David Granville-Smith, Executive Vice President of MSG Rangers Corp., filed a Form 4 on October 28, 2026, reporting the acquisition of Class A Common Stock and restricted stock units in connection with the October 26, 2026 distribution of MSG Rangers Corp. shares by MSG Knickerbockers Corp.

Key Highlights

  • Shares received: Granville-Smith acquired 7,684 shares of Class A Common Stock of MSG Rangers Corp. on October 26, 2026, at $0.00, via transaction code J.
  • Distribution ratio: According to the filing, MSGK distributed one share of MSGR Class A common stock for every two shares of MSGK Class A common stock held.
  • RSUs acquired: Three tranches of restricted stock units were received: 708 RSUs vesting September 15, 2027; 1,419 RSUs vesting in two equal installments on September 15, 2027 and September 15, 2028; and 1,063 RSUs vesting in three equal installments on September 15, 2027, September 15, 2028, and September 15, 2029.
  • RSU conversion ratio: The filing states Granville-Smith received one MSGR RSU for every two MSGK RSUs held, in connection with the Distribution.
  • Exempt transactions: The filing states all transactions were exempt under Rules 16a-9, 16b-3, and, for the RSUs, 16b-6.
  • Company history: According to the filing, MSG Rangers Corp. was formerly known as MSGS Spinco, Inc., and MSG Knickerbockers Corp. was formerly known as Madison Square Garden Sports Corp.

MSG Rangers Corp. Spinoff Triggers Granville-Smith Ownership Disclosures

David Granville-Smith, identified in the filing as Executive Vice President of MSG Rangers Corp. (NASDAQ:MSGR), reported changes in beneficial ownership stemming from the October 26, 2026 distribution by MSG Knickerbockers Corp. of outstanding common stock of MSGR to MSGK stockholders. The filing indicates that in connection with this distribution, Granville-Smith directly acquired 7,684 shares of Class A Common Stock at a price of $0.00, bringing his direct beneficial ownership of that security to 7,684 shares.

In addition to the common stock, the filing reports the acquisition of three separate tranches of restricted stock units under the MSGR 2026 Employee Stock Plan. Each RSU represents a right to receive one share of Class A Common Stock or the cash equivalent. The first tranche consists of 708 RSUs, scheduled to vest and settle on September 15, 2027, corresponding to an original MSGK RSU award dated August 29, 2024. The second tranche of 1,419 RSUs is scheduled to vest in two equal installments on September 15, 2027 and September 15, 2028, tied to an original MSGK RSU award dated August 21, 2025. The third tranche of 1,063 RSUs is scheduled to vest in three equal installments on September 15, 2027, September 15, 2028, and September 15, 2029, tied to an MSGK RSU award dated August 26, 2026.

The filing states that all transactions were coded as "J" and were effected at $0.00, reflecting the spinoff-related distribution rather than open-market purchases. The form was signed by Mark C. Cresitello as Attorney-in-Fact for David Granville-Smith and filed on October 28, 2026.

What Was Disclosed

The filing discloses that David Granville-Smith received 7,684 shares of MSG Rangers Corp. Class A Common Stock and three tranches of RSUs totaling 3,190 RSUs, all in connection with the October 26, 2026 spinoff distribution from MSG Knickerbockers Corp., at no cost to the reporting person.