MSGE awards 27,180 RSUs to legal chief
Lo Allen M. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lo Allen M. reported acquisition or exercise transactions in this Form 4 filing.
Madison Square Garden Entertainment Corp. reported that EVP & Chief Legal Officer Allen M. Lo received a grant of 27,180 Restricted Stock Units (RSUs) on Class A Common Stock as equity compensation, rather than through any open‑market purchase or sale.
Each RSU was granted under the company’s 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028, aligning the award with multi‑year executive retention and performance.
Insider Trade Summary
Grant/Award: 27,180 shares
Grant/Award
1 txn
Insider
Lo Allen M.
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 27,180 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 27,180 contracts (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- F2. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028.
Key Figures
RSUs granted: 27,180 Restricted Stock Units
Price per RSU: $0.00 per unit
Underlying shares: 27,180 Class A shares
+3 more
6 metrics
RSUs granted
27,180 Restricted Stock Units
Grant dated April 14, 2026 to EVP & Chief Legal Officer
Price per RSU
$0.00 per unit
Equity compensation grant, not an open‑market purchase
Underlying shares
27,180 Class A shares
Each RSU represents one share or cash equivalent
Post‑grant RSU holdings
27,180 units
Total RSUs held after this acquisition entry
First vesting date
September 15, 2026
First of three equal vesting and settlement installments
Final vesting date
September 15, 2028
Last scheduled vesting for this RSU award
Key Terms
Restricted Stock Units, 2023 Employee Stock Plan, Class A Common Stock, vest and settle, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Employee Stock Plan financial
"granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan and represents a right to receive one share"
Class A Common Stock financial
"represents a right to receive one share of Class A Common Stock or the cash equivalent thereof"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest and settle financial
"The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MSGE report for Allen M. Lo?
Madison Square Garden Entertainment Corp. reported that EVP & Chief Legal Officer Allen M. Lo received a grant of 27,180 Restricted Stock Units. These RSUs are equity compensation, not an open‑market trade, and are tied to the company’s Class A Common Stock.
Is the MSGE Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Allen M. Lo received 27,180 Restricted Stock Units at a price per unit of $0.00, reflecting an award under the company’s 2023 Employee Stock Plan rather than a cash-funded stock buy.
How many Madison Square Garden Entertainment RSUs were granted to Allen M. Lo?
Allen M. Lo was granted 27,180 Restricted Stock Units linked to MSGE Class A Common Stock. Following this transaction, his reported holdings in this RSU award total 27,180 units, each representing a right to one share or the cash equivalent at settlement.
When will Allen M. Lo’s MSGE RSU award vest and settle?
The 27,180 RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027, and September 15, 2028. This three‑year vesting schedule phases delivery of shares or cash over time, supporting long‑term alignment with the company.
What does each MSGE Restricted Stock Unit represent for Allen M. Lo?
Each RSU represents a right to receive one share of Madison Square Garden Entertainment Class A Common Stock or its cash equivalent. Settlement occurs as the units vest on scheduled dates, giving Allen M. Lo future equity or cash tied directly to MSGE’s stock.
Under which plan were the MSGE RSUs granted to Allen M. Lo?
The RSUs were granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan. This plan governs equity awards to employees, including executives, and specifies how units convert into Class A Common Stock or cash as vesting conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
