MSGS Madison Square Garden Sports Corp. Insider Trading

Director Charles P Dolan sold 5,659 shares at $325.26 avg for $1.8M, reducing stake 92.9% to 435 shares

Director Charles P Dolan executed three separate sales totaling 5,659 shares for $1,840,621.46 at prices ranging from $324.98 to $326.62, leaving him with only 435 shares post-transaction against a pre-transaction holding of 6,094 shares. This represents a 92.9% reduction in his position, leaving minimal direct equity exposure despite his board role at a $7.8B market-cap company. The sales occurred near the stock's 52-week high of $341.76, though the company faces structural headwinds: full-year net income was negative despite $403.4M quarterly revenue and only 1.2% annual growth. The minimal remaining position and the near-complete elimination of holdings warrant attention to whether this signals a change in the director's level of engagement with the company's strategic direction or confidence in near-term performance.

MSGS CEO Dolan sells 15,544 shares for $3.1M in 7 transactions; reduces holdings by 75.6% to 5,011 shares

James Lawrence Dolan, Executive Chairman and CEO of Madison Square Garden Sports Corp., executed 7 separate sales totaling 15,544 shares for $3,058,224.78 at prices ranging from $193.07 to $200.47, with a blended average of $196.75. This transaction reduces his holdings from 20,555 shares to 5,011 shares, representing a -75.6% reduction in his ownership position. Across his prior 13 open-market sells (cross-ticker track record), his sales have demonstrated a 84.62% well-timed rate at the 90-day mark, and his same-ticker history at MSGS shows 3 of 5 prior sells were well-timed; however, these patterns describe historical behavior and do not determine the significance of this specific filing in isolation. The stock currently trades at $199.29, near the transaction prices, with a P/E of 87.41 and annual revenue growth of +15.7%, though net income remains modest at $1.1M on $357.8M in quarterly revenue.

Dolan 2009 Trust exits 36,922 MSGS shares via 12 separate sales for $7,003,413.63, liquidating entire position

Charles F. Dolan 2009 Revocable Trust executed 12 separate sales on March 10-11, 2025, liquidating its complete holding of 36.9K shares for $7.0M at a blended average price of $189.68. This full-position divestiture is material: the trust goes from 36.9K shares to zero post-transaction. The stock has declined 20.1% from its 52-week high of $235.85 and is down 19.7% over the past 90 days, trading at $188.45—below the transaction's blended average. The insider's cross-ticker track record shows 8 prior sells, establishing a pattern of open-market dispositions, though this filing represents the first complete liquidation event captured in the data.