4//SEC Filing
Franco Laura 4
Accession 0001193125-25-206208
CIK 0001952073other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:15 PM ET
Size
17.0 KB
Accession
0001193125-25-206208
Insider Transaction Report
Form 4
Franco Laura
EVP & General Counsel
Transactions
- Tax Payment
Class A Common Stock
2025-09-15$43.94/sh−6,000$263,640→ 12,980 total - Exercise/Conversion
Class A Common Stock
2025-09-15+1,246→ 6,511 total - Exercise/Conversion
Class A Common Stock
2025-09-15+9,465→ 15,976 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−1,246→ 1,246 totalExp: 2026-09-13→ Class A Common Stock (1,246 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-15−3,004→ 6,008 totalExp: 2027-09-15→ Class A Common Stock (3,004 underlying) - Exercise/Conversion
Class A Common Stock
2025-09-15+3,004→ 18,980 total - Exercise/Conversion
Restricted Stock Units
2025-09-15−9,465→ 6,627 totalExp: 2027-09-15→ Class A Common Stock (9,465 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") was granted on April 24, 2024 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Employee Stock Plan (the "2023 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026.
- [F2]Each RSU was granted on April 24, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025, 24% of the RSUs are scheduled to vest and settle on on September 15, 2026 and 4% on September 15, 2027.
- [F3]Each RSU was granted on August 27, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
- [F4]Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footones 1, 2 and 3 above, exempt under Rule 16b-3.
- [F5]On the Reporting Person's Form 4 filed September 17, 2024, the number of shares of Class A Common Stock were understated by 45 shares due to an inadvertent typographical error when reporting the vesting and settlement of certain restricted stock units on September 13, 2024. The amount reflected here corrects that misstatement, after taking account of the transaction reported in this row of this Form 4.
Documents
Issuer
Madison Square Garden Entertainment Corp.
CIK 0001952073
Entity typeother
Related Parties
1- filerCIK 0001769491
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:15 PM ET
- Size
- 17.0 KB