MSGE EVP reports 750-share stock gifts
Madison Square Garden Entertainment Corp. executive Philip Gerard D'Ambrosio reported a series of stock gifts to his children.
Rhea-AI Filing Summary
Madison Square Garden Entertainment Corp. executive Philip Gerard D'Ambrosio reported a series of stock gifts to his children. On the reported date, he made bona fide gifts totaling 750 shares of Class A Common Stock, including 375 shares transferred from his directly held position.
Form 4 data show 125-share gifts reported as indirectly held by his son and 125 shares by his daughter, with the filing stating that he disclaims beneficial ownership of securities held by his children. After the 375-share direct gift, he continues to hold 15,397 shares of Class A Common Stock directly.
Insider Trade Summary
750 shares gifted
Gift
4 txns
Insider
D'Ambrosio Philip Gerard
Role
EVP and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 375 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 125 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 125 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 125 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 15,397 shares (Direct);
Class A Common Stock — 125 shares (Indirect, By daughter);
Class A Common Stock — 125 shares (Indirect, By son)
Footnotes (1)
- F1. This transaction involved the reporting person's gift of 375 shares of Madison Square Garden Entertainment Corp. Common Stock to his children. The reporting person disclaims beneficial ownership of the securities held by his children, and this report shall not be deemed an admission that the reporting person is the beneficial owner of securities for purposes of Section 16 or for any other purpose.
Key Figures
Total shares gifted: 750 shares
Direct gift: 375 shares
Gift to son: 125 shares
+2 more
5 metrics
Total shares gifted
750 shares
Aggregate bona fide gifts of Class A Common Stock
Direct gift
375 shares
Gift from directly held Class A Common Stock
Gift to son
125 shares
Indirect holding reported as by son
Gift to daughter
125 shares
Indirect holding reported as by daughter
Direct holdings after transaction
15,397 shares
Class A Common Stock held directly post-gift
Key Terms
bona fide gift, beneficial ownership, Section 16, indirect ownership
4 terms
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the securities held by his children"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By son"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MSGE executive Philip D'Ambrosio report on this Form 4?
Philip Gerard D'Ambrosio reported bona fide gifts of Madison Square Garden Entertainment Corp. Class A Common Stock. The filing shows four gift transactions totaling 750 shares, consisting of transfers from both directly held shares and positions reported as held for his children.
Are the MSGE transactions reported by Philip D'Ambrosio considered market-moving events?
The filing shows routine bona fide gifts totaling 750 MSGE shares, not open-market trades. These are non-cash, non-sale dispositions and are generally viewed as personal estate or family planning actions rather than market-driven investment decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
