Alan D. Schwartz filed a Form 3 Initial Statement of Beneficial Ownership with the SEC on October 28, 2026, reporting his initial holdings in MSG Rangers Corp. following his appointment as a director on October 26, 2026.
Key Highlights
- New director: Alan D. Schwartz became a director of MSG Rangers Corp. (formerly MSGS Spinco, Inc.) on October 26, 2026, the date of the triggering event.
- Distribution shares: Schwartz directly owns 3,081 shares of Class A Common Stock received in connection with the distribution by MSG Knickerbockers Corp. of MSGR shares to its stockholders.
- RSU-derived shares: Schwartz also directly owns 4,467 shares of Class A Common Stock received pursuant to vested MSG Knickerbockers Corp. restricted stock units, granted under the MSGR 2026 Stock Plan for Non-Employee Directors.
- Distribution ratio: According to the filing, MSGK distributed one share of MSGR Class A common stock and one share of MSGR Class B common stock for every two shares of MSGK Class A and Class B common stock, respectively.
- Exempt transactions: Both share receipts are described in the filing as transactions exempt under Rules 16a-9 and 16b-3.
- No derivative securities: The filing reports no derivative securities beneficially owned by Schwartz.
Schwartz's Initial Holdings in MSG Rangers Corp. Following October 2026 Spinoff Distribution
According to the filing, Alan D. Schwartz submitted a Form 3 as a newly appointed director of MSG Rangers Corp. (NASDAQ:MSGR), formerly known as MSGS Spinco, Inc. The event requiring the statement was October 26, 2026, the same date on which MSG Knickerbockers Corp. (formerly Madison Square Garden Sports Corp.) completed a distribution of MSGR's outstanding common stock to its own stockholders.
The filing discloses two separate direct holdings of Class A Common Stock. The first, comprising 3,081 shares, represents shares received by Schwartz in connection with the distribution itself, in which MSGK stockholders received one share of MSGR Class A common stock and one share of MSGR Class B common stock for every two shares of MSGK Class A and Class B common stock, respectively. The second holding of 4,467 shares reflects Class A Common Stock received through vested MSGK restricted stock units, at a rate of one share of MSGR Class A Common Stock for every two vested MSGK RSUs, granted under the MSGR 2026 Stock Plan for Non-Employee Directors. Both transactions are described as exempt under Rules 16a-9 and 16b-3.
The form was signed on October 28, 2026, by Mark C. Cresitello as attorney-in-fact for Alan D. Schwartz, pursuant to a Power of Attorney filed as Exhibit 24. No indirect holdings and no derivative securities were reported.
What Was Disclosed
Schwartz's Form 3 discloses his initial beneficial ownership of 3,081 and 4,467 shares of MSG Rangers Corp. Class A Common Stock, both held directly, arising from the October 26, 2026 spinoff distribution and related RSU conversions.



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