MSGM 10% Owner Red Oak Partners Buys 2,149 Shares

What Happened
Red Oak Partners, LLC (a reported 10% owner) purchased a total of 2,149 shares of Motorsport Games, Inc. (MSGM) in open-market transactions on September 1, 2026. The Form 4 reports two purchases: 1,406 shares and 743 shares, both reported at a weighted-average price of $3.95, for a combined cash outlay of approximately $8,482. These were purchases (code P), which are generally viewed as an acquisition of stock rather than a sale.

Key Details

• Transaction date: September 1, 2026. Form 4 filed September 3, 2026 (no indication in the filing of a late report).
• Prices: trades executed in multiple fills at prices ranging $3.91–$3.95; the filing shows a weighted average price of $3.95.
• Shares acquired: 1,406 shares and 743 shares — total 2,149 shares. Total reported value ≈ $8,482.
• Shares owned after transaction: not disclosed in the provided filing details.
• Notable footnotes:
  • F1/F2: Red Oak Partners (ROP) is the general partner for two funds (The Red Oak Fund, LP and The Red Oak Long Fund, LP); David Sandberg is ROP’s managing member and portfolio manager for the funds.
  • F3: The reporting person disclaims beneficial ownership except for any pecuniary interest.
  • F4: Confirms the multiple-trade price range ($3.91–$3.95) and that the reported price is a weighted average; ROP will provide details upon request.

Context
This filing reflects institutional/investment-fund buying by a reported 10% owner (through its general partner) rather than an individual executive. Purchases can indicate interest from an institutional holder but do not, by themselves, reveal motivation or future plans. The filing clarifies the trades were open-market purchases executed in multiple fills; no options exercises, awards, or gifts were reported.