Form 4: Charles F. Dolan 2009 Revocable Trust Sells Shares of Madison Square Garden Entertainment Corp. (MSGE)
SEC Form 4
Charles F. Dolan 2009 Revocable Trust reports the sale of Class A Common Stock in Madison Square Garden Entertainment Corp. (MSGE) across multiple transactions.
Summary
- Charles F. Dolan 2009 Revocable Trust, a member of a 13(d) group, filed a Form 4 detailing changes in beneficial ownership of Madison Square Garden Entertainment Corp. (MSGE).
- On March 10, 2025, the trust sold 64,516 shares of Class A Common Stock at a weighted average price of $30.93, and an additional 2,627 shares at a weighted average price of $31.64.
- On March 11, 2025, the trust sold 2,400 shares at a weighted average price of $32.17, and a further 3,615 shares at a weighted average price of $32.60.
- Following these transactions, the trust holds 0 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales. It doesn't inherently convey positive or negative sentiment, but the sales themselves could be interpreted in various ways depending on the context.
Industry Context
This filing indicates changes in the holdings of a significant shareholder, which is a common occurrence and is closely monitored by investors for insights into the sentiment of major stakeholders regarding the company's prospects.
Stakeholder Impact
- Shareholders may react to the news of a significant shareholder selling a large number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Sale of 64,516 shares of Class A Common Stock at a weighted average price of $30.93. |
| 03/10/2025 | Sale of 2,627 shares of Class A Common Stock at a weighted average price of $31.64. |
| 03/11/2025 | Sale of 2,400 shares of Class A Common Stock at a weighted average price of $32.17. |
| 03/11/2025 | Sale of 3,615 shares of Class A Common Stock at a weighted average price of $32.60. |
| 03/12/2025 | Date of Form 4 filing. |
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