Madison Square Garden Entertainment Corp.'s SEC filings document its NYSE-listed Class A common stock, Nevada corporate status, quarterly earnings releases furnished on Form 8-K, and governance matters for a live entertainment company with major venue operations. The filings record material-event disclosures for operating results, officer appointments, employment agreements and changes in legal or accounting leadership.
Proxy and annual-meeting materials describe director elections, executive compensation, shareholder voting results and the company's dual-class voting structure, with Class A stockholders holding one vote per share and Class B stockholders holding ten votes per share. These disclosures frame MSGE's public reporting around venue-based entertainment economics, board composition, compensation arrangements and capital-security details.
Madison Square Garden Entertainment Corp. director receives RSU grant
Madison Square Garden Entertainment Corp. reported that non-employee director Deborah A. Dolan-Sweeney received 3,266 restricted stock units (RSUs) on 12/10/2025 under the company’s 2023 Stock Plan for Non-Employee Directors. Each RSU represents a 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 90 days after a separation from service. Following this transaction, 16,255 derivative securities are reported as beneficially owned on a direct basis. The filing also notes additional securities held directly by Ms. Dolan-Sweeney’s spouse, for which she disclaims beneficial ownership.
Madison Square Garden Entertainment Corp. reported the results of its annual stockholder meeting held on December 10, 2025. Class A stockholders, who have one vote per share, elected directors Martin Bandier, Donna M. Coleman, and Frederic V. Salerno, each receiving about 28.4 million votes "for" versus roughly 7.3 million votes withheld, with 2,450,439 broker non-votes on each.
Class B stockholders, whose shares carry ten votes each, unanimously elected nine directors, including James L. Dolan and other Dolan and Sweeney family members, with 68,667,540 votes "for" and no votes withheld or broker non-votes. Stockholders also approved other proposals, including one that received 106,753,379 votes "for" and a non-binding advisory say-on-pay vote (Proposal 3) that passed with 103,196,572 votes "for", 1,159,044 "against", 12,916 abstentions, and 2,450,439 broker non-votes, reflecting support from a majority of voting Class A shares and all Class B shares.
Madison Square Garden Entertainment Corp. (MSGE) reported initial insider holdings for executive Alexander Shvartsman on a Form 3. Shvartsman became an officer of the company, serving as SVP, Controller & PAO, effective November 24, 2025. He beneficially owns 1,242 shares of Class A common stock, held directly, and no derivative securities are listed.
Madison Square Garden Entertainment Corp. (MSGE) announced that its Board of Directors has appointed Alexander Shvartsman, 52, as Senior Vice President, Controller & Principal Accounting Officer, effective November 24, 2025. He brings extensive experience from Madison Square Garden Sports Corp., where he has served as Senior Vice President, Controller & Principal Accounting Officer since April 2020 and held several senior accounting and reporting roles dating back to 2010, as well as earlier roles at CIT Group Inc., American Standard Inc. and KPMG LLP.
Under his new employment agreement, Mr. Shvartsman will receive an annual base salary of $500,000 or more and will be eligible for an annual bonus targeted at not less than 50% of base salary, plus long-term incentive awards with an expected annual target value of at least $500,000. For the current fiscal year ending June 30, 2026, he will receive a pro-rated mid-year long-term incentive grant based on the increase from his MSG Sports target. The agreement includes severance protections if he is terminated without cause or resigns for good reason before the third anniversary of his start date, as well as noncompetition covenants for one year after his employment ends.
MSG Entertainment (MSGE) reported a proposed insider sale via Form 144. The notice covers up to 5,265 Class A shares, with an aggregate market value of $255,475.15, to be sold through Fidelity Brokerage Services LLC on the NYSE, with an approximate sale date of 11/12/2025. The shares were acquired on 09/15/2024 through restricted stock vesting from the issuer, recorded as compensation.
Madison Square Garden Entertainment (MSGE) filed its quarterly report for the three months ended September 30, 2025. Total revenues were $158,262, up 14% year over year, driven by higher concerts and more sporting and live events at The Garden, plus stronger food and beverage sales of $22,837. Arena license fees and other leasing revenue were $4,115.
The company reported an operating loss of $29,739, reflecting a $13,782 impairment on corporate office right‑of‑use assets and higher SG&A. Net loss was $21,654 (basic and diluted loss per share $0.46). Cash from operating activities improved to $19,808 from a use of cash in the prior year. MSGE repurchased $25,000 of Class A shares (623,271 shares) and had $45,000 remaining under its authorization. As of September 30, non‑current principal on the National Properties Term Loan was $571,289 at a 6.41% rate, and the revolver had $20,000 outstanding at 6.39%, which was repaid in October. Shares outstanding as of October 31, 2025 were Class A 40,364,953 and Class B 6,866,754.
Madison Square Garden Entertainment Corp. furnished an update on its business by announcing financial results for its first quarter ended September 30, 2025. The company shared the details via a press release, which is included as Exhibit 99.1 and incorporated by reference.
The information was provided under Item 2.02 and is furnished, not filed, under the Exchange Act. MSGE’s Class A common stock trades on the New York Stock Exchange under the symbol MSGE.
Madison Square Garden Entertainment Corp. announced a leadership change: Executive Vice President and General Counsel Laura Franco will leave the company effective October 31, 2025. The company stated she will receive severance benefits in accordance with the terms of her employment agreement.
Madison Square Garden Entertainment Corp. (MSGE) set its 2025 annual meeting as a virtual webcast on December 10, 2025 at 10:00 a.m. ET, with advance registration required by December 5, 2025 at 5:00 p.m. ET.
Stockholders will vote on three items: election of directors, ratification of Deloitte & Touche LLP as independent auditor for the fiscal year ending June 30, 2026, and an advisory vote on executive compensation. The Board recommends FOR all proposals.
The slate includes 12 nominees—three Class A nominees elected by Class A holders and nine Class B nominees elected by Class B holders. As of October 17, 2025, shares outstanding were 40,364,953 Class A (one vote per share) and 6,866,754 Class B (ten votes per share). Due to ownership of all Class B shares, the Dolan Family Group can elect all Class B directors and approve Proposals 2 and 3.
MSGE is a “controlled company” under NYSE rules, with independent Audit and Compensation Committees. The proxy details governance practices, compensation philosophy tied to AOI and Total Company Net Revenue, and director compensation.
Insider report: David J. Collins, EVP and CFO of Madison Square Garden Entertainment Corp. (MSGE), had restricted stock units vest and settle on September 15, 2025. A tranche of 4,781 RSUs granted April 24, 2025 vested and were settled, resulting in 4,781 shares of Class A common stock acquired at a $0 per-share cost under the plan. Simultaneously, 1,723 shares were withheld to satisfy tax-withholding obligations, leaving Mr. Collins with 3,058 additional Class A shares from this event. After these transactions, Mr. Collins beneficially owned 9,564 Class A shares in total. The RSU award schedule shows remaining vesting on 9/15/2026 and 9/15/2027 for the other tranches.