[Form 4] Madison Square Garden Sports Corp. Insider Trading Activity

Rhea-AI Filing Summary

Madison Square Garden Sports Corp. (MSGS) insider Bryan Warner received a grant of 1,252 restricted stock units (RSUs) on 08/21/2025. Each RSU represents a right to one share of Class A Common Stock or a cash equivalent. The RSUs vest and settle in three equal installments on 09/15/2026, 09/15/2027 and 09/15/2028. Following the grant, Warner beneficially owns 1,252 shares (direct ownership). The Form 4 was signed by an attorney-in-fact on 08/25/2025. The filing discloses no sale, exercise price, or derivative transactions—this is a standard equity award report.

Insights

Corporate Compensation Analyst

TL;DR: A routine equity grant of 1,252 RSUs to an officer, vesting over three years, aligns compensation with future service.

This Form 4 reports a non-derivative grant of 1,252 restricted stock units to Bryan Warner on 08/21/2025 under the company's 2015 Employee Stock Plan. Vesting is scheduled in three equal installments on 09/15/2026, 09/15/2027 and 09/15/2028. The RSUs convert to one share of Class A Common Stock or cash at settlement. The disclosure is consistent with standard long-term incentive awards for officers and contains no sales, exercises, or option activity.

Securities Compliance Specialist

TL;DR: Filing appears complete for a grant reporting: transaction, amount, vesting schedule and ownership are disclosed.

The Form 4 includes required elements: reporting person identity and relationship (SVP, Head of Legal), transaction date (08/21/2025), number of RSUs granted (1,252), and post-transaction beneficial ownership (1,252 direct). The explanation clarifies plan source and settlement mechanics. The form is signed by an attorney-in-fact on 08/25/2025. No amendments or additional transactions are indicated.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Warner Bryan

(Last) (First) (Middle)

2 PENNSYLVANIA 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Head of Legal

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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)	08/21/2025		A		1,252		(2)	09/15/2028	Class A Common Stock	1,252	$0.0	1,252	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") is granted under the Madison Square Garden Sports Corp. 2015 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, 2026, September 15, 2027 and September 15, 2028.

	/s/ Mark C. Cresitello, Attorney-in-Fact for Bryan Warner	08/25/2025
	** 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 RSU grant did Bryan Warner report on Form 4 for MSGS?

The Form 4 reports a grant of 1,252 restricted stock units (RSUs) to Bryan Warner on 08/21/2025.

When do the RSUs awarded to Bryan Warner vest?

The RSUs vest and settle in three equal installments on 09/15/2026, 09/15/2027 and 09/15/2028.

How many shares does Bryan Warner beneficially own after the reported transaction?

Following the grant, Bryan Warner beneficially owns 1,252 shares of Class A Common Stock (reported as direct ownership).

Under which plan were the RSUs granted?

The RSUs were granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and each RSU represents a right to one share or cash equivalent.

Who signed the Form 4 filing for Bryan Warner?

The Form 4 was signed by Mark C. Cresitello, Attorney-in-Fact for Bryan Warner on 08/25/2025.