Madison Square Garden Entertainment Corp. — Form 10-K

Madison Square Garden Entertainment hired Allen Lo as Executive Vice President and Chief Legal Officer effective March 30, 2026, with annual base salary of $550,000, target annual bonus of 100% of base ($550,000), special cash award of $550,000, and a one-time restricted stock unit grant of $1,500,000 (total ~$2.8M first year). Notably, Lo will simultaneously serve as an employee of Sphere Entertainment Co.; the agreement explicitly acknowledges this dual role and waives conflicts of interest under the Company's Articles of Incorporation. His severance package includes 2x base plus bonus if terminated before March 2029, with accelerated vesting of equity awards.