TESE VINCENT 4
Research Summary
AI-generated summary
Madison Square Garden Sports (MSGS) Director Tese Vincent Receives Award
What Happened Tese Vincent, a director of Madison Square Garden Sports Corp. (MSGS), received an award of 370 restricted stock units (RSUs) on February 17, 2026. The Form 4 reports the transaction as an award/acquisition (A) of 370 RSUs at $0.00 (derivative). This was a compensation grant (not a market purchase or sale).
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely filing).
- Grant: 370 RSUs reported at $0.00 (derivative award).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: RSUs granted in lieu of cash director fees under the 2015 Stock Plan for Non-Employee Directors; each RSU represents a right to one Class A share or cash equivalent.
- F2: RSUs are fully vested on the grant date and will be settled in stock or cash on the first business day 90 days after a separation from service.
- No 10b5-1 plan, tax-withholding sale, or late-filing indication noted.
Context This is a routine director compensation award rather than a buy or sell by the insider. RSUs grant the right to receive shares (or cash) later and, in this case, are already vested but will not be settled until a post-separation settlement trigger per the plan terms. Such awards reflect compensation policy and do not, by themselves, signal insider buying or selling intent.