Ryan Dolan - Sep 15, 2025 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Role
Director
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Ryan Dolan
Stock symbol
MSGE
Transactions as of
Sep 15, 2025
Transactions value $
-$10,326
Form type
4
Date filed
9/17/2025, 04:15 PM
Previous filing
Mar 14, 2025
Next filing
Oct 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dolan Ryan Thomas Director 2 PENNSYLVANIA PLAZA, NEW YORK /s/ Mark C. Cresitello, Attorney-in-Fact for Ryan Dolan 2025-09-17 0001794486

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSGE Class A Common Stock Options Exercise $0 +165 +7.7% $0.00 2.31K Sep 15, 2025 Direct F1
transaction MSGE Class A Common Stock Tax liability -$2.59K -59 -2.56% $43.94 2.25K Sep 15, 2025 Direct F3
transaction MSGE Class A Common Stock Options Exercise $0 +494 +21.96% $0.00 2.74K Sep 15, 2025 Direct F2
transaction MSGE Class A Common Stock Tax liability -$7.73K -176 -6.41% $43.94 2.57K Sep 15, 2025 Direct F4

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 MSGE Restricted Stock Units Options Exercise $0 -165 -100% $0.00 0 Sep 15, 2025 Class A Common Stock 165 Direct F1
transaction MSGE Performance Restricted Stock Units Options Exercise $0 -494 -100% $0.00 0 Sep 15, 2025 Class A Common Stock 494 Direct F2
* 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 April 20, 2023 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Employee Stock Plan (the "2023 Employee Stock Plan") in respect of an RSU granted by Shere Entertainment Co. ("SPHR") on August 31, 2022, and represents a right to receive one share of MSGE 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 performance restricted stock unit ("PSU") was granted on April 20, 2023 under the 2023 Employee Stock Plan in respect of an PSU granted by SPHR on August 31, 2022, and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on September 1, 2023 and the PSUs vested and were settled on September 15, 2025.
F3 Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
F4 Represents PSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnote 2 above, exempt under Rule 16b-3.