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

What Happened

• Red Oak Partners, LLC (reported as a 10% owner) made multiple open‑market purchases of Motorsport Games, Inc. (MSGM) common stock on August 20–21, 2026. The filing reports four acquisitions totaling 28,355 shares for an aggregate cost of approximately $108,501. Breakdowns reported in the filing:
  • 17,949 shares @ $3.86 = $69,319 (Aug 20)
  • 5,194 shares @ $3.86 = $20,059 (Aug 20)
  • 3,410 shares @ $3.67 = $12,511 (Aug 21)
  • 1,802 shares @ $3.67 = $6,612 (Aug 21)
• These were purchases (transaction code P), which investors often view as a more informative signal than routine sales, though purchases by an institutional holder do not guarantee future performance.

Key Details

• Transaction dates: August 20–21, 2026.
• Prices and ranges: Filing reports weighted‑average prices of $3.86 (Aug 20 trades) and $3.67 (Aug 21 trades). Footnotes state individual trades were executed in ranges of $3.80–$3.90 (F4) and $3.60–$3.875 (F5); the reporting persons will provide full per‑trade breakdown on request.
• Total shares purchased: 28,355; total reported value: ≈ $108,501.
• Shares owned after transaction: Not specified in the information provided in this summary (not disclosed in the excerpt).
• Filings/timeliness: Form 4 was filed Aug 24, 2026. Transactions on Aug 20–21 were reported within the normal Form 4 filing window (filing appears timely).
• Reporting structure: Footnotes indicate Red Oak Partners, LLC serves as general partner of The Red Oak Fund, LP and The Red Oak Long Fund, LP (the direct owners). David Sandberg is the managing member/portfolio manager. The filing includes a standard disclaimer about beneficial ownership (F3).

Context

• This activity comes from a 10% holder and affiliated investment funds, not an individual company executive; it's institutional trading rather than insider executive trades. Institutional buys can reflect increased exposure or conviction but should be considered with broader research.
• The filing notes multiple individual trades aggregated to weighted averages in the table; full per‑trade prices and counts are available from the reporting persons upon request per the footnotes.