MSGE (MSGE) director Charles Dolan sells 19,311 shares in open market

Rhea-AI Filing Summary

Madison Square Garden Entertainment Corp. director Charles P. Dolan reported an open-market sale of Class A Common Stock. He sold 19,311 shares on February 20, 2026 at a weighted average price of $63.76 per share in multiple trades priced between $63.44 and $63.97. After this transaction, he directly holds 660 shares of Class A Common Stock.

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^*

DOLAN CHARLES P

(Last) (First) (Middle)

TWO 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)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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
Class A Common Stock	02/20/2026		S		19,311	D	$63.76(1)	660	D

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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $63.44 to $63.97 per share. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.

	Mark C. Cresitello, Attorney-in-Fact for Charles P. Dolan	02/24/2026
	** 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).
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FAQ

What insider transaction did MSGE director Charles P. Dolan report?

Charles P. Dolan reported selling 19,311 shares of Madison Square Garden Entertainment Class A Common Stock. The transaction was an open-market sale, recorded on February 20, 2026, and left him with direct ownership of 660 remaining Class A shares.

At what price did Charles P. Dolan sell MSGE Class A shares?

He sold the shares at a weighted average price of $63.76 per share. Individual trades were executed in a price range from $63.44 to $63.97 per share, according to the disclosure footnote accompanying the Form 4 filing.

How many Madison Square Garden Entertainment shares does Dolan hold after the sale?

After the reported transaction, Charles P. Dolan directly holds 660 shares of MSGE Class A Common Stock. This figure reflects his direct ownership position immediately following the 19,311-share open-market sale recorded on February 20, 2026.

What type of transaction was reported in the MSGE Form 4 filing?

The filing reports an open-market sale of non-derivative Class A Common Stock. The transaction is coded as “S,” indicating a sale in open-market or private transactions, and is explicitly described as an open-market sale by the reporting person.

Did the MSGE Form 4 footnote provide additional pricing details?

Yes. The footnote explains the transaction occurred in multiple trades between $63.44 and $63.97 per share. It states the reported $63.76 is a weighted average and offers to provide full trade details upon request to regulators or shareholders.