Form 4: Charles F. Dolan Reports Transaction in Madison Square Garden Entertainment Corp. Shares

Charles F. Dolan, a director and member of a 13(d) group of Madison Square Garden Entertainment Corp., reports a transaction involving Class A Common Stock.

Summary

• On March 15, 2024, Charles F. Dolan reported a transaction involving Madison Square Garden Entertainment Corp. (MSGE).
• Dolan withdrew 5,079 shares of Class A Common Stock from a trust at a price of $37.63 per share.
• Following the transaction, Dolan directly owns 5,079 shares of Class A Common Stock.
• Dolan also indirectly owns 68,080 shares through the CFD 2009 Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for directors and officers to report such activities.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in Dolan's holdings, but it's unlikely to be significant given the size of the transaction relative to the overall market capitalization of MSGE.

Key Dates