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MSG Sports EVP nets 15,942 shares in award vesting

Executive Vice President David Granville-Smith settled multiple MSGS equity awards, receiving shares and having a portion withheld for taxes on September 15, 2026.

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

Rhea-AI Filing Summary

Madison Square Garden Sports Corp. (MSGS) reported that Executive Vice President David Granville-Smith had several equity awards settle on September 15, 2026. He received a total of 15,942 shares of Class A Common Stock upon the vesting and settlement of restricted stock units and performance restricted stock units granted under the company’s 2015 Employee Stock Plan. On the same date, 8,737 shares of Class A Common Stock were withheld to satisfy tax withholding obligations related to these vestings. No Rule 10b5-1 trading plan is reported for these transactions.

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Insider Granville-Smith David
Role Executive Vice President
Type Security Shares Price Value
Exercise Restricted Stock Units F1 6,503 $0.00 $0.00
Exercise Restricted Stock Units F2 1,685 $0.00 $0.00
Exercise Restricted Stock Units F3 1,414 $0.00 $0.00
Exercise Restricted Stock Units F4 1,418 $0.00 $0.00
Exercise Performance Restricted Stock Units F6 4,922 $0.00 $0.00
Exercise Class A Common Stock F1 6,503 $0.00 $0.00
Exercise Class A Common Stock F2 1,685 $0.00 $0.00
Exercise Class A Common Stock F3 1,414 $0.00 $0.00
Exercise Class A Common Stock F4 1,418 $0.00 $0.00
Tax Withholding Class A Common Stock F5 6,092 $393.27 $2.40M
Exercise Class A Common Stock F6 4,922 $0.00 $0.00
Tax Withholding Class A Common Stock F7 2,645 $393.27 $1.04M
Holdings After Transaction: Restricted Stock Units — 4,253 contracts (Direct); Performance Restricted Stock Units — 0 contracts (Direct); Class A Common Stock — 15,368 shares (Direct)
Footnotes (7)
  1. F1. Each restricted stock unit ("RSU") was granted on June 15, 2023 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.
  2. F2. Each RSU was granted on August 28, 2023 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.
  3. F3. Each RSU was granted on August 29, 2024 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs vested and were settled on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
  4. F4. Each RSU was granted on August 21, 2025 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2026. One-third of the RSUs are scheduled to vest and settle on September 15, 2027. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2028.
  5. F5. Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2, 3 and 4, exempt under Rule 16b-3.
  6. F6. Each performance restriced stock unit ("PSU") was granted on August 28, 2023 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 26, 2026 and the PSUs vested and were settled on September 15, 2026.
  7. F7. Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 6, exempt under Rule 16b-3.
Shares received from RSU and PSU settlement 15,942 shares Total Class A Common Stock received on September 15, 2026 from vesting and settlement of restricted and performance restricted stock units
Shares withheld for tax obligations (RSUs and PSUs) 8,737 shares Class A Common Stock withheld to satisfy tax withholding obligations related to vestings on September 15, 2026
RSUs granted June 15, 2023 that vested on September 15, 2026 6,503 units Restricted stock units granted June 15, 2023; final one-third vested and settled on September 15, 2026
RSUs granted August 28, 2023 that vested on September 15, 2026 1,685 units Restricted stock units granted August 28, 2023; final one-third vested and settled on September 15, 2026
RSUs granted August 29, 2024 vesting schedule 1,414 units per vesting tranche One-third vested September 15, 2025, one-third September 15, 2026, remaining one-third scheduled September 15, 2027
RSUs granted August 21, 2025 vesting schedule 1,418 units per vesting tranche One-third vested September 15, 2026; remaining thirds scheduled for September 15, 2027 and September 15, 2028
PSUs vested and settled 4,922 units Performance restricted stock units that vested after conditions were satisfied August 26, 2026 and were settled September 15, 2026
Per-share value used for tax withholding $393.27 per share Price applied to Class A Common Stock withheld to satisfy tax withholding obligations on September 15, 2026
Restricted Stock Units financial
"Each restricted stock unit ("RSU") was granted on June 15, 2023 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan"
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 unit financial
"Each performance restriced stock unit ("PSU") was granted on August 28, 2023 under the 2015 Employee Stock Plan"
2015 Employee Stock Plan financial
"Each RSU was granted on August 29, 2024 under the 2015 Employee Stock Plan and represents a right to receive one share"
Rule 16b-3 regulatory
"Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2, 3 and 4, exempt under Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did MSGS Executive Vice President David Granville-Smith report?
He reported the vesting and settlement of restricted stock units and performance restricted stock units into 15,942 shares of MSGS Class A Common Stock on September 15, 2026, along with related tax-withholding share dispositions.

