Jamaal Lesane - Sep 15, 2025 Form 4 Insider Report for Madison Square Garden Sports Corp. (MSGS)

Role
Chief Operating Officer
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Jamaal Lesane
Stock symbol
MSGS
Transactions as of
Sep 15, 2025
Transactions value $
-$649,937
Form type
4
Date filed
9/17/2025, 04:15 PM
Previous filing
Aug 25, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lesane Jamaal T Chief Operating Officer TWO PENN PLAZA, NEW YORK /s/ Mark C. Cresitello, Attorney-in-Fact for Jamaal Lesane 2025-09-17 0001918764

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSGS Class A Common Stock Options Exercise $0 +830 +21.57% $0.00 4.68K Sep 15, 2025 Direct F1
transaction MSGS Class A Common Stock Options Exercise $0 +842 +18% $0.00 5.52K Sep 15, 2025 Direct F2
transaction MSGS Class A Common Stock Options Exercise $0 +1.25K +22.61% $0.00 6.77K Sep 15, 2025 Direct F3
transaction MSGS Class A Common Stock Tax liability -$340K -1.61K -23.83% $210.95 5.16K Sep 15, 2025 Direct F4
transaction MSGS Class A Common Stock Options Exercise $0 +2.66K +51.5% $0.00 7.81K Sep 15, 2025 Direct F5
transaction MSGS Class A Common Stock Tax liability -$310K -1.47K -18.8% $210.95 6.34K Sep 15, 2025 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSGS Restricted Stock Units Options Exercise $0 -830 -100% $0.00 0 Sep 15, 2025 Class A Common Stock 830 Direct F1
transaction MSGS Restricted Stock Units Options Exercise $0 -842 -49.97% $0.00 843 Sep 15, 2025 Class A Common Stock 842 Direct F2
transaction MSGS Restricted Stock Units Options Exercise $0 -1.25K -33.33% $0.00 2.5K Sep 15, 2025 Class A Common Stock 1.25K Direct F3
transaction MSGS Performance Restricted Stock Units Options Exercise $0 -2.66K -100% $0.00 0 Sep 15, 2025 Class A Common Stock 2.66K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") was granted on August 29, 2022 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 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs vested and were settled on September 15, 2025.
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 are scheduled to vest and settle on September 15, 2026.
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 are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
F4 Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2 and 3, exempt under Rule 16b-3.
F5 Each performance restriced stock unit ("PSU") was granted on August 29, 2022 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 21, 2025 and the PSUs vested and were settled on September 15, 2025.
F6 Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 5 above, exempt under Rule 16b-3.