Madison Square Garden Sports (MSGS): Gregory Fenelon discloses 6.17% ownership stake
Rhea-AI Filing Summary
Madison Square Garden Sports Corp. received a Schedule 13G reporting that Gregory Fenelon, through Starlite Capital Inc., beneficially owns 1,205,000 shares of the company’s common stock. This represents 6.17% of the class. Fenelon reports sole voting and sole dispositive power over all 1,205,000 shares.
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Key Figures
Shares beneficially owned: 1,205,000 shares
Percent of class: 6.17%
Sole voting power: 1,205,000 shares
+2 more
5 metrics
Shares beneficially owned
1,205,000 shares
Common stock beneficially owned by Gregory Fenelon
Percent of class
6.17%
Percentage of Madison Square Garden Sports Corp. common stock class
Sole voting power
1,205,000 shares
Shares over which Gregory Fenelon has sole power to vote
Sole dispositive power
1,205,000 shares
Shares over which Gregory Fenelon has sole power to dispose
Reported ownership percentage (cover summary)
6.2%
Ownership percentage shown in summary block for Starlite Capital Inc.
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1,205,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 1,205,000.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 1,205,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Percent of class financial
"Item 4. | Ownership (b) | Percent of class: 6.17 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13G regulatory
""form_type": "SCHEDULE 13G""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is the reporting person on the MSGS Schedule 13G filing?
The reporting person is Gregory Fenelon, associated with Starlite Capital Inc., who filed a Schedule 13G reporting beneficial ownership and control over 1,205,000 Madison Square Garden Sports Corp. common shares.
Why is Gregory Fenelon’s stake in Madison Square Garden Sports Corp. reported on a Schedule 13G?
The stake is reported on a Schedule 13G because Gregory Fenelon beneficially owns more than 5% of MSGS common stock, specifically 6.17%, triggering a beneficial ownership reporting requirement.