D'Ambrosio Philip Gerard 4
4 · Madison Square Garden Entertainment Corp. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
MSGE EVP Philip D'Ambrosio Gifts 375 Shares
What Happened
Philip D'Ambrosio, EVP and Treasurer of Madison Square Garden Entertainment Corp. (MSGE), reported a gift transaction on the Form 4. On June 22, 2026 he transferred (gifted) a total of 375 shares of MSGE common stock to his children. The filing shows a $0.00 per-share price and $0 total proceeds (code G for gift).
Key Details
- Transaction date: June 22, 2026; Form 4 filed June 24, 2026 (timely within the 2-business-day requirement).
- Reported entries: one disposal of 375 shares (gift) by the reporting person and three corresponding acquisition entries of 125 shares each (recipients), all at $0.00.
- Shares owned after the transaction: not stated in the filing.
- Footnote: D'Ambrosio disclaims beneficial ownership of the shares held by his children; the filing notes this should not be taken as an admission of beneficial ownership for Section 16 purposes.
- Transaction code: G = Gift.
Context
Gifts are non‑market transfers and generally reflect personal or estate planning rather than a view on the company's outlook; they do not generate proceeds for the reporting person. The filing does not indicate any sales, purchases, option exercises, or trading plans tied to this transfer.
Insider Transaction Report
- Gift
Class A Common Stock
[F1]2026-06-22−375→ 15,397 total - Gift
Class A Common Stock
[F1]2026-06-22+125→ 125 total(indirect: By daughter) - Gift
Class A Common Stock
[F1]2026-06-22+125→ 125 total(indirect: By son) - Gift
Class A Common Stock
[F1]2026-06-22+125→ 125 total(indirect: By son)
Footnotes (1)
- [F1]This transaction involved the reporting person's gift of 375 shares of Madison Square Garden Entertainment Corp. Common Stock to his children. The reporting person disclaims beneficial ownership of the securities held by his children, and this report shall not be deemed an admission that the reporting person is the beneficial owner of securities for purposes of Section 16 or for any other purpose.