Madison Square Garden Entertainment (MSGE) awards 3,266 RSUs to director Marianne Dolan Weber

Rhea-AI Filing Summary

Madison Square Garden Entertainment Corp. reported an equity award to director Marianne Dolan Weber. On 12/10/2025, she received 3,266 restricted stock units (RSUs) under the company’s 2023 Stock Plan for Non-Employee Directors. Each RSU represents the right to receive one share of Class A Common Stock or the cash equivalent.

The RSUs are fully vested on the grant date and will be settled in stock or cash on the first business day that is 90 days after her separation from service. Following this grant, she beneficially owns 16,255 derivative securities related to Class A Common Stock, all held in direct form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WEBER MARIANNE DOLAN

(Last) (First) (Middle)

2 PENNSYLVANIA PLAZA

(Street)

NEW YORK NY 10121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Madison Square Garden Entertainment Corp. [ MSGE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 13(d) Group

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/10/2025		A		3,266		(2)	(2)	Class A Common Stock	3,266	$0	16,255	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Stock Plan for Non-Employee Directors and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.

2. The RSUs are fully vested on the date of the grant and will be settled in stock or in cash on the first business day 90 days after separation from service.

	/s/ Richard Baccari, Attorney-in-Fact for Marianne Dolan Weber	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Madison Square Garden Entertainment Corp. (MSGE) report in this Form 4?

The company reported that director Marianne Dolan Weber received an award of 3,266 restricted stock units (RSUs) on 12/10/2025 under the 2023 Stock Plan for Non-Employee Directors.

How many Madison Square Garden Entertainment Corp. (MSGE) RSUs were granted and at what price?

Marianne Dolan Weber was granted 3,266 RSUs, each tied to Class A Common Stock, with a stated price of $0 for the derivative security in the table.

When do Marianne Dolan Weber’s MSGE restricted stock units vest and settle?

The RSUs are fully vested on the date of grant, and they will be settled in stock or cash on the first business day 90 days after separation from service.

What does each Madison Square Garden Entertainment Corp. RSU represent in this filing?

Each RSU represents a right to receive one share of Class A Common Stock of Madison Square Garden Entertainment Corp. or the cash equivalent of that share.

How many MSGE derivative securities does Marianne Dolan Weber own after this Form 4 transaction?

After the reported RSU grant, Marianne Dolan Weber beneficially owns 16,255 derivative securities related to Madison Square Garden Entertainment Corp. Class A Common Stock, held directly.

Under which plan were the MSGE restricted stock units granted to the director?

The RSUs were granted under the Madison Square Garden Entertainment Corp. 2023 Stock Plan for Non-Employee Directors.