[Form 4] Allied Gaming & Entertainment Inc. Insider Trading Activity

Rhea-AI Filing Summary

Roy Choi and Knighted Pastures LLC reported multiple dispositions of Allied Gaming & Entertainment Inc. (AGAE) common stock on Form 4. The filings record eight gift transactions on 08/28/2025 and 08/29/2025 totaling 8,345,118 shares disposed of at a $0 price, described as bona fide gifts to charitable organizations. Post-transaction beneficial ownership figures are included for each line, and both Roy Choi and Knighted Pastures disclaim beneficial ownership except to the extent of any pecuniary interest. The Form 4s are signed and dated 09/02/2025.

Positive

• Disclosures identify the transactions as bona fide gifts to charitable organizations under Code G(1).
• Form 4s include specific transaction dates (08/28/2025 and 08/29/2025) and line-by-line post-transaction holdings.
• The filings are signed by Roy Choi and by Knighted Pastures LLC (Roy Choi, managing member) dated 09/02/2025.

Negative

• A substantial number of shares were disposed of: total 8,345,118 shares transferred at $0, reducing reported beneficial holdings.
• Multiple large dispositions occurred over two consecutive dates, which may materially change ownership percentages (specific prior holdings not provided in this filing).

Insights

Financial Analyst

TL;DR: Insider reported large share gifts totaling 8.35M AGAE shares across two dates; transactions were disclosed and priced at $0.

The Form 4 shows eight dispositions classified under Code G(1), indicating transfers pursuant to bona fide gifts. The aggregate quantity of shares transferred equals 8,345,118, with individual line items and resulting post-transaction holdings reported. For investors this is a clear disclosure of insider transfers but the filing contains no information about market sales, consideration, or any change in company operations or financials. All actions are documented with signatures from Roy Choi and Knighted Pastures LLC.

Corporate Governance Expert

TL;DR: Proper Section 16 disclosure of charitable gifts; reporting person disclaims beneficial ownership except for pecuniary interest.

The Form 4s use the appropriate Code G(1) to indicate gifts and include explicit explanations stating the transfers were to charitable organizations and disclaimers of beneficial ownership. The filings include dates of transactions (08/28/2025 and 08/29/2025), line-by-line post-transaction holdings, and manual signatures dated 09/02/2025. From a governance perspective, the disclosures appear complete for the reported transactions; the document contains no further governance actions or changes in control.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Choi Roy

(Last) (First) (Middle)

1933 S. BROADWAY

SUITE 746

(Street)

LOS ANGELES CA 90007

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Allied Gaming & Entertainment Inc. [ AGAE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share	08/28/2025		G(1)		1,600,000	D	$0	7,306,270	I	By: Knighted Pastures LLC, of which Roy Choi is the managing member
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		3,800,000	D	$0	3,506,270	I	By: Knighted Pastures LLC, of which Roy Choi is the managing member
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		701,648	D	$0	2,804,622	I	By: Knighted Pastures LLC, of which Roy Choi is the managing member
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		645,000	D	$0	2,159,622	I	By: Knighted Pastures LLC, of which Roy Choi is the managing member
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		579,622	D	$0	1,580,000	I	By: Knighted Pastures LLC, of which Roy Choi is the managing member
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		668,848	D	$0	2,411,305	D
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		200,000	D	$0	2,211,305	D
Common Stock, par value $0.0001 per share	08/29/2025		G(1)		150,000	D	$0	2,061,305	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Choi Roy

(Last) (First) (Middle)

1933 S. BROADWAY

SUITE 746

(Street)

LOS ANGELES CA 90007

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Knighted Pastures LLC

(Last) (First) (Middle)

1933 S. BROADWAY

SUITE 746

(Street)

LOS ANGELES CA 90007

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The transactions reported on this Form 4 reflect bona fide gifts of the Issuer's securities to charitable organizations. Each of Roy Choi and Knighted Pastures, LLC disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

	/s/ Roy Choi	09/02/2025
	Knighted Pastures, LLC; By: /s/ Roy Choi, managing member of Knighted Pastures, LLC	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Roy Choi report on Form 4 for AGAE?

Roy Choi reported eight dispositions

How many AGAE shares were disposed of in these filings?

8,345,118 shares were disposed of across the reported transactions.

Were these transfers sales or gifts and what price was reported?

The transactions are described as bona fide gifts to charitable organizations and each line shows a reported price of $0.

What dates do the Form 4 transactions cover?

The transactions occurred on 08/28/2025 and 08/29/2025, with the forms signed on 09/02/2025.

Did Roy Choi or Knighted Pastures LLC retain beneficial ownership after these transactions?

The filings state that each disclaims beneficial ownership