Madison Square Garden Sports (MSGS) director granted 727 fully vested RSUs

Rhea-AI Filing Summary

Madison Square Garden Sports Corp. director Joseph M. Cohen reported a routine equity grant in the form of restricted stock units. On 12/08/2025, he received 727 restricted stock units (RSUs) of Class A Common Stock at a price of $0 per unit under the company’s 2015 Stock Plan for Non-Employee Directors.

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 Mr. Cohen separates from service as a director. Following this transaction, he beneficially owns 5,347 derivative securities related to the company’s Class A Common Stock, held in direct form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cohen Joseph

(Last) (First) (Middle)

TWO PENN PLAZA

(Street)

NEW YORK NY 10121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Madison Square Garden Sports Corp. [ MSGS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/08/2025		A		727		(2)	(2)	Class A Common Stock	727	$0	5,347	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is granted under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors, as amended and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.

2. The RSUs are fully vested on the date of the grant and will be settled in stock or in cash on the first business day 90 days after separation from service.

	/s/ Mark C. Cresitello, Attorney-in-Fact for Joseph M. Cohen	12/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Madison Square Garden Sports Corp. (MSGS) disclose in this Form 4?

The filing reports that director Joseph M. Cohen received a grant of 727 restricted stock units (RSUs) of Madison Square Garden Sports Corp. Class A Common Stock on 12/08/2025 under the company’s 2015 Stock Plan for Non-Employee Directors.

How many MSGS restricted stock units were granted to Joseph M. Cohen?

Joseph M. Cohen was granted 727 restricted stock units (RSUs) of Madison Square Garden Sports Corp. Class A Common Stock, as reported in the derivative securities table.

Are the MSGS restricted stock units granted to the director vested immediately?

Yes. The filing states that the RSUs are fully vested on the date of the grant, meaning Mr. Cohen’s rights to these units are not subject to further vesting conditions.

When will Joseph M. Cohen’s MSGS RSUs be settled into stock or cash?

The RSUs will be settled in stock or in cash on the first business day 90 days after separation from service as a director, according to the explanation of responses.

How many MSGS derivative securities does the director own after this transaction?

After the reported RSU grant, Joseph M. Cohen beneficially owns 5,347 derivative securities related to Madison Square Garden Sports Corp. Class A Common Stock, held as direct ownership.

Under what plan were Joseph M. Cohen’s MSGS RSUs granted?

The RSUs were granted under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors, as amended, which provides equity awards to outside directors.