Madison Square Garden Sports (MSGS) SVP granted 192 RSUs as equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ripp Christopher reported acquisition or exercise transactions in this Form 4 filing.

Madison Square Garden Sports Corp. reported that SVP, Controller and Principal Accounting Officer Christopher Ripp received a grant of 192 Restricted Stock Units (RSUs) tied to Class A Common Stock. Each RSU represents the right to receive one share or the cash equivalent under the company’s 2015 Employee Stock Plan.

The RSUs vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028. Following this award, Ripp is reported as directly holding 192 RSUs, reflecting routine equity-based executive compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ripp Christopher

Role SVP, Controller and PAO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	192	$0.00	--

Holdings After Transaction: Restricted Stock Units — 192 shares (Direct, null)

Footnotes (1)

Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028.

Key Figures

RSUs granted: 192 units Shares per RSU: 1 share or cash equivalent Post-grant RSU holdings: 192 units +1 more

4 metrics

RSUs granted 192 units Restricted Stock Units tied to Class A Common Stock

Shares per RSU 1 share or cash equivalent Right to receive one share of Class A Common Stock or cash

Post-grant RSU holdings 192 units Total RSUs directly held after the reported grant

Vesting dates Sept 15, 2026; Sept 15, 2027; Sept 15, 2028 Three equal vesting and settlement installments

Key Terms

Restricted Stock Units, 2015 Employee Stock Plan, Class A Common Stock, vest and settle

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" and footnote describing each RSU"

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.

2015 Employee Stock Plan financial

"Each RSU is granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan, as amended"

Class A Common Stock financial

"represents a right to receive one share of Class A Common Stock or the cash equivalent thereof"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vest and settle financial

"The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028"

Form 4 Insider Transactions: What Each Field Means →

04/20/2026 - 04:15 PM

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
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

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Controller and PAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/16/2026		A		192		⁽²⁾	⁽²⁾	Class A Common Stock	192	$0.0	192	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.

2. The RSUs will 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 Christopher Ripp	04/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MSGS executive Christopher Ripp report on this Form 4?

Christopher Ripp reported receiving a grant of 192 Restricted Stock Units. These RSUs are a form of equity compensation tied to Madison Square Garden Sports Corp. Class A Common Stock, rather than an open-market purchase or sale of existing shares.

How many Madison Square Garden Sports (MSGS) RSUs were granted to Christopher Ripp?

The filing shows a grant of 192 Restricted Stock Units to Christopher Ripp. Each RSU represents the right to receive one share of Class A Common Stock or an equivalent cash payment under the company’s 2015 Employee Stock Plan.

When do Christopher Ripp’s newly granted MSGS RSUs vest and settle?

The RSUs vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028. This multi-year schedule is designed to tie compensation to continued service and long-term company performance over that period.

Is Christopher Ripp’s Form 4 transaction in MSGS stock a market buy or sell?

The transaction is a grant of Restricted Stock Units, not a market trade. It reflects equity compensation awarded by Madison Square Garden Sports Corp., with no open-market buying or selling of Class A Common Stock reported in this Form 4 filing.

How many MSGS RSUs does Christopher Ripp hold after this reported grant?

After the reported grant, Christopher Ripp is shown as directly holding 192 Restricted Stock Units. This total reflects the new award reported in the Form 4 and indicates his current RSU position as disclosed in this specific insider transaction filing.