MSGE EVP/CFO David J. Collins Receives 4,368 RSU Award

What Happened

• David J. Collins, EVP and Chief Financial Officer of Madison Square Garden Entertainment Corp. (MSGE), was granted 4,368 restricted stock units (RSUs) on August 26, 2026. The Form 4 reports the acquisition price as $0.00 because this was an award/grant (derivative), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (timely reporting).
• Transaction type/code: A — Award/Grant (derivative RSUs).
• Amount: 4,368 RSUs; reported acquisition price: $0.00 on the Form 4.
• Vesting / settlement: RSUs vest and settle in three equal installments on Sept 15, 2027; Sept 15, 2028; and Sept 15, 2029 (per filing footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: RSUs granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan and represent a right to one share of Class A common stock (or cash equivalent) upon settlement.

Context

• RSUs are deferred compensation that convert to shares (or cash) only when they vest; this grant does not represent an immediate purchase or sale of MSGE stock. Such awards are routine for executive compensation and reflect future compensation opportunity rather than a direct market bet.