Madison Square Garden Sports (MSGS) director reports 727 fully vested RSUs
Rhea-AI Filing Summary
Madison Square Garden Sports Corp. director reports new restricted stock units grant. A company director filed a Form 4 showing an award of 727 restricted stock units (RSUs) of Class A Common Stock on 12/08/2025 under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors. Each RSU represents the right to receive one share or its cash equivalent, with no exercise price.
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 transaction, the director beneficially owns 7,501 derivative securities on a direct basis.
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FAQ
What insider transaction did Madison Square Garden Sports Corp. (MSGS) report?
A director reported receiving 727 restricted stock units (RSUs) of Madison Square Garden Sports Corp. Class A Common Stock on 12/08/2025 under the company’s non-employee director stock plan.
What does each RSU represent for MSGS?
Each RSU represents a right to receive one share of Class A Common Stock or the cash equivalent under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors.
When do the new MSGS RSUs vest and settle?
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 separation from service of the director.
How many MSGS derivative securities does the director own after this transaction?
After the reported RSU grant, the director beneficially owns 7,501 derivative securities of Madison Square Garden Sports Corp., held in direct form.
Under which plan were the MSGS RSUs granted?
The RSUs were granted under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors, as amended.
Is there an exercise price for the MSGS restricted stock units?
No. The filing shows the RSUs with a price of $0, meaning the director does not pay to receive the underlying shares or cash upon settlement.