MSGS Spinco: Dolan-Sweeney receives 3,436 shares
MSGK distributed one share of each MSGR class for every two shares of the corresponding MSGK class.
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Form Type
4
Rhea-AI Filing Summary
MSGS Spinco, Inc. (MSGR) reported share restructurings tied to its spin-off from MSG Knickerbockers Corp. On October 20, 2026, MSGR’s issued and outstanding common stock was recapitalized into Class A and Class B shares. MSG Knickerbockers Corp. and its subsidiaries acquired 9,794,568 Class A shares and 2,264,754 Class B shares that day, then disposed of the same respective counts on October 26, 2026. Class B Common Stock is convertible into Class A Common Stock at the holder’s option on a share-for-share basis.
Deborah A. Dolan-Sweeney, a Member of a 13(d) Group, directly received 3,436 Class A shares, with 3,436 reported after the transaction. Her spouse received 7,591 and 3,754 Class A shares, and her spouse as trustee for minor children received 1,123; Dolan-Sweeney disclaimed beneficial ownership of the spouse-held securities.
Insider Trade Summary
Other: 24,134,648 shares
Other
9 txns
Insider
DOLAN-SWEENEY DEBORAH A
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock F1, F8 | 2,264,754 | -- | -- |
| Other | Class A Common Stock F1 | 9,794,568 | -- | -- |
| Other | Class A Common Stock F2, F3 | 3,436 | -- | -- |
| Other | Class A Common Stock F4, F3, F5, F6 | 7,591 | -- | -- |
| Other | Class A Common Stock F7, F5, F6 | 3,754 | -- | -- |
| Other | Class A Common Stock F4, F2, F3, F6 | 1,123 | -- | -- |
| Other | Class B Common Stock F1, F8 | 2,264,754 | -- | -- |
| Other | Common Stock, par value $0.01 per share F1 | 100 | -- | -- |
| Other | Class A Common Stock F1 | 9,794,568 | -- | -- |
Holdings After Transaction:
Class B Common Stock — 0 contracts (Indirect, By MSG Knickerbockers Corp. and its subsidiaries);
Common Stock, par value $0.01 per share — 0 shares (Indirect, By MSG Knickerbockers Corp. and its subsidiaries);
Class A Common Stock — 0 shares (Indirect, By MSG Knickerbockers Corp. and its subsidiaries);
Class A Common Stock — 3,436 shares (Direct);
Class A Common Stock — 11,345 shares (Indirect, By Spouse);
Class A Common Stock — 1,123 shares (Indirect, By Spouse as Trustee for Minor Children)
Footnotes (8)
- F1. Relates to the spin-off of MSG Rangers Corp. (formerly MSGS Spinco, Inc., and referred to herein as "MSGR") from MSG Knickerbockers Corp. (formerly Madison Square Garden Sports Corp., and referred to herein as "MSGK"). To effect the spin-off, on October 20, 2026, the issued and outstanding common stock of MSGR was recapitalized into MSGR's Class A common stock ("Class A Common Stock") and MSGR's Class B common stock ("Class B Common Stock") in a transaction exempt under Rule 16b-7. On October 26, 2026, MSGK distributed one share of Class A Common Stock and Class B Common Stock to its stockholders for every two shares of MSGK Class A common stock and MSGK Class B common stock, respectively (the "Distribution"), in a transaction exempt under Rule 16a-9.
- F2. Represents Class A Common Stock received in connection with the Distribution in a transaction exempt under Rule 16a-9.
- F3. Reflects a transfer of shares previously owned directly by MSGK and its subsidiaries exempt under Rule 16a-13.
- F4. Represents Class A Common Stock received in connection with the Distribution in a transaction exempt under Rules 16a-9 and 16b-3.
- F5. Securities held directly by Reporting Person's spouse and indirectly by Reporting Person.
- F6. Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, the beneficial owner of such securities.
- F7. Represents Class A Common Stock received by Reporting Person's spouse in connection with the Distribution pursuant to vested MSGK restricted stock units ("RSUs"), in a transaction exempt under Rules 16a-9 and 16b-3. The shares of Class A Common Stock were granted pursuant to the MSGR 2026 Stock Plan for Non-Employee Directors. Reporting Person's spouse received one share of Class A Common Stock in respect of every two vested MSGK RSUs.
- F8. Class B Common Stock is convertible at the option of the holder on a share for share basis into Class A Common Stock.
Key Figures
Class A shares acquired by MSG Knickerbockers Corp. and subsidiaries: 9,794,568 shares
Class B shares acquired by MSG Knickerbockers Corp. and subsidiaries: 2,264,754 shares
Class A shares disposed of by MSG Knickerbockers Corp. and subsidiaries: 9,794,568 shares
+5 more
8 metrics
Class A shares acquired by MSG Knickerbockers Corp. and subsidiaries
9,794,568 shares
October 20, 2026
Class B shares acquired by MSG Knickerbockers Corp. and subsidiaries
2,264,754 shares
October 20, 2026
Class A shares disposed of by MSG Knickerbockers Corp. and subsidiaries
9,794,568 shares
October 26, 2026
Class B shares disposed of by MSG Knickerbockers Corp. and subsidiaries
2,264,754 shares
October 26, 2026
Class A shares received directly by Deborah A. Dolan-Sweeney
3,436 shares
October 26, 2026; 3,436 shares reported following the transaction
Class A shares received by spouse
7,591 shares
October 26, 2026
Class A shares received by spouse pursuant to vested MSGK RSUs
3,754 shares
October 26, 2026
Class A shares received by spouse as trustee for minor children
1,123 shares
October 26, 2026
Key Terms
spin-off, recapitalized, convertible, vested MSGK restricted stock units, +1 more
5 terms
spin-off financial
"Relates to the spin-off of MSG Rangers Corp."
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
recapitalized financial
"was recapitalized into MSGR's Class A Common Stock"
convertible technical
"Class B Common Stock is convertible at the option of the holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
vested MSGK restricted stock units financial
"pursuant to vested MSGK restricted stock units"
Rule 16a-9 regulatory
"in a transaction exempt under Rule 16a-9"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MSGK distribute in the MSGR spin-off?
On October 26, 2026, MSG Knickerbockers Corp. distributed one share of each MSGR class for every two shares of the corresponding MSGK class to its stockholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
