SEC Form 4 · accession 0001193125-26-394314
Madison Square Garden Sports Corp. · MSGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Lawrence Dolan
Officer — Executive Chairman / CEO · Director · Other
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,F2 | Sep 15, 2026 | M | 5,179 | $0.00 | A | 195,208 | D | |
| Class A Common StockF3,F2 | Sep 15, 2026 | M | 6,488 | $0.00 | A | 201,696 | D | |
| Class A Common StockF4,F2 | Sep 15, 2026 | M | 6,508 | $0.00 | A | 208,204 | D | |
| Class A Common StockF2 | Sep 15, 2026 | F | 10,048 | $393.27 | D | 198,156 | D | |
| Class A Common StockF6,F2 | Sep 15, 2026 | M | 15,134 | $0.00 | A | 213,290 | D | |
| Class A Common StockF2 | Sep 15, 2026 | F | 8,369 | $393.27 | D | 204,921 | D | |
| Class A Common StockF8 | holding | — | — | — | 5,011 | I | By Spouse | |
| Class A Common StockF9 | holding | — | — | — | 491 | I | By Minor Children and Household Members |
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 | 5,179 | D | — | Sep 15, 2026 | Class A Common Stock | 5,179 | 0 | D |
| Restricted Stock UnitsF3 | — | Sep 15, 2026 | M | 6,488 | D | — | Sep 15, 2027 | Class A Common Stock | 6,488 | 6,488 | D |
| Restricted Stock UnitsF4 | — | Sep 15, 2026 | M | 6,508 | D | — | Sep 15, 2028 | Class A Common Stock | 6,508 | 13,018 | D |
| Performance Restricted Stock UnitsF6 | — | Sep 15, 2026 | M | 15,134 | D | — | Sep 15, 2026 | Class A Common Stock | 15,134 | 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.
- F2Includes shares held jointly with spouse.
- F3Each 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.
- F4Each 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.
- F5Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 3 and 4, exempt under Rule 16b-3.
- F6Each 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.
- F7Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 6, exempt under Rule 16b-3.
- F8Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Ms. Dolan (other than securities in which he has a direct pecuniary interest) and this report shall not be deemed to be an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F9Mr. Dolan disclaims beneficial ownership of all securities of MSGS beneficially owned and deemed to be beneficially owned by his minor children and household members and this filing shall not be deemed an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.