false 0001952073 0001952073 2024-12-11 2024-12-11

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): December 11, 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 5.07

Submission of Matters to a Vote of Security Holders.

On December 11, 2024, Madison Square Garden Entertainment Corp. (the “Company”) held its annual meeting of stockholders. In accordance with the Company’s Amended and Restated Certificate of Incorporation, the Class A stockholders have one vote per share and the Class B stockholders have ten votes per share. The proposals are described in the Company’s proxy statement for the 2024 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on October 25, 2024. The final results for the votes regarding each proposal are set forth below.

 

  1.

The Company’s Class A stockholders elected the three directors listed below to the Board of Directors. The votes regarding this proposal were as follows:

 

     For      Withheld      Broker
Non-Votes
 

Martin Bandier

     25,046,543        10,702,453        2,552,849  

Donna M. Coleman

     25,624,470        10,124,526        2,552,849  

Frederic V. Salerno

     24,904,050        10,844,946        2,552,849  

The Company’s Class B stockholders elected the nine directors listed below to the Board of Directors. The votes regarding this proposal were as follows:

 

     For      Withheld    Broker
Non-Votes

James L. Dolan

     68,667,540      0    0

Charles F. Dolan

     68,667,540      0    0

Charles P. Dolan

     68,667,540      0    0

Marianne Dolan Weber

     68,667,540      0    0

Paul J. Dolan

     68,667,540      0    0

Quentin F. Dolan

     68,667,540      0    0

Ryan T. Dolan

     68,667,540      0    0

Thomas C. Dolan

     68,667,540      0    0

Brian G. Sweeney

     68,667,540      0    0

 

  2.

The Company’s Class A stockholders and Class B stockholders, voting together as a single class, ratified the appointment of the Company’s independent registered public accounting firm for the 2025 fiscal year. The votes regarding this proposal were as follows:

 

For

 

Against

 

Abstain

 

Broker
Non-Votes

106,673,752   288,883   6,750   0

 

  3.

The Company’s Class A stockholders and Class B stockholders, voting together as a single class, approved in an advisory (non-binding) vote the compensation of the Company’s named executive officers. The votes regarding this proposal were as follows:

 

For

 

Against

 

Abstain

 

Broker
Non-Votes

103,191,070   1,215,819   9,647   2,552,849

The foregoing non-binding, advisory vote on Proposal 3 included the affirmative vote of a majority of the shares of the Company’s Class A common stock that were voted on the matter and 100% of the Company’s shares of Class B common stock.

 

2


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.

 

MADISON SQUARE GARDEN

ENTERTAINMENT CORP.

(Registrant)
By:  

/s/ Mark C. Cresitello

Name:   Mark C. Cresitello
Title:   Senior Vice President, Deputy General Counsel and Secretary

Dated: December 12, 2024

 

3

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Document and Entity Information
Dec. 11, 2024
Cover [Abstract]  
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Entity Central Index Key 0001952073
Document Type 8-K
Document Period End Date Dec. 11, 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
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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 false

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