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

Role: SVP, Head of Legal
Signature: /s/ Mark C. Cresitello, Attorney-in-Fact for Bryan Warner
Stock symbol: MSGS
Transactions as of: Sep 15, 2025
Transactions value $: -$24,681
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
Warner Bryan	SVP, Head of Legal	2 PENNSYLVANIA PLAZA, NEW YORK	/s/ Mark C. Cresitello, Attorney-in-Fact for Bryan Warner	2025-09-17	0002041498

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSGS	Class A Common Stock	Options Exercise		+291			291	Sep 15, 2025	Direct	F1
transaction	MSGS	Class A Common Stock	Tax liability	-$24.7K	-117	-40.21%	$210.95	174	Sep 15, 2025	Direct	F2

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	-291	-33.3%	$0.00	583	Sep 15, 2025	Class A Common Stock	291		Direct	F1

* 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 23, 2025 under the Madison Square Garden Sports Corp. ("MSGS") 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.
F2	Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.

Content

Each restricted stock unit ("RSU") was granted on April 23, 2025 under the Madison Square Garden Sports Corp. ("MSGS") 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.

Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.