v3.26.1
Share-based Compensation (Tables)
 12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense The following table presents the share-based compensation expense recorded during Fiscal Years 2026, 2025 and 2024:
Years Ended June 30,
202620252024
Share-based compensation expense (a)
$32,495 $27,694 $24,544 
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(a)    For Fiscal Years 2026 and 2024 share-based compensation excludes (benefits) costs of $(56) and $6,788, respectively, that have been reclassified to Restructuring charges in the consolidated statements of operations, as detailed in Note 4. Restructuring Charges.
Schedule of RSUs and PSUs
The following table summarizes activity related to MSG Entertainment’s RSUs and PSUs held by the Company, MSG Sports, and Sphere’s employees for Fiscal Year 2026:
Number ofWeighted-Average
Grant-date Fair Value
RSUsPSUs
Unvested award balance as of June 30, 2025
733 1,060 $34.75 
Granted542 426 $41.08 
Vested (a)
(468)(416)$33.49 
Forfeited(49)(99)$38.08 
Unvested award balance as of June 30, 2026
758 971 $38.66 
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(a)    Upon delivery, RSUs granted by the Company were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ statutory minimum tax withholding obligations for the applicable income and other employment taxes, 353 of these awards, with an aggregate value of $15,809, were retained by MSG Entertainment.
Schedule of Stock Options
The following table summarizes activity related to the Company’s stock options during Fiscal Year 2026:
Number of Time Vesting Options
Weighted-Average Exercise Price Per Share (a)
Weighted-Average Remaining Contractual Term (In Years)Aggregate Intrinsic Value
Balance as of June 30, 2025
394 $51.61 
Exercised(11)$34.61 
Forfeited(109)$78.32 
Balance as of June 30, 2026
274$41.71 0.91$10,734 
Exercisable on June 30, 2026
274$41.71 0.91$10,734 
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(a)     The weighted-average grant-date fair value for awards granted prior to the MSGE Distribution Date reflects a conversion ratio adjustment associated with the MSGE Distribution as described above.