How many MSGS Class A shares did David Granville-Smith receive from RSU vesting?
On September 15, 2026, he received 15,942 shares of MSGS Class A Common Stock in total from the vesting and settlement of restricted stock units and performance restricted stock units granted under the 2015 Employee Stock Plan.

How many MSGS shares were withheld for David Granville-Smith’s tax obligations?
A total of 8,737 shares of MSGS Class A Common Stock were withheld to satisfy tax withholding obligations in connection with the vesting and settlement of his restricted stock units and performance restricted stock units.

Were David Granville-Smith’s MSGS transactions under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for David Granville-Smith’s equity award vesting and related tax-withholding transactions on September 15, 2026.

What types of equity awards did MSGS use in these transactions?
The transactions involved restricted stock units (RSUs) and performance restricted stock units (PSUs), each representing a right to receive one share of MSGS Class A Common Stock or the cash equivalent upon vesting and settlement.

When were the MSGS performance restricted stock units earned and settled?
The performance conditions for the PSUs were satisfied on August 26, 2026, and those PSUs vested and were settled into MSGS Class A Common Stock on September 15, 2026.

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

Form 4 Insider Transactions: What Each Field Means →
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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*
Granville-Smith David
(Last)(First)(Middle)
TWO 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)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026		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
Class A Common Stock09/15/2026M6,503A$0(1)14,666D
Class A Common Stock09/15/2026M1,685A$0(2)16,351D
Class A Common Stock09/15/2026M1,414A$0(3)17,765D
Class A Common Stock09/15/2026M1,418A$0(4)19,183D
Class A Common Stock09/15/2026F(5)6,092D$393.2713,091D
Class A Common Stock09/15/2026M4,922A$0(6)18,013D
Class A Common Stock09/15/2026F(7)2,645D$393.2715,368D
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)09/15/2026M6,503 (1)09/15/2026Class A Common Stock6,503$00D
Restricted Stock Units(2)09/15/2026M1,685 (2)09/15/2026Class A Common Stock1,685$00D
Restricted Stock Units(3)09/15/2026M1,414 (3)09/15/2027Class A Common Stock1,414$01,415D
Restricted Stock Units(4)09/15/2026M1,418 (4)09/15/2028Class A Common Stock1,418$02,838D
Performance Restricted Stock Units(6)09/15/2026M4,922 (6)09/15/2026Class A Common Stock4,922$00D
Explanation of Responses:
1. Each restricted stock unit ("RSU") was granted on June 15, 2023 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.
2. Each RSU was granted on August 28, 2023 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.
3. Each RSU was granted on August 29, 2024 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs vested and were settled on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
4. Each RSU was granted on August 21, 2025 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2026. One-third of the RSUs are scheduled to vest and settle on September 15, 2027. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2028.
5. Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2, 3 and 4, exempt under Rule 16b-3.
6. Each performance restriced stock unit ("PSU") was granted on August 28, 2023 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 26, 2026 and the PSUs vested and were settled on September 15, 2026.
7. Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 6, exempt under Rule 16b-3.
/s/ Mark C. Cresitello, Attorney-in-Fact for David Granville-Smith09/17/2026
** 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)

Source: View Original Filing on SEC EDGAR

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