ZOI MIKE 4

What Happened

• Mike Zoi, a >10% owner of Motorsport Games (MSGM) and Manager of Driven Lifestyle Group LLC, sold a total of 24,024 shares of the company’s Class A common stock in three open‑market transactions between Feb 25–27, 2026. The reported proceeds across the three trades total approximately $86,951.
• Individual trades reported: 9,362 shares at a weighted average $3.58 (≈ $33,516), 5,059 shares at $3.52 (≈ $17,808), and 9,603 shares at $3.71 (≈ $35,627). All transactions are coded “S” (sales).

Key Details

• Dates and prices:
  • 2026-02-25 — 9,362 shares @ $3.58 (weighted avg; actuals ranged $3.53–$3.66) (F2)
  • 2026-02-26 — 5,059 shares @ $3.52 (weighted avg; actuals ranged $3.40–$3.685) (F4)
  • 2026-02-27 — 9,603 shares @ $3.71 (weighted avg; actuals ranged $3.59–$3.93) (F5)
• Ownership after transaction: The sold shares were owned directly by Driven Lifestyle Group LLC; Mike Zoi holds indirect ownership as Manager (F3). The Form 4 does not disclose total remaining shares held after these sales in the summary provided here.
• Notable footnotes: Sales were made under a Rule 10b5‑1 trading plan adopted Dec 31, 2025 (F1). Several weighted‑average prices are reported with ranges; full per‑price breakdowns are available upon request to the company or SEC staff (F2, F4, F5).
• Timeliness: Form 4 was filed on Feb 27, 2026 and covers trades from Feb 25–27, 2026; the filing appears timely under Form 4 reporting rules.

Context

• These are open‑market sales by a substantial (10%+) owner executed pursuant to a pre‑arranged 10b5‑1 plan. Such sales may be routine for liquidity or portfolio management and do not, by themselves, indicate insider sentiment about the company’s prospects.