4Filed Aug 2, 8:00 PM ET

Motorsport Games Director Huang Guoquan Receives RSU Award

$MSGM · Motorsport Games Inc.

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Motorsport Games Director Huang Guoquan Receives RSU Award

What Happened

  • Director Huang Guoquan received a grant of 64,663 restricted stock units (RSUs) on July 30, 2026. The RSUs were granted at $0.00 per unit (no cash paid) and represent contingent rights to receive one share of Class A common stock per RSU. The grant is recorded as an Award/Grant (code A) in the Form 4.

Key Details

  • Transaction date: 2026-07-30; Form 4 filed: 2026-08-03 (filed within the typical two-business-day window — timely).
  • Grant amount and price: 64,663 RSUs at $0.00; aggregate cash value at grant reported as $0.
  • Shares owned after transaction: Not disclosed in the provided filing data.
  • Footnote: Each RSU vests on the earlier of January 1, 2027, or the occurrence of a Change of Control, and is subject to the director’s continued service through the applicable vesting date (per F1).
  • No sale, purchase, tax withholding, or 10b5-1 plan noted in this filing.

Context

  • RSUs are a form of equity compensation that give the holder a contingent right to receive shares in the future if vesting conditions are met; they do not represent immediate share ownership or a cash transaction at grant. This grant does not indicate an open-market purchase or sale by the director.