ZOI MIKE 4
4 · Motorsport Games Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Motorsport Games (MSGM) 10% Owner Mike Zoi Sells 31,131 Shares
What Happened
Mike Zoi, a 10% owner of Motorsport Games (MSGM) acting through Driven Lifestyle Group LLC (of which he is the manager), sold 31,131 shares of the issuer's Class A common stock on March 10, 2026. The filing reports a weighted-average sale price of $4.51, for total proceeds of $140,401. The sales were executed under a Rule 10b5-1 trading arrangement adopted December 31, 2025.
Key Details
- Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-12; appears timely within the two-business-day reporting window).
- Transaction type: Sale (S) — open market/private sale.
- Shares sold: 31,131; weighted-average price: $4.51; total proceeds: $140,401.
- Price range: sales occurred across multiple trades at prices from $4.22 to $4.92 (weighted avg reported; reporting person will provide breakdown on request per the filing).
- Ownership: These shares were owned directly by Driven Lifestyle Group LLC and indirectly by Mike Zoi as Manager (footnote). The filing does not list the number of shares owned after the transaction.
- Notable footnote: Sale executed pursuant to a 10b5-1 plan adopted 2025-12-31 (routine plan-based selling).
Context
- A 10b5-1 trading plan is a pre-arranged program that allows insiders to sell shares at scheduled times and is commonly used to avoid allegations of trading on nonpublic information; it does not necessarily indicate a change in the insider’s view of the company.
- As a 10% owner rather than an executive-only disclosure, this reflects transactions by a principal holder via its LLC.
Insider Transaction Report
Form 4
ZOI MIKE
10% Owner
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-10$4.51/sh−31,131$140,401→ 1,158,848 total(indirect: By LLC)
Footnotes (3)
- [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 $4.22 through $4.92. 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.
Signature
/s/ Mike Zoi|2026-03-12