Madison Square Garden Sports (MSGS) director awarded 727 RSUs in latest Form 4
Rhea-AI Filing Summary
Madison Square Garden Sports Corp. reported an insider equity award and a small share disposition by a director. On 12/08/2025, the director received 727 restricted stock units (RSUs) under the company’s 2015 Stock Plan for Non-Employee Directors. Each RSU represents the right to receive one share of Class A Common Stock or the cash equivalent and is fully vested on the grant date.
The RSUs will be settled in stock or cash on the first business day 90 days after a separation from service. The filing also shows a disposition of 506 shares of Class A Common Stock and that the director now beneficially owns 9,109 derivative securities, held directly.
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FAQ
What insider transaction did Madison Square Garden Sports (MSGS) disclose?
The company disclosed that a director received 727 restricted stock units (RSUs) on 12/08/2025 and disposed of 506 shares of Class A Common Stock.
How do the new RSUs for MSGS’s director work?
Each RSU was granted under the 2015 Stock Plan for Non-Employee Directors and represents a right to receive one share of Class A Common Stock or its cash equivalent.
When do the MSGS director’s restricted stock units vest and settle?
The 727 RSUs are fully vested on the grant date and will be settled in stock or cash on the first business day 90 days after a separation from service.
What is the director’s remaining derivative holdings in MSGS after this transaction?
Following the reported transactions, the director beneficially owns 9,109 derivative securities related to Madison Square Garden Sports Corp., held directly.
What type of equity plan was used for the MSGS director’s RSU grant?
The RSUs were granted under the Madison Square Garden Sports Corp. 2015 Stock Plan for Non-Employee Directors, as amended.
Is the MSGS director a 10% owner based on this Form 4?
The filing identifies the reporting person’s relationship as a Director, and the 10% Owner box is not marked, indicating they are not reported as a 10% owner here.