secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Entertainment Corp. (MSGE)
CIK:        0001952073
Form:       8-K
Filed at:   2024-06-21T23:59:59+00:00
Accession:  0001193125-24-165814
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSGE renews James Dolan as CEO with $1.5M base, $8.6M LTI target through 2027
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- Renewal effective July 1, 2024; term expires June 30, 2027.
- Base salary not less than $1.5M annually; target bonus not less than 200% of base.
- Expected annual LTI target of not less than $8.6M starting FY2025.
- Agreement acknowledges Dolan's roles at MSGS, Sphere, AMC; non-compete for one year post-termination.
- Severance at least 2× base+target bonus, paid 60% at 6 months and 40% at 12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1952073/000119312524165814/0001193125-24-165814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1952073/000119312524165814/d816758d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-165814

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer