Mobile Global Esports (MGAM) CEO Brett Rosin Receives 8.25M Share Awards

What Happened Brett Rosin, CEO of Mobile Global Esports (MGAM), reported receiving equity awards/derivative awards totaling 8,250,000 shares across three reported dates. The filings show: 5,000,000 shares on 2024-12-12 (award), 1,000,000 shares on 2025-02-20 (award), and a 2,250,000-share derivative award on 2026-03-13. Each line lists an acquisition price of $0.00, so no cash was paid for these grants as reported.

Key Details

• Transaction types: all coded A (award/grant/other acquisition); 2026-03-13 entry is specifically a derivative award.
• Dates and amounts:
  • 2024-12-12: 5,000,000 shares @ $0.00 (award)
  • 2025-02-20: 1,000,000 shares @ $0.00 (award)
  • 2026-03-13: 2,250,000 derivative shares @ $0.00 (derivative award)
• Total awarded since 2024-12-12: 8,250,000 shares.
• Shares owned after the reported transactions: not specified in the supplied filing details.
• Footnotes/other plans: no 10b5-1, tax-withholding, or other special plan language reported in the provided summary.
• Filing timeliness: the Form 4 was filed on 2026-05-14 for a reportable transaction beginning 2024-12-12 — the filing is marked late, which delays public transparency.

Context These entries are equity awards/derivative grants (not open-market purchases or sales). Awards at $0 often reflect compensation grants, restricted stock, or derivative awards (e.g., options/RSUs) rather than a cash purchase; the filing does not state vesting, exercise, or sale details. As with most awards, this is informational about compensation/ownership changes and should not be interpreted as an immediate market purchase or sale.