ZOI MIKE 4

What Happened

• Mike Zoi, a 10% owner of Motorsport Games Inc. (MSGM) and Manager of Driven Lifestyle Group LLC, sold 904,395 shares of the issuer's Class A common stock at $4.11 per share for total proceeds of $3,717,063. The sale was reported on Form 4 with a transaction date of April 23, 2026.
• This was a sale (not a purchase); the filing indicates the shares were sold in a privately‑negotiated off‑market transaction as part of a Share Repurchase Agreement dated April 22, 2026.

Key Details

• Transaction date: April 23, 2026; filed with SEC: April 27, 2026 (appears timely).
• Price and amount: 904,395 shares at $4.11 per share; proceeds $3,717,063.
• Ownership after transaction: 5.0% (per filer).
• Ownership structure: The shares are owned directly by Driven Lifestyle Group LLC and indirectly by Mike Zoi as Manager of that LLC.
• Footnotes: Sale executed under a Share Repurchase Agreement (privately‑negotiated off‑market transaction).

Context

• As a 10% owner (an insider but not necessarily an executive trade), this sale reduced Zoi’s stake to 5.0%. The transaction was a company repurchase arrangement rather than an open‑market sale, which is a contractual liquidity event rather than an immediate market signal. Sales are routine liquidity actions and do not by themselves indicate the issuer’s future performance.