Michael Grau - 13 Sep 2024 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Sep 2024, 17:00:16 UTC
Prior SEC filing
29 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Michael Grau

Key filing fact

Michael Grau filed Form 4 for Madison Square Garden Entertainment Corp. (MSGE) on 17 Sep 2024.

Key facts

  • This page summarizes Michael Grau's Form 4 filing for Madison Square Garden Entertainment Corp. (MSGE).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Sep 2024, 17:00.

Change

  • Previous filing in this sequence was filed on 29 Aug 2024.
  • Current net transaction value: -$75,423.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MSGE transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,780
Change %
Price
$0.000000
Shares after
1,780
Date
13 Sep 2024
Ownership
Direct
Footnotes
F1
MSGE transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+3,417
Change %
+192%
Price
$0.000000
Shares after
5,197
Date
13 Sep 2024
Ownership
Direct
Footnotes
F1
MSGE transaction

Class A Common Stock

Tax liability

Transaction value
$75,423
Shares
-1,872
Change %
-36%
Price
$40.29
Shares after
3,325
Date
13 Sep 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MSGE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,780
Change %
-33%
Price
$0.000000
Shares after
3,560
Date
13 Sep 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,780
Exercise price
Footnotes
F1
MSGE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,417
Change %
-33%
Price
$0.000000
Shares after
6,835
Date
13 Sep 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,417
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock unit ("RSU") was granted on April 24, 2024 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 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 are scheduled to vest and settle on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026.

Footnote F2

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

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