Motorsport Games (MSGM) 10% Owner Red Oak Partners Buys Shares

What Happened
Red Oak Partners, LLC (a 10% owner through affiliated funds) made multiple open-market purchases of Motorsport Games (MSGM) shares on August 17–18, 2026. Transactions reported: 6,765 shares at $3.87 ($26,147); 3,639 shares at $3.87 ($14,065); 12,815 shares at $4.00 ($51,234); and 6,894 shares at $4.00 ($27,562) — totaling 29,113 shares for approximately $119,008. These were purchases (a net buy activity), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction dates: Aug 17, 2026 and Aug 18, 2026. Report filed with the SEC on Aug 19, 2026 (appears timely).
• Reported prices: Aug 17 trades reported at a weighted average $3.87 (individual trades ranged $3.795–$3.88 per footnote); Aug 18 trades reported at a weighted average $4.00 (individual trades ranged $3.985–$4.00 per footnote). The filing offers to provide per-trade prices on request.
• Shares acquired: 29,113 total across four trades; total reported cash outlay ≈ $119,008.
• Shares owned after transaction: not specified in the excerpt of this filing.
• Reporting structure: Red Oak Partners, LLC is the general partner for The Red Oak Fund, LP and The Red Oak Long Fund, LP (the direct owners). David Sandberg is listed as the managing member/portfolio manager. The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest (standard institutional disclosure).

Context

• These purchases were made by an institutional 10% owner through funds (not an individual corporate executive), so interpret as institutional buying rather than insider executive sentiment.
• No option exercises, gifts, or tax-withholding events are involved — only open-market purchases (transaction code P).
• Filing appears timely (filed Aug 19 for trades on Aug 17–18).