STOCK TITAN

MSGS SVP Ripp granted 375 restricted stock units

Madison Square Garden Sports Corp. (MSGS) reported equity compensation awards to executive Christopher Ripp, its SVP, Controller and PAO.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Madison Square Garden Sports Corp. (MSGS) reported equity compensation awards to executive Christopher Ripp, its SVP, Controller and PAO. On August 26, 2026 he acquired 375 Restricted Stock Units and 149 Performance Restricted Stock Units, each representing one share of Class A Common Stock or the cash equivalent, with vesting between September 15, 2026 and September 15, 2029.

Positive

  • None.

Negative

  • None.
Insider Ripp Christopher
Role SVP, Controller and PAO
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 375 $0.00 $0.00
Grant/Award Performance Restricted Stock Units F3 149 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 375 contracts (Direct); Performance Restricted Stock Units — 149 contracts (Direct)
Footnotes (3)
  1. F1. Each restricted stock unit ("RSU") is granted under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
  2. F2. The RSUs are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028 and September 15, 2029.
  3. F3. Each performance restricted stock unit ("PSU") was granted on August 28, 2023 under the Employee Stock Plan and represents a right to receive one share of MSGS Class A Common Stock or the cash equivalent thereof. The performance condiditons were satisfied on August 26, 2026. The PSUs are scheduled to vest and settle on September 15, 2026.
Restricted Stock Units granted 375 shares Granted on August 26, 2026 to Christopher Ripp, vesting 2027-2029
Performance Restricted Stock Units 149 shares Performance conditions satisfied August 26, 2026; vesting September 15, 2026
RSU vesting installments 3 installments Scheduled on September 15, 2027, 2028 and 2029
RSU exercise/settlement price $0.00 per unit Reported transaction price per RSU and performance RSU
RSU expiration date September 15, 2029 Expiration date for the 375 RSUs
Performance RSU expiration date September 15, 2026 Expiration date for the 149 performance RSUs
Restricted Stock Units financial
"Each restricted stock unit ("RSU") is granted under the Madison Square"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Restricted Stock Units financial
"Each performance restricted stock unit ("PSU") was granted on August 28, 2023"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Employee Stock Plan financial
"granted under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan"

FAQ

What equity awards were granted to Christopher Ripp in MSGS Form 4?

The filing reports grants of 375 Restricted Stock Units and 149 Performance Restricted Stock Units, each tied to one share of Madison Square Garden Sports Corp. Class A Common Stock or its cash equivalent, as compensation awards on August 26, 2026.

What do the MSGS Restricted Stock Units granted to Christopher Ripp represent?

Each RSU granted to Christopher Ripp represents a right to receive one share of Madison Square Garden Sports Corp. Class A Common Stock or the cash equivalent, granted under the company’s 2015 Employee Stock Plan.

When do Christopher Ripp’s 375 MSGS RSUs vest?

The 375 RSUs are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028, and September 15, 2029, subject to the terms of the 2015 Employee Stock Plan.

What are the details of the 149 MSGS Performance Restricted Stock Units?

The 149 Performance RSUs were originally granted on August 28, 2023. Each represents one share of MSGS Class A Common Stock or cash equivalent. The filing states performance conditions were satisfied on August 26, 2026, and they are scheduled to vest on September 15, 2026.

Did Christopher Ripp buy or sell MSGS shares on the market in this Form 4?

No market purchases or sales are reported. The Form 4 shows award-based acquisitions of RSUs and performance RSUs with a reported price of $0.00 per unit, reflecting compensation grants rather than open-market trades.

Under which plan were the MSGS RSU and PSU awards to Christopher Ripp granted?

Both the RSUs and performance RSUs were granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan, which governs the terms, settlement in shares or cash, and vesting schedules of these equity awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Ripp Christopher

(Last)(First)(Middle)
2 PENN PLAZA

(Street)
NEW YORK NEW YORK 10121

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Controller and PAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)08/26/2026A375 (2)09/15/2029Class A Common Stock375$0.0375D
Performance Restricted Stock Units(3)08/26/2026A149 (3)09/15/2026Class A Common Stock149$0.0149D
Explanation of Responses:
1. Each restricted stock unit ("RSU") is granted under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
2. The RSUs are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028 and September 15, 2029.
3. Each performance restricted stock unit ("PSU") was granted on August 28, 2023 under the Employee Stock Plan and represents a right to receive one share of MSGS Class A Common Stock or the cash equivalent thereof. The performance condiditons were satisfied on August 26, 2026. The PSUs are scheduled to vest and settle on September 15, 2026.
/s/ Mark C. Cresitello, Attorney-in-Fact for Christopher Ripp08/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)