Madison Square Garden Sports (MSGS) director receives 370 RSUs as fees

Rhea-AI Filing Summary

TESE VINCENT reported acquisition or exercise transactions in this Form 4 filing.

Madison Square Garden Sports Corp. director Vincent Tese received a grant of 370 restricted stock units as part of his board compensation. These RSUs were granted in lieu of cash director fees under the company’s 2015 Stock Plan for Non-Employee Directors and are fully vested on the grant date. Each unit represents the right to receive one share of Class A common stock or the cash equivalent. Following this award, Tese holds 7,871 restricted stock units, which will be settled in stock or cash on the first business day 90 days after his separation from service.

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^*

TESE VINCENT

(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)
02/17/2026

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)	02/17/2026		A		370		(2)	(2)	Class A Common Stock	370	$0.0	7,871	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is granted in lieu of cash compensation otherwise payable as director fees 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 a separation from service.

	/s/ Mark C. Cresitello, Attorney-in-Fact for Vincent Tese	02/19/2026
	** 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 MSGS director Vincent Tese report on this Form 4?

Vincent Tese reported receiving a grant of 370 restricted stock units as director compensation. The award comes under Madison Square Garden Sports Corp.’s 2015 Stock Plan for Non-Employee Directors and is issued in lieu of cash fees for his board service.

How are Vincent Tese’s MSGS restricted stock units structured and settled?

Each restricted stock unit represents a right to receive one share of Class A common stock or the cash equivalent. The units are fully vested at grant and will be settled in stock or cash 90 days after Tese’s separation from service.

Are the MSGS restricted stock units granted to Vincent Tese immediately vested?

Yes, the restricted stock units granted to Vincent Tese are fully vested on the date of grant. Although vested immediately, they will not be settled until the first business day 90 days after he separates from service as a director.

How many Madison Square Garden Sports RSUs does Vincent Tese hold after this award?

After this grant, Vincent Tese beneficially holds 7,871 restricted stock units in Madison Square Garden Sports Corp. This total reflects his existing units plus the new 370-unit award received as non-cash compensation for director services.

Why did MSGS grant restricted stock units instead of cash to Vincent Tese?

The company granted restricted stock units in lieu of cash compensation otherwise payable as director fees. This approach follows the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors, which allows directors to receive equity-based compensation instead of cash.