ZOI MIKE 4
4 · Motorsport Games Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Motorsport Games (MSGM) 10% Owner Mike Zoi Sells Shares
What Happened
Mike Zoi, a 10% owner (indirectly via Driven Lifestyle Group LLC), sold a total of 144,844 shares of Motorsport Games Inc. (Class A common stock) in open‑market transactions executed March 5, 6 and 9, 2026. Reported blocks: 90,900 shares at a weighted average $4.49 for $408,141; 29,224 shares at $4.70 for $137,353; and 24,720 shares at $4.84 for $119,645 — total proceeds about $665,139. These were sales (not purchases).
Key Details
- Transaction dates & reported weighted averages:
- 2026-03-05: 90,900 shares @ $4.49 = $408,141 (prices in that block ranged $4.13–$4.80 per footnote)
- 2026-03-06: 29,224 shares @ $4.70 = $137,353 (prices ranged $4.36–$4.84)
- 2026-03-09: 24,720 shares @ $4.84 = $119,645 (prices ranged $4.45–$4.97)
- Total shares sold: 144,844; total proceeds: ~$665,139.
- These sales were executed under a Rule 10b5‑1 trading plan adopted by the reporting person on December 31, 2025 (per footnote).
- Shares are owned directly by Driven Lifestyle Group LLC and indirectly by Mike Zoi as manager (per footnote).
- The filing was made on 2026-03-09 (period of report includes 2026-03-05); the Form 4 appears to have been filed timely.
- The filing lists weighted average prices; the reporting person offers to provide a per‑trade price breakdown on request.
Context
As a 10% owner (via an entity), Zoi’s sales are institutional/ownership transactions rather than an executive grant or exercise. Sales conducted under a prearranged 10b5‑1 plan are scheduled trades and do not necessarily indicate a change in sentiment. The weighted averages and noted price ranges indicate each reported block was executed in multiple trades. For full post‑sale holdings and further detail, consult the complete Form 4 filing.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-05$4.49/sh−90,900$408,141→ 1,245,364 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F4][F3]2026-03-06$4.70/sh−29,224$137,353→ 1,216,140 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F5][F3]2026-03-09$4.84/sh−24,720$119,645→ 1,191,420 total(indirect: By LLC)
Footnotes (5)
- [F1]Represents shares of the Issuer's Class A common stock sold by the reporting person in accordance with a Rule 10b5-1 trading arrangement adopted by the reporting person on December 31, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.13 through $4.80. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]These shares are owned directly by Driven Lifestyle Group LLC, and indirectly by Mike Zoi as Manager of Driven Lifestyle Group LLC.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.36 through $4.84. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.45 through $4.97. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.