MSGS SVP Warner Bryan Receives RSU Award (625 Shares)

What Happened
Warner Bryan, SVP and Head of Legal at Madison Square Garden Sports Corp. (MSGS), was granted 625 restricted stock units (RSUs) on 2026-08-26. The grant is recorded as a derivative award with an acquisition price of $0.00 (i.e., a compensation grant rather than an open‑market purchase). The RSUs represent a right to receive one share of Class A common stock (or cash equivalent) upon vesting.

Key Details

• Transaction date: 2026-08-26; filing date: 2026-08-28 (filed timely).
• Transaction type/code: Award/Grant (A). Price reported: $0.00.
• Number of RSUs granted: 625.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote F1: Each RSU is a right to one share of Class A common stock (or cash equivalent) under the company’s 2015 Employee Stock Plan.
• Footnote F2: RSUs vest and settle in three equal installments on Sept 15, 2027; Sept 15, 2028; and Sept 15, 2029. No tax‑withholding or sale-on-vesting details were disclosed in this filing.

Context
RSU grants are a form of compensation and are different from open‑market purchases or sales. These RSUs do not convert into shares (or cash) until they vest per the schedule above; until then they are a contingent/derivative award. Such grants are common for employee compensation and do not by themselves indicate trading sentiment.