Form 4 for MSGE Madison Square Garden Entertainment Corp.
Accepted 2025-09-17 00:00:00 ET · period of report 2025-09-15 · accession 0001193125-25-206208 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-09-17 | 2025-09-15 | MSGE | Franco Laura | EVP, GC | F - Tax | $43.94 | -6,000 | 13.0K | -32% | -$263.6K |
| DM | 2025-09-17 | 2025-09-15 | MSGE | Franco Laura | EVP, GC | M - OptEx | $0.00 | +13.7K | 19.0K | +260% | $0 |
| DM | 2025-09-17 | 2025-09-15 | MSGE | Franco Laura | EVP, GC | M - OptEx | $0.00 | -13.7K | 1,246 | -92% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-09-15 | F | D | 6,000 | $43.94 | 12,980 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-09-15 | M | A | 1,246 | $0.00 | 6,511 | D | — | — | (F1) Each restricted stock unit ("RSU") was granted on April 24, 2024 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Employee Stock Plan (the "2023 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026. (F5) On the Reporting Person's Form 4 filed September 17, 2024, the number of shares of Class A Common Stock were understated by 45 shares due to an inadvertent typographical error when reporting the vesting and settlement of certain restricted stock units on September 13, 2024. The amount reflected here corrects that misstatement, after taking account of the transaction reported in this row of this Form 4. |
| 3 | Common | Class A Common Stock | 2025-09-15 | M | A | 9,465 | $0.00 | 15,976 | D | — | — | (F2) Each RSU was granted on April 24, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025, 24% of the RSUs are scheduled to vest and settle on on September 15, 2026 and 4% on September 15, 2027. |
| 4 | Common | Class A Common Stock | 2025-09-15 | M | A | 3,004 | $0.00 | 18,980 | D | — | — | (F3) Each RSU was granted on August 27, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027. |
| 5 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 3,004 | $0.00 | 6,008 | D | — · — to 2027-09-15 | 3,004 Class A Common Stock | (F3) Each RSU was granted on August 27, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027. |
| 6 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 9,465 | $0.00 | 6,627 | D | — · — to 2027-09-15 | 9,465 Class A Common Stock | (F2) Each RSU was granted on April 24, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. 32% of the RSUs vested and were settled on September 13, 2024. 40% of the RSUs vested and were settled on September 15, 2025, 24% of the RSUs are scheduled to vest and settle on on September 15, 2026 and 4% on September 15, 2027. |
| 7 | Derivative | Restricted Stock Units | 2025-09-15 | M | D | 1,246 | $0.00 | 1,246 | D | — · — to 2026-09-13 | 1,246 Class A Common Stock | (F1) Each restricted stock unit ("RSU") was granted on April 24, 2024 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Employee Stock Plan (the "2023 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026. |