---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-008129"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T04:58:31.417058+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sphere 3D enters amended employment agreement with CFO; grants 1M RSUs valued at $493K

## Summary
- Amended and restated employment agreement with CFO Kurt Kalbfleisch, effective April 22, 2025.
- Annual base salary of $336,000; eligible for annual discretionary bonus up to 75% of base salary.
- One-time grant of 1,000,000 RSUs valued at $493,000 (based on $0.493/share), vesting 25% on June 1, 2025 and quarterly thereafter.
- Upon termination without cause or for good reason: 18 months base salary plus 50% target bonus, 12 months health benefits, immediate equity vesting.
- Mr. Kalbfleisch also serves as Interim CEO until a replacement CEO is appointed.

## SEC filing metadata
- accession: 0001062993-25-008129
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591956/000106299325008129/0001062993-25-008129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299325008129/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-008129
- JSON: https://secwatch.observer/filing/0001062993-25-008129.json
- Plain text: https://secwatch.observer/filing/0001062993-25-008129.txt

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