MSGS CEO James Dolan Receives Restricted Stock Awards

What Happened
James Dolan, Executive Chairman and CEO of Madison Square Garden Sports Corp. (MSGS), received two derivative equity awards on 2026-08-26: 9,750 restricted stock units (RSUs) and 15,134 performance restricted stock units (PSUs), for a total of 24,884 units. Each unit represents the right to receive one share of MSGS Class A common stock (or cash equivalent) and the reported acquisition price was $0.00 because these are grants, not open-market purchases.

Key Details

• Transaction date(s): 2026-08-26 (report filed 2026-08-28). Transaction code: A (award/grant). Price reported: $0.00 (derivative awards).
• Awards: 9,750 RSUs; 15,134 PSUs; total = 24,884 units.
• Vesting/settlement: RSUs vest in three equal installments on Sept 15 of 2027, 2028 and 2029 (Footnote F2). The PSUs (granted Aug 28, 2023) had performance conditions satisfied on Aug 26, 2026 and are scheduled to vest/settle on Sept 15, 2026 (Footnote F3).
• Each unit converts to one share of MSGS Class A common stock or cash upon settlement (Footnote F1).
• Shares owned after the transaction: not reported in this filing.
• Filing timeliness: filed within two days of the transaction date (not marked late).

Context

• These are derivative awards (RSUs/PSUs) — not an open-market buy or sale. They represent potential future share issuance to Dolan upon satisfaction of vesting/performance and settlement dates.
• PSUs became eligible because performance conditions were met on Aug 26, 2026; settlement is scheduled for Sept 15, 2026.
• Grants to executives are common compensation and do not by themselves indicate immediate buying or selling intent.