MSGS Spinco director Hans Erik Vestberg holds 625 shares
The trust received the reported shares through a distribution to MSG Knickerbockers Corp. stockholders.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
For MSGS Spinco, Inc. (symbol MSGR), director Hans Erik Vestberg is reported with an indirect holding of 625 Class A common shares through his revocable trust on October 26, 2026. The trust received the shares in a distribution by MSG Knickerbockers Corp. to its stockholders.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vestberg Hans Erik
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 625 shares (Indirect, By Revocable Trust)
Footnotes (1)
- F1. Represents Class A Common Stock of MSG Rangers Corp. (formerly MSGS Spinco, Inc., and referred to herein as "MSGR") received by the Reporting Person's revocable trust in connection with the distribution by MSG Knickerbockers Corp. (formerly Madison Square Garden Sports Corp., and referred to herein as "MSGK") of outstanding common stock of MSGR to MSGK stockholders, effected on October 26, 2026 (the "Distribution"), in a transaction exempt under Rules 16a-9 and 16b-3. In the Distribution, MSGK distributed one share of MSGR's Class A common stock and one share of MSGR's Class B common stock to MSGK stockholders for every two shares of MSGK Class A common stock and MSGK Class B common stock, respectively, in a transaction exempt under Rule 16a-9.
Key Figures
Class A common shares held: 625 shares
Distribution ratio: 1 MSGR Class A share and 1 MSGR Class B share for every 2 corresponding MSG Knickerbockers Corp. shares
2 metrics
Class A common shares held
625 shares
Indirectly through Hans Erik Vestberg's revocable trust on October 26, 2026
Distribution ratio
1 MSGR Class A share and 1 MSGR Class B share for every 2 corresponding MSG Knickerbockers Corp. shares
Distribution to MSG Knickerbockers Corp. stockholders
Key Terms
revocable trust, Class A Common Stock, Rule 16a-9, Rule 16b-3
4 terms
revocable trust technical
"received by the Reporting Person's revocable trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Class A Common Stock technical
"Represents Class A Common Stock of MSG Rangers Corp."
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.
Rule 16a-9 regulatory
"transaction exempt under Rules 16a-9 and 16b-3"
Rule 16b-3 regulatory
"transaction exempt under Rules 16a-9 and 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was the MSGR distribution ratio to MSG Knickerbockers Corp. stockholders?
The distribution provided one MSGR Class A share and one MSGR Class B share for every two corresponding shares of MSG Knickerbockers Corp. held by stockholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
