secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Entertainment Corp. (MSGE)
CIK:        0001952073
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001193125-23-159883
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Appoints Philip G. D'Ambrosio as EVP and Treasurer with new employment agreement effective April 1, 2023
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- D'Ambrosio promoted from SVP and Treasurer to EVP and Treasurer; new agreement runs through March 31, 2026.
- Annual base salary set at minimum $750,000; eligible for annual target bonus of at least 75% of salary.
- Expected annual long-term incentive awards of at least $1,200,000 aggregate target value; prorated award of $50,000 for FY ending June 30, 2023.
- New terms include customary severance provisions (at least sum of base salary and target bonus) subject to release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1952073/000119312523159883/0001193125-23-159883-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1952073/000119312523159883/d476720d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-159883

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