4Filed Aug 2, 8:00 PM ET
Motorsport Games Director Huang Guoquan Receives RSU Award
$MSGM · Motorsport Games Inc.Research Summary
AI-generated summary of this SEC filing
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.