Key facts
- This page summarizes Andrew Lustgarten's Form 4 filing for Madison Square Garden Sports Corp. (MSGS).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 02 Dec 2024, 16:15.
Andrew Lustgarten - 27 Nov 2024 Form 4 Insider Report for Madison Square Garden Sports Corp. (MSGS)
- Reporting relationship
- Director
- Issuer ticker
- MSGS
- Reported as of
- 27 Nov 2024
- Net transaction value
- -$1,708,015
- SEC form
- 4
- Accepted by SEC
- 02 Dec 2024, 16:15:07 UTC
- Prior SEC filing
- 03 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark C. Cresitello, Attorney-in-Fact for Andrew Lustgarten
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Andrew Lustgarten filed Form 4 for Madison Square Garden Sports Corp. (MSGS) on 02 Dec 2024.
Change
- Previous filing in this sequence was filed on 03 Sep 2024.
- Current net transaction value: -$1,708,015.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MSGS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +11,296
- Change %
- +34%
- Price
- $0.000000
- Shares after
- 44,191
- Date
- 27 Nov 2024
- Ownership
- Direct
- Footnotes
- F1
MSGS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,188
- Change %
- +5%
- Price
- $0.000000
- Shares after
- 46,379
- Date
- 27 Nov 2024
- Ownership
- Direct
- Footnotes
- F2
MSGS
transaction
Class A Common Stock
Tax liability
- Transaction value
- $1,708,015
- Shares
- -7,455
- Change %
- -16%
- Price
- $229.11
- Shares after
- 38,924
- Date
- 27 Nov 2024
- Ownership
- Direct
- Footnotes
- F3
MSGS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,000
- Date
- 27 Nov 2024
- Ownership
- By LLC
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MSGS
transaction
Derivative
Performance Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -11,296
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 27 Nov 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,296
- Exercise price
- Footnotes
- F1
MSGS
transaction
Derivative
Performance Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -2,188
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 27 Nov 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,188
- Exercise price
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each performance restricted stock unit ("PSU") was granted on August 19, 2021 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Emplyee 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 and the PSUs vested on August 29, 2024. The PSUs settled on November 27, 2024.
Footnote F2
Each PSU was granted on April 25, 2022 under the MSG 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 and the PSUs vested on August 29, 2024. The PSUs settled on November 27, 2024.
Footnote F3
Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnotes 1 and 2 above, exempt under Rule 16b-3.
Footnote F4
The reporting person has direct pecuniaiy interest in 1,938 shares. The reporting person disclaims beneficial ownership of 4,062 shares of which he does not have a pecuniaiy interest.