026; (iii) 11,607 shares vest on 6/20/25; (iv) 93,750 shares vest each quarter from 9/1/2025 until 6/1/2027. |
Restricted Stock Unit (RSU)
|
339,844 |
| 2025-06-05 | Kalbfleisch Kurt L. |
CEO and CFO |
Tax↓
|
Common Stock
|
134,406 |
| 2025-06-05 | Kalbfleisch Kurt L. |
CEO and CFO |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
339,844 |
| 2025-05-29 | Harnett Sue |
Director |
Award↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Restricted Stock Unit (RSU)
|
126,300 |
| 2025-05-29 | McEwan Duncan J |
Director |
Award↑
|
Non-Qualified Stock Option (right to buy)
|
149,500 |
| 2025-05-29 | Hanley Timothy P. |
Director |
Award↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Restricted Stock Unit (RSU)
|
126,300 |
| 2025-05-15 | Hanley Timothy P. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Common Stock
|
96,154 |
| 2025-05-15 | Hanley Timothy P. |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (RSU) (Direct)
Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
Restricted Stock Unit (RSU)
|
96,154 |