Dolan Family Trust Acquires $12.2M in MSGS Shares via Promissory Note Repayment
MSGS sits 81% above its 52-week low of $173.26.
Summary
A trust associated with the controlling Dolan family acquired 37,405 shares of Madison Square Garden Sports Corp. Class B Common Stock, valued at $12.2 million, as partial repayment of a promissory note.
Key Events · Ownership and Investor Activity · MSGS
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Significant Share Acquisition
The CHARLES F. DOLAN 2009 FAMILY TRUST FBO THOMAS C. DOLAN acquired 37,405 shares of Class B Common Stock.
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Valued at $12.2 Million
The acquired shares were valued at $326.83 per share, totaling approximately $12.2 million, based on the mean trading price of Class A Common Stock on the transaction date.
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Repayment of Promissory Note
The shares were received as partial repayment of a promissory note, indicating a strategic increase in direct ownership by the controlling family.
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Dolan Family Activity
This acquisition is part of the broader financial activities of the Dolan family, who are controlling shareholders, as also detailed in a concurrent Schedule 13D/A filing.
Analysis · MSGS · Trade & Services
This Form 4 details a significant acquisition of shares by the CHARLES F. DOLAN 2009 FAMILY TRUST FBO THOMAS C. DOLAN, a trust linked to the controlling Dolan family. The acquisition of 37,405 Class B Common Stock shares, valued at approximately $12.2 million, occurred as partial repayment of a promissory note. This transaction, while not an open-market purchase, represents a substantial increase in direct ownership by a key insider group, signaling continued conviction in Madison Square Garden Sports Corp. by its controlling shareholders. This activity aligns with the broader restructuring efforts by the Dolan family as disclosed in a concurrent Schedule 13D/A filing.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 29.9% of the 1944 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.15%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MSGS was trading at $313.97 on NYSE in the Trade & Services sector, with a market capitalization of approximately $7.6B. The 52-week trading range was $173.26 to $345.46. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.