James L. Dolan - 25 Aug 2025 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Role: Executive Chairman & CEO, Director, Member of 13(d) Group
Signature: /s/ James L. Dolan
Issuer symbol: MSGE
Transactions as of: 25 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 27 Aug 2025, 16:15:04 UTC
Previous filing: 25 Aug 2025
Next filing: 10 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
DOLAN JAMES LAWRENCE	Executive Chairman & CEO, Director, Member of 13(d) Group	2 PENNSYLVANIA PLAZA, NEW YORK	/s/ James L. Dolan	27 Aug 2025	0000933028

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	Award	$0	+113,218		$0.000000	113,218	25 Aug 2025	Class A Common Stock	113,218		Direct	F1, F2
transaction	MSGE	Performance Restricted Stock Units	Award	$0	+100,429		$0.000000	100,429	25 Aug 2025	Class A Common Stock	100,429		Direct	F3

* 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") is granted under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Employee Stock Plan ("the 2023 Employee Stock Plan) and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F2	The RSUs are scheduled to vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028.
F3	Each performance restricted stock unit ("PSU") was granted on April 20, 2023 under the 2023 Employee Stock Plan in respect of a PSU granted by Sphere 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. The performance conditions were satisfied on August 25, 2025. The PSUs are scheduled to vest and settle on September 15, 2025.