secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Entertainment Corp. (MSGE)
CIK:        0001952073
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001193125-26-129172
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSGE enters employment agreement with EVP/Treasurer D'Ambrosio: base $750K, bonus 100%, LTI $1.4M
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- New employment agreement with Philip D'Ambrosio, Executive VP and Treasurer, effective April 1, 2026.
- Annual base salary of at least $750,000; target annual bonus of at least 100% of base salary.
- Expected annual long-term incentive awards with aggregate target value of at least $1,400,000.
- Severance if terminated without cause/for good reason before March 31, 2029: minimum sum of base salary plus target bonus.
- Non-compete covenant restricts competitive activities for one year post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1952073/000119312526129172/0001193125-26-129172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1952073/000119312526129172/d112535d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-129172

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