SEC Form 4 · accession 0001193125-26-394311
Madison Square Garden Sports Corp. · MSGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jamaal T Lesane
Officer — Chief Operating Officer
Period of report
Sep 15, 2026
Accepted (ET)
Sep 17, 2026 · 4:05 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001636519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Sep 15, 2026 | M | 843 | $0.00 | A | 7,185 | D | |
| Class A Common StockF2 | Sep 15, 2026 | M | 1,248 | $0.00 | A | 8,433 | D | |
| Class A Common StockF3 | Sep 15, 2026 | M | 1,251 | $0.00 | A | 9,684 | D | |
| Class A Common Stock | Sep 15, 2026 | F | 1,847 | $393.27 | D | 7,837 | D | |
| Class A Common StockF5 | Sep 15, 2026 | M | 2,462 | $0.00 | A | 10,299 | D | |
| Class A Common Stock | Sep 15, 2026 | F | 1,361 | $393.27 | D | 8,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Sep 15, 2026 | M | 843 | D | — | Sep 15, 2026 | Class A Common Stock | 843 | 0 | D |
| Restricted Stock UnitsF2 | — | Sep 15, 2026 | M | 1,248 | D | — | Sep 15, 2027 | Class A Common Stock | 1,248 | 1,248 | D |
| Restricted Stock UnitsF3 | — | Sep 15, 2026 | M | 1,251 | D | — | Sep 15, 2028 | Class A Common Stock | 1,251 | 2,504 | D |
| Performance Restricted Stock UnitsF5 | — | Sep 15, 2026 | M | 2,462 | D | — | Sep 15, 2026 | Class A Common Stock | 2,462 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") was granted on August 28, 2023 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 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 vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.
- F2Each RSU was granted on August 29, 2024 under the 2015 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 15, 2025. One-third of the RSUs vested and were settled on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.
- F3Each RSU was granted on August 21, 2025 under the 2015 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 15, 2026. One-third of the RSUs are scheduled to vest and settle on September 15, 2027. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2028.
- F4Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2 and 3, exempt under Rule 16b-3.
- F5Each performance restriced stock unit ("PSU") was granted on August 28, 2023 under the 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 on August 26, 2026 and the PSUs vested and were settled on September 15, 2026.
- F6Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 5, exempt under Rule 16b-3.