Madison Square Garden Ent. (MSGE) grants 27,180 RSUs to chief legal officer

Rhea-AI Filing Summary

Lo Allen M. reported acquisition or exercise transactions in this Form 4 filing.

Madison Square Garden Entertainment Corp. reported that EVP & Chief Legal Officer Allen M. Lo received a grant of 27,180 Restricted Stock Units (RSUs) on Class A Common Stock as equity compensation, rather than through any open‑market purchase or sale.

Each RSU was granted under the company’s 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028, aligning the award with multi‑year executive retention and performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lo Allen M.

Role EVP & Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	27,180	$0.00	--

Holdings After Transaction: Restricted Stock Units — 27,180 shares (Direct)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028.

Key Figures

RSUs granted: 27,180 Restricted Stock Units Price per RSU: $0.00 per unit Underlying shares: 27,180 Class A shares +3 more

6 metrics

RSUs granted 27,180 Restricted Stock Units Grant dated April 14, 2026 to EVP & Chief Legal Officer

Price per RSU $0.00 per unit Equity compensation grant, not an open‑market purchase

Underlying shares 27,180 Class A shares Each RSU represents one share or cash equivalent

Post‑grant RSU holdings 27,180 units Total RSUs held after this acquisition entry

First vesting date September 15, 2026 First of three equal vesting and settlement installments

Final vesting date September 15, 2028 Last scheduled vesting for this RSU award

Key Terms

Restricted Stock Units, 2023 Employee Stock Plan, Class A Common Stock, vest and settle, +1 more

5 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2023 Employee Stock Plan financial

"granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan and represents a right to receive one share"

Class A Common Stock financial

"represents a right to receive one share of Class A Common Stock or the cash equivalent thereof"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vest and settle financial

"The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028."

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lo Allen M.

(Last) (First) (Middle)

2 PENNSYLVANIA PLAZA

(Street)

NEW YORK NEW YORK 10121

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Madison Square Garden Entertainment Corp. [ MSGE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	04/14/2026		A		27,180		(2)	(2)	Class A Common Stock	27,180	$0.0	27,180	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.

2. The RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027 and September 15, 2028.

	/s/ Mark C. Cresitello, Attorney-in-Fact for Allen M. Lo	04/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MSGE report for Allen M. Lo?

Madison Square Garden Entertainment Corp. reported that EVP & Chief Legal Officer Allen M. Lo received a grant of 27,180 Restricted Stock Units. These RSUs are equity compensation, not an open‑market trade, and are tied to the company’s Class A Common Stock.

Is the MSGE Form 4 transaction a stock purchase or a compensation grant?

The Form 4 shows a compensation grant, not a market purchase. Allen M. Lo received 27,180 Restricted Stock Units at a price per unit of $0.00, reflecting an award under the company’s 2023 Employee Stock Plan rather than a cash-funded stock buy.

How many Madison Square Garden Entertainment RSUs were granted to Allen M. Lo?

Allen M. Lo was granted 27,180 Restricted Stock Units linked to MSGE Class A Common Stock. Following this transaction, his reported holdings in this RSU award total 27,180 units, each representing a right to one share or the cash equivalent at settlement.

When will Allen M. Lo’s MSGE RSU award vest and settle?

The 27,180 RSUs will vest and settle in three equal installments on September 15, 2026, September 15, 2027, and September 15, 2028. This three‑year vesting schedule phases delivery of shares or cash over time, supporting long‑term alignment with the company.

What does each MSGE Restricted Stock Unit represent for Allen M. Lo?

Each RSU represents a right to receive one share of Madison Square Garden Entertainment Class A Common Stock or its cash equivalent. Settlement occurs as the units vest on scheduled dates, giving Allen M. Lo future equity or cash tied directly to MSGE’s stock.

Under which plan were the MSGE RSUs granted to Allen M. Lo?

The RSUs were granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan. This plan governs equity awards to employees, including executives, and specifies how units convert into Class A Common Stock or cash as vesting conditions are satisfied.