Red Oak Partners, LLC 4

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.