Form 4: MSG Entertainment Executive Gifts Shares

Philip D'Ambrosio, EVP and Treasurer of Madison Square Garden Entertainment Corp., reported a gift of 375 Class A Common Stock shares to his children on June 22, 2026.

Summary

• Philip D'Ambrosio, Executive Vice President and Treasurer of Madison Square Garden Entertainment Corp. (MSGE), reported a transaction on June 22, 2026.
• The transaction involved the gift of 375 shares of Class A Common Stock.
• These shares were gifted to his children.
• Following the transaction, D'Ambrosio disclaims beneficial ownership of the gifted securities held by his children.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine gift of shares by an executive and does not contain financial performance data or strategic changes.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Management Comments

• The reporting person disclaims beneficial ownership of the securities held by his children, and this report shall not be deemed an admission that the reporting person is the beneficial owner of securities for purposes of Section 16 or for any other purpose.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, including gifts, and are crucial for transparency in the entertainment and media sector.

Related Party Transactions

• Gift of 375 Class A Common Stock shares from Philip D'Ambrosio to his children.

Stakeholder Impact

• Shareholders: The transaction itself is a gift and does not directly impact the company's financial performance or share price, but it is a disclosure of insider activity.
• Management: Demonstrates typical executive actions regarding personal shareholdings.
• Family members (children): Recipients of the gifted shares.

Key Dates

Keywords

SEC Form 4, Insider Trading, Stock Gift, Madison Square Garden Entertainment, MSGE, Philip D'Ambrosio, Beneficial Ownership