MSGS Spinco CFO DiCicco acquires 407 stock units
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Form Type
4
Rhea-AI Filing Summary
MSGS Spinco, Inc. (MSGR) EVP, CFO & Treasurer Paul M. DiCicco acquired 407 restricted stock units in connection with the October 26, 2026 distribution by MSG Knickerbockers Corp. Each unit represents a right to receive one Class A common share or its cash equivalent. The units are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028, and September 15, 2029.
Insider Trade Summary
Other: 407 shares
Other
2 txns
Insider
DiCicco Paul M.
Role
EVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Restricted Stock Units F1, F2, F3 | 407 | $0.00 | $0.00 |
| holding | No Securities Owned | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 407 contracts (Direct);
No Securities Owned — 0 shares (Direct)
Footnotes (3)
- F1. Represents restricted stock units ("RSUs") of MSG Rangers Corp. (formerly MSGS Spinco, Inc., and referred to herein as "MSGR") received by the Reporting Person 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 ("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 Rules 16a-9. Each RSU is granted under the MSGR 2026 Employee Stock Plan and represents a right to receive one share of MSGR Class A Common Stock or the cash equivalent thereof.
- F2. Reflects the acquisition of RSUs in connection with the Distribution in a transaction exempt under Rules 16a-9, 16b-6 and 16b-3. Reporting Person received one MSGR RSU in respect of every two MSGK RSUs.
- F3. Pursuant to the terms of the Reporting Person's MSGK RSU award dated August 26, 2026, the RSUs are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028 and September 15, 2029.
Key Figures
Restricted stock units acquired: 407 units
Underlying Class A common stock per RSU: 1 share or cash equivalent
MSG R RSUs per MSGK RSUs: 1 per 2
+1 more
4 metrics
Restricted stock units acquired
407 units
October 26, 2026
Underlying Class A common stock per RSU
1 share or cash equivalent
Each RSU represents a right to receive this amount
MSG R RSUs per MSGK RSUs
1 per 2
Distribution exchange ratio
Scheduled vesting and settlement installments
3 equal installments
September 15, 2027; September 15, 2028; and September 15, 2029
Key Terms
restricted stock units, Distribution, vest and settle, Rules 16a-9 and 16b-3
4 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") of MSG Rangers Corp."
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.
Distribution financial
"in connection with the distribution by MSG Knickerbockers Corp."
A distribution is a payment or transfer of value from a company, fund, or trust to its shareholders or unit holders, commonly made in cash, additional shares, or other assets. Investors care because distributions provide income, reflect how much cash a business or fund can return to owners, can influence yield and taxable income, and often affect the share price much like a store handing out a portion of its profits to customers.
vest and settle technical
"the RSUs are scheduled to vest and settle in three equal installments"
Rules 16a-9 and 16b-3 regulatory
"in a transaction exempt under Rules 16a-9 and 16b-3"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many MSGR restricted stock units did Paul M. DiCicco receive, and when do they vest?
Paul M. DiCicco received 407 restricted stock units. They are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028, and September 15, 2029.
Why did Paul M. DiCicco receive MSGR restricted stock units?
He received the units in connection with MSG Knickerbockers Corp.'s distribution of MSGR stock. The distribution provided one MSGR RSU for every two MSGK RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
