false 0001952073 0001952073 2024-05-28 2024-05-28

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 28, 2024

 

 

MADISON SQUARE GARDEN ENTERTAINMENT CORP.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   001-41627   92-0318813

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

Two Pennsylvania Plaza, New York, NY   10121
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (212) 465-6000

Not Applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of Each Exchange
on Which Registered

Class A Common Stock   MSGE   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

 

 

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 28, 2024, Courtney M. Zeppetella, Senior Vice President, Controller and Chief Accounting Officer of Madison Square Garden Entertainment Corp. (the “Company”), resigned effective as of May 31, 2024. Ms. Zeppetella’s resignation from the Company is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure or internal controls.

Based on Ms. Zeppetella’s service to the Company, and subject to her execution of a customary release with the Company, the Company has agreed to pay Ms. Zeppetella any annual cash incentive Ms. Zeppetella would have otherwise earned for the full 2024 fiscal year under the Management Performance Incentive Plan based on actual Company performance.

Effective as of May 31, 2024 and until such time as a replacement is named, Michael J. Grau, the Company’s Executive Vice President and Chief Financial Officer, will serve as the Company’s interim principal accounting officer.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: June 3, 2024     MADISON SQUARE GARDEN ENTERTAINMENT CORP.
    By:  

/s/ Mark Cresitello

    Name:   Mark Cresitello
    Title:   Secretary
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Document and Entity Information
May 28, 2024
Cover [Abstract]  
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Entity Central Index Key 0001952073
Document Type 8-K
Document Period End Date May 28, 2024
Entity Registrant Name MADISON SQUARE GARDEN ENTERTAINMENT CORP.
Entity Incorporation State Country Code DE
Entity File Number 001-41627
Entity Tax Identification Number 92-0318813
Entity Address, Address Line One Two Pennsylvania Plaza
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10121
City Area Code (212)
Local Phone Number 465-6000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Class A Common Stock
Trading Symbol MSGE
Security Exchange Name NYSE
Entity Emerging Growth Company true
Entity Ex Transition Period true
Madison Square Garden En... (NYSE:MSGE)
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