Motorsport Games (MSGM) CFO Peter Hansen-Chambers Receives Award

What Happened Peter Hansen-Chambers, Chief Financial Officer of Motorsport Games (MSGM), was granted two equity awards on July 30, 2026: 12,500 restricted stock units (RSUs) and 12,500 performance-based restricted stock units (PSUs). Both grants were recorded as acquisitions at $0.00 per unit (total reported value $0), i.e., these are equity awards rather than cash purchases.

Key Details

• Transaction date: July 30, 2026; Form filed August 3, 2026 (filed within the standard two-business-day Form 4 deadline).
• Award detail: 12,500 RSUs (grant) and 12,500 PSUs (performance-based grant) — 25,000 units total; acquisition price reported as $0.00.
• Vesting/conditions:
  • RSUs (F1): Each RSU converts to one share if vested; vesting scheduled in three tranches per the filing (4,133 / 4,133 / 4,134 shares under the stated conditions).
  • PSUs (F2): 12,500 target PSUs earned based on total shareholder return over a three-year performance period (one-third measured each year); any earned PSUs remain subject to service-based vesting through the end of the performance period (or earlier upon a Change of Control, per the filing).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction type: Award/Grant (code A) — not an open-market buy or sale.

Context

• RSUs and PSUs are common executive compensation tools: RSUs vest based on service or time schedules; PSUs require achievement of performance metrics (here, total shareholder return over three years) before converting to shares.
• Because these are grants (not purchases or sales), they do not directly signal the insider buying or selling stock; they reflect compensation and retention incentives.