D'Ambrosio Philip Gerard 4

What Happened
Philip D'Ambrosio, EVP and Treasurer of Madison Square Garden Entertainment Corp. (MSGE), sold 9,907 shares of MSGE stock in an open-market transaction on June 11, 2026. The shares were disposed at $74.48 per share, for proceeds of approximately $737,873. This was a sale (S), which is often a routine insider disposition and does not by itself indicate a change in company outlook.

Key Details

• Transaction date: 2026-06-11 (open-market sale)
• Price per share: $74.48; Total proceeds ≈ $737,873
• Shares disposed: 9,907 (transaction code S = Sale)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing date: 2026-06-15 — filed within the typical Form 4 reporting window (timely)
• No 10b5-1 plan, tax-withholding, or other footnotes were provided in the summary data supplied

Context
Sales by company officers can be routine (diversification, tax planning, payroll needs) and do not necessarily signal insider pessimism. For purchases or exercises, details about whether shares were retained vs. immediately sold would matter; in this case the filing records only a straightforward open-market sale.