Alexander Shvartsman of Madison Square Garden Entertainment (MSGE) granted 849 RSUs

Rhea-AI Filing Summary

Shvartsman Alexander reported acquisition or exercise transactions in this Form 4 filing.

Madison Square Garden Entertainment Corp. senior vice president, controller and principal accounting officer Alexander Shvartsman reported receiving a grant of 849 Restricted Stock Units under the company’s 2023 Employee Stock Plan. Each RSU represents a right to receive one share of Class A Common Stock or the cash equivalent. The RSUs vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028, and following this grant he holds 849 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shvartsman Alexander

Role SVP, Controller & PAO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	849	$0.00	--

Holdings After Transaction: Restricted Stock Units — 849 shares (Direct)

Footnotes (1)

1. 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. 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: 849 units Installments: 3 equal installments First vesting date: September 15, 2026 +3 more

6 metrics

RSUs granted 849 units Restricted Stock Units granted under 2023 Employee Stock Plan

Installments 3 equal installments RSUs vest and settle in three equal parts

First vesting date September 15, 2026 Initial one-third of RSUs vest and settle

Second vesting date September 15, 2027 Second one-third of RSUs vest and settle

Third vesting date September 15, 2028 Final one-third of RSUs vest and settle

Holdings after grant 849 RSUs Total Restricted Stock Units directly held following transaction

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

"Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan"

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"

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Shvartsman Alexander

(Last) (First) (Middle)

TWO PENNSYLVANIA PLAZA

(Street)

NEW YORK NEW YORK 10121

(City) (State) (Zip)

UNITED STATES

(Country)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Controller & PAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

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

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

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

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)	04/14/2026		A		849		(2)	(2)	Class A Common Stock	849	$0.0	849	D

Explanation of Responses:

1. 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.

2. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028.

	/s/ Mark C. Cresitello, Attorney-in-Fact for Alexander Shvartsman	04/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MSGE’s Alexander Shvartsman report on this Form 4?

Alexander Shvartsman reported receiving a grant of 849 Restricted Stock Units under Madison Square Garden Entertainment Corp.’s 2023 Employee Stock Plan. The award is reported as a derivative security and reflects a grant or award acquisition rather than an open-market share purchase or sale.

How many Restricted Stock Units did Alexander Shvartsman receive from MSGE?

He received 849 Restricted Stock Units. Each RSU is granted under Madison Square Garden Entertainment Corp.’s 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent, subject to the stated vesting schedule.

When will Alexander Shvartsman’s 849 MSGE RSUs vest and settle?

The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028. This means one-third of the grant becomes deliverable to him, in stock or cash, on each of those dates.

What does each MSGE Restricted Stock Unit granted to Alexander Shvartsman represent?

Each Restricted Stock Unit represents a right to receive one share of Madison Square Garden Entertainment Corp. Class A Common Stock or the cash equivalent. Delivery occurs when units vest and settle under the terms of the 2023 Employee Stock Plan and the award’s schedule.

What is Alexander Shvartsman’s role at Madison Square Garden Entertainment Corp.?

He serves as senior vice president, controller and principal accounting officer at Madison Square Garden Entertainment Corp. This officer role is disclosed in the Form 4, which reports his compensation-related grant of Restricted Stock Units under the company’s 2023 Employee Stock Plan.