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Madison Square Garden Sports Corp. (MSGS) director receives 727 RSUs grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Madison Square Garden Sports Corp. reported an equity award to a director in the form of restricted stock units (RSUs). On 12/08/2025, the reporting person received 727 RSUs under the company’s 2015 Stock Plan for Non-Employee Directors. Each RSU represents a right to receive one share of Class A Common Stock or the cash equivalent. 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 the director’s separation from service. Following this grant, the reporting person beneficially owned 7,501 derivative securities on a direct basis.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
DOLAN THOMAS CHARLES

(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) X Other (specify below)
Member of 13(d) Group
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 7,501 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/ Thomas C. Dolan 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Madison Square Garden Sports Corp. (MSGS) report?

Madison Square Garden Sports Corp. reported that a director received 727 restricted stock units (RSUs) on 12/08/2025 under the company’s 2015 Stock Plan for Non-Employee Directors.

What does each RSU represent for MSGS insiders in this filing?

Each RSU represents a right to receive one share of Madison Square Garden Sports Corp. Class A Common Stock or the cash equivalent.

When do the reported MSGS RSUs vest and settle?

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

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

After the transaction, the reporting person beneficially owned 7,501 derivative securities on a direct basis.

What is the relationship of the reporting person to Madison Square Garden Sports Corp. (MSGS)?

The reporting person is identified as a director of Madison Square Garden Sports Corp. and is also marked under the “Other” relationship category.

Under which plan were the MSGS restricted stock units granted?

The RSUs were granted under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors, as amended.

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