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

Reporting relationship: Director
Issuer ticker: MSGE
Reported as of: 15 Sep 2025
Net transaction value: -$10,326
SEC form: 4
Accepted by SEC: 17 Sep 2025, 16:15:12 UTC
Prior SEC filing: 14 Mar 2025
Next SEC filing: 21 Oct 2025
Source filing: View source filing
Reporting owner signature: /s/ Mark C. Cresitello, Attorney-in-Fact for Ryan Dolan

Key filing fact

Ryan Thomas Dolan filed Form 4 for Madison Square Garden Entertainment Corp. (MSGE) on 17 Sep 2025.

Key facts

This page summarizes Ryan Thomas Dolan's Form 4 filing for Madison Square Garden Entertainment Corp. (MSGE).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Sep 2025, 16:15.

Change

Previous filing in this sequence was filed on 14 Mar 2025.
Current net transaction value: -$10,326.

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

Reporting Owners (1)

CIK 0001794486 Primary reporting owner

Dolan Ryan Thomas

Relationship: Director
Address: 2 PENNSYLVANIA PLAZA, NEW YORK
Signature: /s/ Mark C. Cresitello, Attorney-in-Fact for Ryan Dolan
Signature date: 17 Sep 2025

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: +165
Change %: +7.7%
Price: $0.000000
Shares after: 2,309
Date: 15 Sep 2025
Ownership: Direct
Footnotes: F1

MSGE transaction

Class A Common Stock

Tax liability

Transaction value: $2,592
Shares: -59
Change %: -2.6%
Price: $43.94
Shares after: 2,250
Date: 15 Sep 2025
Ownership: Direct
Footnotes: F3

MSGE transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +494
Change %: +22%
Price: $0.000000
Shares after: 2,744
Date: 15 Sep 2025
Ownership: Direct
Footnotes: F2

MSGE transaction

Class A Common Stock

Tax liability

Transaction value: $7,733
Shares: -176
Change %: -6.4%
Price: $43.94
Shares after: 2,568
Date: 15 Sep 2025
Ownership: Direct
Footnotes: F4

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: -165
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 165
Exercise price
Footnotes: F1

MSGE transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -494
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 15 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 494
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 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.

Footnote 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.

Footnote 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.

Footnote 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.