Form 4: Madison Square Garden Entertainment Corp. Executive Philip D'Ambrosio Sells 6,000 Shares
SEC Form 4 Filing
Philip D'Ambrosio, EVP and Treasurer of Madison Square Garden Entertainment Corp., sold 6,000 shares of Class A Common Stock on September 30, 2024.
Summary
- On September 30, 2024, Philip Gerard D'Ambrosio, EVP and Treasurer of Madison Square Garden Entertainment Corp. (MSGE), sold 6,000 shares of Class A Common Stock.
- The sale was executed at a price of $42.43 per share.
- Following the transaction, D'Ambrosio directly owns 12,192 shares of MSGE Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a stock sale by an executive. It is neutral in tone and provides factual information without expressing any sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It is important to note that executive stock sales do not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of the stock sale transaction. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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