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.
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.
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Insider Trade Summary
Grant/Award: 524 shares
Grant/Award
2 txns
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)
- 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.
- F2. The RSUs are scheduled to vest and settle in three equal installments on September 15, 2027, September 15, 2028 and September 15, 2029.
- 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.
Key Figures
Restricted Stock Units granted: 375 shares
Performance Restricted Stock Units: 149 shares
RSU vesting installments: 3 installments
+3 more
6 metrics
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
Key Terms
Restricted Stock Units, Performance Restricted Stock Units, Employee Stock Plan
3 terms
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.
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.