Motorsport Games CEO Stephen Hood Receives 100,000-Share RSU Award

What Happened Stephen Hood, CEO of Motorsport Games Inc. (MSGM), was granted 100,000 restricted stock units (RSUs) on July 30, 2026. The RSUs were awarded at $0.00 (no cash paid) and represent a contingent right to receive one share of Class A common stock per RSU when vested. This is a grant/award (not a purchase or sale) and is generally a form of compensation rather than an open‑market investment.

Key Details

• Transaction date: 2026-07-30; Form 4 filed 2026-08-03 (filed on the SEC filing deadline — timely).
• Grant: 100,000 RSUs at $0.00; total immediate cash value reported as $0.
• Vesting: 33,333 RSUs vest on the date of grant; 33,333 vest on the earlier of the 6‑month anniversary of the grant or upon a Change of Control; 33,334 vest on the earlier of the one‑year anniversary of the grant or upon a Change of Control. All vesting is subject to Hood’s continued service through the applicable vesting dates.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Filing exhibits/remarks: Exhibit 24.1 (Power of Attorney) included.

Context

• RSU awards are a common form of executive compensation designed to retain executives and align incentives; they do not require an immediate cash outlay by the insider.
• Because this is an award (code A) rather than a market purchase or sale, it should be interpreted as compensation-related, not a direct signal of personal buying/selling sentiment.