4Filed Aug 2, 8:00 PM ET
Motorsport Games Director Delta John Receives RSU Award (62,458)
$MSGM · Motorsport Games Inc.Research Summary
AI-generated summary of this SEC filing
Motorsport Games Director Delta John Receives RSU Award (62,458)
What Happened
- Delta John, a director of Motorsport Games Inc. (MSGM), was granted 62,458 restricted stock units (RSUs) on July 30, 2026. The reported acquisition price is $0.00 (award), so no cash was exchanged at grant. Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-07-30; filing date: 2026-08-03 (Form 4 accession 0001493152-26-035885).
- Award: 62,458 RSUs; reported acquisition price $0.00; total cash paid at grant $0.
- Vesting terms (footnote): RSUs vest on the earlier of January 1, 2027, or a Change of Control, subject to the director’s continued service through the vesting date.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Filing timeliness: Filed on Aug 3, 2026, which is within the two business-day window following the July 30 transaction date.
- Exhibit: Power of Attorney listed (Exhibit 24.1).
Context
- This was an equity award (compensation), not an open-market purchase or sale. Grants of RSUs are common for directors and do not by themselves indicate buying or selling sentiment—value is realized only if and when RSUs vest and convert to shares (and may be subject to tax withholding or other conditions at that time).