---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-007396"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2024-03-29T23:59:59+00:00"
generated_at: "2026-06-04T05:21:13.526853+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Sphere 3D cuts CEO salary to $350k; new CFO agreement with $320k salary and RSU grant

## Summary
- CEO Patricia Trompeter voluntarily reduced base salary from $450k to $350k, effective Jan 22, 2024; arrears payable on request.
- Second amendment clarifies change-of-control calculation on as-converted basis, regardless of conversion restrictions.
- New CFO Kurt Kalbfleisch agreement: $320k base salary, eligible for discretionary bonus up to 75% of base, plus RSUs.
- Kalbfleisch received 125,000 RSUs (~$170k at $1.36/share); 25% vested March 27, 2024, rest quarterly through Jan 2026.
- Severance includes 18 months base salary and 50% target bonus for 18 months upon qualifying termination.

## SEC filing metadata
- accession: 0001062993-24-007396
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2024-03-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 5.02, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591956/000106299324007396/0001062993-24-007396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299324007396/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-007396
- JSON: https://secwatch.observer/filing/0001062993-24-007396.json
- Plain text: https://secwatch.observer/filing/0001062993-24-007396.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.