MSGE CEO James Dolan Receives RSU and PSU Awards

What Happened
James Dolan, Executive Chairman & CEO of Madison Square Garden Entertainment Corp. (MSGE), received two derivative awards on 2026-08-26: 53,657 restricted stock units (RSUs) and 99,565 performance restricted stock units (PSUs), for a total of 153,222 units. Both grants are recorded at $0.00 per unit (they are awards, not purchases); the PSUs’ performance conditions were satisfied on 2026-08-26 and are scheduled to settle on September 15, 2026.

Key Details

• Transaction date(s): 2026-08-26 (reported on Form 4 filed 2026-08-28).
• Transaction code/type: A = Award/Grant (derivative awards).
• Units granted: 53,657 RSUs; 99,565 PSUs; total = 153,222 units. Reported price: $0.00 (awarded).
• Vesting/settlement: PSUs scheduled to vest/settle on Sept 15, 2026; RSUs vest in three equal installments on Sept 15, 2027, Sept 15, 2028 and Sept 15, 2029.
• Instrument: Each RSU/PSU represents a right to one share of MSGE Class A common stock or a cash equivalent. (Footnotes F1–F3)
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Filing timeliness: Form 4 was filed two days after the transaction date (appears timely under Section 16 reporting rules).

Context
These were equity awards (derivative grants), not open-market purchases or sales. PSUs had previously been granted (9/1/2023) and only vested upon satisfaction of performance conditions on 8/26/2026; RSUs are time-based and will vest over 2027–2029. Awards can be settled in shares or cash, and grants are routine components of executive compensation rather than direct signals of buying or selling activity.