MSGE EVP/Treasurer Philip D'Ambrosio Receives Award of 28,648 Shares
$MSGE · Madison Square Garden Entertainment Corp.Research Summary
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MSGE EVP/Treasurer Philip D'Ambrosio Receives Award of 28,648 Shares
What Happened Philip Gerard D'Ambrosio, EVP and Treasurer of Madison Square Garden Entertainment Corp. (MSGE), was granted equity awards on August 26, 2026: 8,735 restricted stock units (RSUs) and 19,913 performance restricted stock units (PSUs), for a total of 28,648 derivative awards. Each award is reported at $0.00 because these are grants (not purchases). The PSUs’ performance conditions were satisfied on August 26, 2026 and are scheduled to vest/settle on September 15, 2026; the RSUs vest in three equal installments on September 15 of 2027, 2028 and 2029.
Key Details
- Transaction date: August 26, 2026; transaction code A (award/grant); reported price $0.00.
- Awards: 8,735 RSUs; 19,913 PSUs; total = 28,648 derivative units.
- Vesting/settlement: PSUs to settle on Sept 15, 2026 (performance condition satisfied Aug 26, 2026); RSUs vest in three equal installments on Sept 15 of 2027, 2028 and 2029.
- Footnotes: RSUs/PSUs are granted under MSGE’s 2023 Employee Stock Plan and each unit represents the right to one share of Class A common stock or a cash equivalent. PSUs were originally granted Sept 1, 2023.
- Shares owned after transaction: not specified in the information provided.
- Filing timeliness: Report filed Aug 28, 2026 for an Aug 26, 2026 transaction; appears to be timely (no late filing indicated).
Context These are equity awards (time-based RSUs and performance-based PSUs) rather than open-market purchases or sales. PSUs are contingent on performance and, once vested/settled, may convert to shares or cash; RSUs vest over multi-year service dates. Awards are common compensation for executives and do not by themselves indicate a buy/sell decision in the market.