secwatch.observer — SEC 8-K summary
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Issuer:     Sphere Entertainment Co. (SPHR)
CIK:        0001795250
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001193125-22-088140
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Madison Square Garden Entertainment appoints Courtney Zeppetella as CAO, replacing retiring Yospe
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- Courtney Zeppetella appointed SVP, Controller and CAO, effective May 2, 2022; replaces retiring Joseph Yospe.
- She was a KPMG Audit Partner; base salary at least $550k, annual target bonus 50% of salary, LTIP target ≥$500k.
- One-time special cash payment of $200k; repayment required if employment terminates within one year for certain reasons.
- Severance includes at least sum of base salary plus target bonus if terminated without cause or for good reason; non-compete for one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795250/000119312522088140/0001193125-22-088140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795250/000119312522088140/d316762d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-088140

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