Director Marianne Dolan Weber filed a Form 4 with the SEC on October 28, 2026, disclosing changes in beneficial ownership of MSG Rangers Corp. securities arising from the spin-off of MSG Rangers Corp. from MSG Knickerbockers Corp.

Key Highlights

  • Spin-off completed: MSG Rangers Corp. (formerly MSGS Spinco, Inc.) was spun off from MSG Knickerbockers Corp. (formerly Madison Square Garden Sports Corp.) with key transactions dated October 20 and October 26, 2026.
  • Recapitalization on October 20, 2026: Issued and outstanding common stock of MSG Rangers Corp. was recapitalized into Class A Common Stock and Class B Common Stock, reported as exempt under Rule 16b-7.
  • Distribution on October 26, 2026: MSG Knickerbockers Corp. distributed one share of Class A Common Stock and one share of Class B Common Stock for every two shares of the corresponding MSGK class, reported as exempt under Rule 16a-9.
  • Direct Class A holdings after distribution: Weber directly beneficially owns 7,470 shares of Class A Common Stock following all reported transactions.
  • RSU-related shares: 3,439 shares of Class A Common Stock were received in connection with the Distribution pursuant to vested MSGK restricted stock units, granted under the MSGR 2026 Stock Plan for Non-Employee Directors, at a ratio of one share per every two vested MSGK RSUs.
  • Indirect holdings extinguished: Indirect beneficial ownership of 9,794,568 shares of Class A Common Stock and 2,264,754 shares of Class B Common Stock held through MSG Knickerbockers Corp. and its subsidiaries were each reduced to 0 following the reported transactions.

MSG Rangers Corp. Spin-Off Transactions Reported by Director Weber

According to the filing, Marianne Dolan Weber is identified as a director of MSG Rangers Corp., which trades on NASDAQ:MSGR. The Form 4 covers a series of transactions related to the spin-off of MSG Rangers Corp. from MSG Knickerbockers Corp., with the earliest transaction date listed as October 20, 2026. All transactions carry a transaction code of "J," indicating other acquisition or disposition types as described in the responses section of the filing.

The filing discloses that on October 20, 2026, the recapitalization of MSGR's common stock into Class A and Class B shares was effected, and Weber's indirect holdings - held through MSG Knickerbockers Corp. and its subsidiaries - reflected 9,794,568 shares of Class A Common Stock acquired and 2,264,754 shares of Class B Common Stock acquired at that step. On October 26, 2026, the Distribution was completed, and those same indirect positions were disposed of, reducing each to zero, according to the filing. The Class B Common Stock is described in the filing as "convertible at the option of the holder on a share for share basis into Class A Common Stock."

Following the Distribution, the filing reports Weber directly received 4,031 shares of Class A Common Stock and an additional 3,439 shares of Class A Common Stock through vested MSGK restricted stock units, bringing her total direct beneficial ownership to 7,470 shares of Class A Common Stock. The filing notes that the 4,031 shares reflect "a transfer of shares previously owned directly by MSGK and its subsidiaries exempt under Rule 16a-13." The Form 4 was signed by Richard Baccari as Attorney-in-Fact for Marianne Dolan Weber on October 28, 2026.

What Was Disclosed

Director Marianne Dolan Weber disclosed Form 4 transactions tied to the MSG Rangers Corp. spin-off from MSG Knickerbockers Corp., including recapitalization and distribution steps, resulting in direct beneficial ownership of 7,470 shares of Class A Common Stock as of October 26, 2026.