Marianne E. Dolan Weber 2012 Descendants Trust 4
4 · Madison Square Garden Sports Corp. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
MSGS Trust Marianne Dolan Weber Transfers 9,700 Class B Shares
What Happened The filing shows the Marianne E. Dolan Weber 2012 Descendants Trust (a member of a 13(d) group) transferred 9,700 shares of Madison Square Garden Sports Corp. (MSGS) Class B Common Stock on 2026-06-01. The transaction is reported as an "other acquisition or disposition" (code J) and is a corrective transfer — not an open-market sale — to remedy an administrative error arising from a prior allocation of Class B shares. No consideration was exchanged. The filing was submitted on 2026-06-03.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
- Transaction code: J (other acquisition/disposition); amount: 9,700 shares disposed/transferred.
- Price: N/A (no cash transaction); total value: N/A.
- Security: Class B Common Stock (convertible 1:1 into Class A common stock).
- Footnote: This was a corrective transfer to move 9,700 excess Class B shares from this Reporting Person to the Charles F. Dolan 2009 Family Trust FBO Marianne Dolan Weber; no consideration and not effected through the market.
- Shares owned after the transaction: not specified in the summary provided (see the Form 4 for full holdings).
Context This was an internal corrective transfer between related family trusts to fix a prior administrative misallocation; such corrections do not represent market-based selling or buying intent. The shares involved are Class B common stock, which the holder can convert share-for-share into Class A common stock if desired. Because this was a non-market transfer among related parties, it should not be read as a routine insider purchase or a liquidity-driven sale.
Insider Transaction Report
- Other
Class B Common Stock
[F1][F2]2026-06-01−9,700→ 9,002 total→ Class A Common Stock (9,700 underlying)
Footnotes (2)
- [F1]Madison Square Garden Sports Corp. Class B Common Stock ("Class B Common Stock") is convertible at the option of the holder on a share for share basis into Madison Square Garden Sports Corp. Class A Common Stock ("Class A Common Stock").
- [F2]Represents a corrective transfer to remedy an administrative error in the prior receipt of Class B Common Stock made in connection with the partial repayment of a promissory note. The original receipt of Class B Common Stock was reported on a Form 4 filed on February 24, 2026. Due to the administrative error, the Reporting Person received 9,700 excess shares of Class B Common Stock, and the Charles F. Dolan 2009 Family Trust FBO Marianne Dolan Weber received 9,700 too few shares of Class B Common Stock. This transfer corrects that error by transferring 9,700 shares of Class B Common Stock from the Reporting Person to the Charles F. Dolan 2009 Family Trust FBO Marianne Dolan Weber. No consideration was exchanged in connection with this transfer, and the transfer was not effected through any open market or trading transaction.