<?xml version="1.0"?>
<ownershipDocument>

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    <periodOfReport>2026-09-15</periodOfReport>

    <issuer>
        <issuerCik>0001952073</issuerCik>
        <issuerName>Madison Square Garden Entertainment Corp.</issuerName>
        <issuerTradingSymbol>MSGE</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001754973</rptOwnerCik>
            <rptOwnerName>D'Ambrosio Philip Gerard</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
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            <rptOwnerStreet1>2 PENNSYLVANIA PLAZA</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10121</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>EVP and Treasurer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

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            <securityTitle>
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            <ownershipNature>
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                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Daughter</value>
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    <footnotes>
        <footnote id="F1">Each restricted stock unit (&quot;RSU&quot;) was granted on September 1, 2023 under the Madison Square Garden Entertainment Corp. (&quot;MSGE&quot;) 2023 Employee Stock Plan (the &quot;2023 Employee Stock Plan&quot;)  and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs vested and were settled on September 15, 2025. The remaining one-third of the RSUs vested and were settled on September 15, 2026.</footnote>
        <footnote id="F2">Each RSU was granted on August 27, 2024 under the 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2025. One-third of the RSUs vested and were settled on September 15, 2026. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2027.</footnote>
        <footnote id="F3">Each RSU was granted on August 25, 2025 under the 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2026. One-third of the RSUs are scheduled to vest and settle on September 15, 2027. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2028.</footnote>
        <footnote id="F4">Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2 and 3 above, exempt under Rule 16b-3.</footnote>
        <footnote id="F5">Each performance restricted stock unit (&quot;PSU&quot;) was granted on September 1, 2023 under the MSGE 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 26, 2026 and the PSUs vested and were settled on September 15, 2026.</footnote>
        <footnote id="F6">Represents PSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnote 5 above, exempt under Rule 16b-3.</footnote>
        <footnote id="F7">The reporting person disclaims beneficial ownership of the securities held by his children, and this report shall not be deemed an admission that the reporting person is the beneficial owner of securities for purposes of Section 16 or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark C. Cresitello, Attorney-in-Fact for Philip Gerard D'Ambrosio</signatureName>
        <signatureDate>2026-09-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
