Red Oak Partners, LLC 4
4 · Motorsport Games Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Motorsport Games (MSGM) 10% Owner Red Oak Partners Buys Shares
What Happened
Red Oak Partners, LLC (reported as a 10% owner) acquired a total of 15,937 shares of Motorsport Games, Inc. (MSGM) in open-market purchases on July 1–2, 2026, at an aggregate reported cost of approximately $65,768. The filing lists four transactions: 2,062 shares at $4.07 ($8,392), 1,138 shares at $4.07 ($4,632), 8,208 shares at $4.14 ($33,989), and 4,529 shares at $4.14 ($18,755). These are purchases (institutional accumulation), not sales.
Key Details
- Transaction dates: July 1, 2026 (two buys) and July 2, 2026 (two buys).
- Reported prices: $4.07 and $4.14 per share (reporting notes some trades executed across $3.94–$4.25 with weighted averages disclosed).
- Total shares acquired: 15,937; total reported value ≈ $65,768.
- Shares owned after transaction: not specified in the provided data.
- Reporting structure: Red Oak Partners, LLC serves as general partner of The Red Oak Fund, LP and The Red Oak Long Fund, LP; David Sandberg is the managing member/portfolio manager (footnotes F1–F2). The filing includes the standard disclaimer of beneficial ownership (F3).
- Pricing/transaction details: some transactions were reported as multiple trades with weighted-average pricing; the reporting persons offered to provide full trade-by-trade details on request (F4–F5).
- Filing timeliness: Form filed July 6, 2026 for trades on July 1–2 — this appears later than the typical two-business-day Form 4 deadline and may be considered late.
Context
These purchases were made by a 10% owner (institutional funds managed by Red Oak Partners), not an individual company executive. Institutional buys can be informative to investors, but the filing does not disclose the buyer’s rationale. The footnotes clarify the funds/manager relationships and offer to provide trade-level price details if requested.
Insider Transaction Report
- Purchase
Class A common stock
[F5][F1][F3]2026-07-01$4.07/sh+2,062$8,392→ 287,673 total(indirect: By The Red Oak Fund, LP directly) - Purchase
Class A common stock
[F5][F2][F3]2026-07-01$4.07/sh+1,138$4,632→ 158,171 total(indirect: By The Red Oak Long Fund, LP directly) - Purchase
Class A common stock
[F4][F1][F3]2026-07-02$4.14/sh+8,208$33,989→ 295,881 total(indirect: By The Red Oak Fund, LP directly) - Purchase
Class A common stock
[F4][F2][F3]2026-07-02$4.14/sh+4,529$18,755→ 162,700 total(indirect: By The Red Oak Long Fund, LP directly)
Footnotes (5)
- [F1]Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
- [F2]ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
- [F3]Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
- [F4]These transactions were executed in multiple trades at prices ranging from $3.94 to $4.25. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
- [F5]These transactions were executed in multiple trades, all at a price of $4.07. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which each of the individual transactions was effected.