Sphere 3D Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:DRK Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 Sep 26	BuyUS$99,999	Timothy Hanley	Individual	33,333	US$3.00
08 Sep 26	BuyUS$499,998	Joel Block	Individual	166,666	US$3.00
08 Sep 26	BuyUS$399,999	Nicholas Gates	Individual	133,333	US$3.00
30 Jul 26	BuyUS$794,520	Joshua Kilgore	Individual	400,000	US$2.34
12 Mar 26	SellUS$10,063	Tiah Reppas	Individual	6,250	US$1.61

Insider Trading Volume

Insider Buying: DRK insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DRK?
Owner Type	Number of Shares	Ownership Percentage
Institutions	347,095	3.28%
Individual Insiders	2,330,493	22%
General Public	7,891,908	74.7%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 273.2%.

Top Shareholders

Top 25 shareholders own 25.33% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4.86%	Thomas Masiero	513,741	US$1.5m	0%	no data
4.51%	Jialin Qu	476,490	US$1.4m	0%	no data
3.32%	Joel Block	351,403	US$1.0m	-59.3%	no data
2.84%	Joshua Kilgore	300,000	US$867.0k	0%	no data
1.83%	Kurt Kalbfleisch	193,433	US$559.0k	9.75%	no data
1.32%	Nicholas Gates	139,888	US$404.3k	147%	no data
1.08%	Hudson River Trading LLC	114,180	US$330.0k	0%	no data
1.01%	Susan Harnett	106,675	US$308.3k	434%	no data
0.7%	Duncan McEwan	74,483	US$215.3k	18,100%	no data
0.62%	Timothy Hanley	65,934	US$190.5k	-5.77%	no data
0.61%	MM Asset Management Inc	64,920	US$187.6k	0%	0.01%
0.57%	Marcus Dent	60,210	US$174.0k	0%	no data
0.52%	Sterne Agee Asset Management, Inc.	54,660	US$158.0k	299%	0.01%
0.46%	Tiah Reppas	48,236	US$139.4k	290%	no data
0.37%	UBS Asset Management AG	38,883	US$112.4k	37.3%	no data
0.26%	BNP Paribas Financial Markets SNC	27,115	US$78.4k	-2.87%	no data
0.14%	Jane Street Group, LLC	14,838	US$42.9k	-37.8%	no data
0.1%	Sowell Financial Services, LLC	11,000	US$31.8k	0%	no data
0.094%	Morgan Stanley	9,894	US$28.6k	11.2%	no data
0.069%	Harbour Investments, Inc.	7,300	US$21.1k	0%	no data
0.017%	Citigroup Inc.	1,800	US$5.2k	0%	no data
0.0091%	RBC Dominion Securities Inc.	963	US$2.8k	2,910%	no data
0.0052%	SBI Holdings, Inc.	553	US$1.6k	170%	no data
0.0047%	Arlington Trust Co Llc	500	US$1.4k	0%	no data
0.0027%	The Toronto-Dominion Bank	291	US$840.0	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/17 19:52
End of Day Share Price	2026/09/16 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sphere 3D Corp. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hubert Mak	ATB Cormark Historical (Cormark Securities)
Kevin Dede	H.C. Wainwright & Co.
Daniel Amir	Ladenburg Thalmann & Company