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

What Happened
Red Oak Partners, LLC — reported as a 10% owner of Motorsport Games (MSGM) — purchased a total of 12,162 shares in multiple open-market or private transactions between Aug 27 and Aug 31, 2026. Individual reported lots: 2,146 @ $3.90 ($8,369), 1,134 @ $3.90 ($4,423), 2,831 @ $3.91 ($11,078), 1,497 @ $3.91 ($5,858), 2,979 @ $3.93 ($11,710) and 1,575 @ $3.93 ($6,191). Aggregate consideration across these trades is approximately $47,629. These are purchases (code P) — buys rather than sales.

Key Details

• Transaction dates: Aug 27, 2026; Aug 28, 2026; Aug 31, 2026. Filing date: Aug 31, 2026.
• Reported prices (per-lot): $3.90, $3.91, $3.93; filing shows weighted averages and footnotes note trade price ranges of $3.880–$3.950 and $3.895–$3.900 for different groups of trades.
• Shares acquired: 12,162. Total cash spent: ≈ $47,629.
• Ownership after transaction: Not specified in the Form 4 provided.
• Notable footnotes: F1/F2 — the shares are held by two funds (The Red Oak Fund, LP and The Red Oak Long Fund, LP) for which ROP is general partner and David Sandberg is the managing member/portfolio manager; F3 — standard disclaimer limiting claimed beneficial ownership; F4/F5 — weighted-average pricing with willingness to provide detailed per-trade prices on request.
• Transaction type: Institutional purchases by a 10% owner (not an executive). No 10b5‑1 plan, tax withholding, gift, or option exercise indicated.

Context
These are straightforward purchases by an institutional 10% owner (funds managed by Red Oak Partners/David Sandberg). Institutional buys can be of interest to retail investors as a data point, but the filing does not state intent or strategy. The Form 4 was filed the same day as the last reported trade (Aug 31, 2026).