Madison Square Garden Sports Corp: Officer Ripp Discloses Initial MSGS Holdings
Rhea-AI Filing Summary
Madison Square Garden Sports Corp. (MSGS) reported an initial ownership filing for executive Christopher Ripp, who became an officer effective November 24, 2025 with the title SVP, Controller and PAO. Ripp reports beneficial ownership of 79.324 shares of Class A Common Stock held directly. He also holds restricted stock units (RSUs) granted under the MSGS 2015 Employee Stock Plan, covering Class A Common Stock at a $0 exercise price, with tranches of 51, 100, and 226 underlying shares scheduled to vest and settle on various dates through September 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ripp Christopher
Role
SVP, Controller and PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 377 shares (Direct);
Class A Common Stock — 79.324 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") was granted on August 28, 2023 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026.
- F2. Each RSU was granted on August 29, 2024 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
- F3. Each RSU was granted on August 21, 2025 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs are scheduled to vest and settle on September 15, 2026. One-third of the RSUs are scheduled to vest and settle on September 15, 2027. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2028.
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FAQ
What did Christopher Ripp report in his MSGS Form 3 filing?
Christopher Ripp reported beneficial ownership of 79.324 shares of Madison Square Garden Sports Corp. Class A Common Stock held directly and multiple restricted stock unit (RSU) awards tied to Class A shares.
What is Christopher Ripp’s role at Madison Square Garden Sports Corp. (MSGS)?
Christopher Ripp became an officer of Madison Square Garden Sports Corp. effective November 24, 2025, serving as SVP, Controller and PAO.
What RSU awards tied to MSGS stock does Christopher Ripp hold?
Ripp holds restricted stock units granted under the 2015 Employee Stock Plan, with RSUs convertible into 51, 100, and 226 shares of Class A Common Stock at a $0 exercise price and various vesting dates.
When do Christopher Ripp’s MSGS RSUs vest and settle?
The RSUs vest and settle in tranches on September 15, 2026, September 15, 2027, and September 15, 2028, as described for the different grant dates.
Under which plan were Christopher Ripp’s MSGS RSUs granted?
All reported RSUs were granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and each represents a right to receive one share of Class A Common Stock or the cash equivalent.
What is the purpose of this MSGS Form 3 filing for Christopher Ripp?
This Form 3 is an initial statement of beneficial ownership for officer Christopher Ripp, disclosing his MSGS Class A share holdings and RSU awards as of becoming an officer.