---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-240479"
form_type: "8-K"
ticker: "MSGE"
cik: "0001952073"
company_name: "Madison Square Garden Entertainment Corp."
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:56:13.889845+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sphere Entertainment Group exits MSGE stake via 8.2M share secondary; MSGE buys back 1.6M shares for $50M

## Summary
- Sphere Entertainment Group sold 8,221,188 shares of MSGE Class A stock at $32.50/share, including full underwriter option exercise.
- MSGE repurchased 1,602,564 shares from underwriters at $31.20/share (aggregate ~$50 million).
- Selling stockholder (Sphere Entertainment Group) now holds 0% of MSGE Class A common stock, down from ~19.3% pre-offering.
- Company received no proceeds from the secondary sale; all proceeds went to the selling stockholder.
- Offer was registered on Form S-1 (File 333-274555) declared effective September 19, 2023.

## SEC filing metadata
- accession: 0001193125-23-240479
- form_type: 8-K
- ticker: MSGE
- cik: 0001952073
- company_name: Madison Square Garden Entertainment Corp.
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1952073/000119312523240479/0001193125-23-240479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1952073/000119312523240479/d553704d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-240479
- JSON: https://secwatch.observer/filing/0001193125-23-240479.json
- Plain text: https://secwatch.observer/filing/0001193125-23-240479.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.