Motorsport Games Appoints CEO Stephen Hood to Board

What Happened

• Motorsport Games Inc. (MSGM) filed an 8-K (Item 5.02) reporting that on June 25, 2026 the Board increased its size to five members and appointed Stephen Hood, the Company’s Chief Executive Officer and President, to the Board as a Class II director. His term expires at the 2028 annual meeting of stockholders and continues until his successor is elected or earlier death, resignation or removal.

Key Details

• Effective date: June 25, 2026.
• Board size: Increased to five directors.
• Director term: Class II term expires at the 2028 annual meeting.
• Compensation & disclosures: Mr. Hood will not receive additional compensation for board service and will continue under his existing employment agreement; the filing states there are no related arrangements, family relationships, or transactions requiring Item 404(a) disclosure.

Why It Matters

• The filing formally documents that the CEO has been added to the company’s Board and that the board’s size and class composition have changed. For investors, this clarifies governance structure, director term timing, and that the appointment does not add director pay or introduce reportable related-party transactions per the company’s disclosures.