# EDGAR Filing Document

**Accession Number:** 0001754973
**File Stem:** 0001193125-25-206195
**Filing Date:** 2025-9
**Character Count:** 10287
**Document Hash:** beb52a45ffac9c4201cc30466fe473b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-206195.hdr.sgml**: 20250917

**ACCESSION NUMBER**: 0001193125-25-206195

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250915

**FILED AS OF DATE**: 20250917

**DATE AS OF CHANGE**: 20250917

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** D'Ambrosio Philip Gerard
- **CENTRAL INDEX KEY:** 0001754973

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41627
- **FILM NUMBER:** 251320157

**MAIL ADDRESS:**
- **STREET 1:** TWO PENNSYLVANIA PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10121
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Madison Square Garden Entertainment Corp.
- **CENTRAL INDEX KEY:** 0001952073
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 920318813
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0630

**BUSINESS ADDRESS:**
- **STREET 1:** TWO PENNSYLVANIA PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10121
- **BUSINESS PHONE:** (212) 465-6000

**MAIL ADDRESS:**
- **STREET 1:** TWO PENNSYLVANIA PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10121

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MSGE Spinco, Inc.
- **DATE OF NAME CHANGE:** 20221025

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>D'Ambrosio Philip Gerard<br><sub>(Last) (First) (Middle)</sub><br>2 PENNSYLVANIA PLAZA<br><sub>(Street)</sub><br>NEW YORK, NY 10121<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-09-15 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP and Treasurer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Madison Square Garden Entertainment Corp. [ MSGE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-09-15 |  | M |  | 2744 | A | 0<sup>(1)</sup> | 14936<sup>(9)</sup> | D |  |
| Class A Common Stock | 2025-09-15 |  | M |  | 259 | A | 0<sup>(2)</sup> | 15195<sup>(9)</sup> | D |  |
| Class A Common Stock | 2025-09-15 |  | M |  | 6227 | A | 0<sup>(3)</sup> | 21422<sup>(9)</sup> | D |  |
| Class A Common Stock | 2025-09-15 |  | M |  | 6007 | A | 0<sup>(4)</sup> | 27429<sup>(9)</sup> | D |  |
| Class A Common Stock | 2025-09-15 |  | F<sup>(7)</sup> |  | 7609 | D | $43.94 | 19820 | D |  |
| Class A Common Stock | 2025-09-15 |  | M |  | 8370 | A | 0<sup>(5)</sup> | 28190<sup>(9)</sup> | D |  |
| Class A Common Stock | 2025-09-15 |  | M |  | 791 | A | 0<sup>(6)</sup> | 28981<sup>(9)</sup> | D |  |
| Class A Common Stock | 2025-09-15 |  | F<sup>(8)</sup> |  | 3302 | D | $43.94 | 25679 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(1)</sup> | 2025-09-15 |  | M |  |  | 2744 | <sup>(1)</sup> | 2025-09-15 | Class A Common Stock | 2744 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(2)</sup> | 2025-09-15 |  | M |  |  | 259 | <sup>(2)</sup> | 2025-09-15 | Class A Common Stock | 259 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(3)</sup> | 2025-09-15 |  | M |  |  | 6227 | <sup>(3)</sup> | 2026-09-15 | Class A Common Stock | 6227 | $0 | 6227 | D |  |
| Restricted Stock Units | <sup>(4)</sup> | 2025-09-15 |  | M |  |  | 6007 | <sup>(4)</sup> | 2027-09-15 | Class A Common Stock | 6007 | $0 | 12016 | D |  |
| Performance Restricted Stock Units | <sup>(5)</sup> | 2025-09-15 |  | M |  |  | 8370 | <sup>(5)</sup> | 2025-09-15 | Class A Common Stock | 8370 | $0 | 0 | D |  |
| Performance Restricted Stock Units | <sup>(5)</sup> | 2025-09-15 |  | M |  |  | 791 | <sup>(6)</sup> | 2025-09-15 | Class A Common Stock | 791 | $0 | 0 | D |  |

---

### Footnotes:

(1) Each Restricted Stock Unit ("RSU") was granted on April 20, 2023 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Employee Stock Plan (the "2023 Employee Stock Plan") in respect of an RSU granted by Sphere Entertainment Co. ("SPHR") on August 31, 2022, and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs vested and were settled on September 15, 2025.

(2) Each RSU was granted on May 31, 2023 under the 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs vested and were settled on September 15, 2025.

(3) Each RSU was granted on September 1, 2023 under the 2023 Employee Stock Plan and represents a right to receive one share of MSGE 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 are scheduled to vest and settle on September 15, 2026.

(4) Each RSU was granted on August 27, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of MSGE 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 are scheduled to vest and settle on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.

(5) Each performance restricted stock unit ("PSU") was granted on April 20, 2023 under the 2023 Employee Stock Plan in respect of PSUs granted by SPHR on August 31, 2022, and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 25, 2025 and the PSUs vested and were settled on September 15, 2025.

(6) Each PSU was granted on May 31, 2023 under the 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 25, 2025 and the PSUs vested and were settled on September 15, 2025.

(7) Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2, 3 and 4 above, exempt under Rule 16b-3.

(8) Represents PSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnotes 5 and 6 above, exempt under Rule 16b-3.

(9) Includes shares held jointly with spouse.

**Signature:** /s/ Mark C. Cresitello, Attorney-in-Fact for Philip D'Ambrosio  
**Date:** 2025-09-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**