STOCK TITAN

Red Oak boosts Motorsport Games (NASDAQ: MSGM) stake with 12K buy

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Motorsport Games Inc. (MSGM) had insider activity reported by ten percent owner Red Oak Partners, LLC, related to purchases made indirectly through The Red Oak Fund, LP and The Red Oak Long Fund, LP. Across August 27–31, 2026, these entities purchased a total of 12,162 shares of Class A common stock in open-market transactions at weighted-average prices around $3.90–$3.93 per share, executed in multiple trades within disclosed price ranges. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Red Oak Partners, LLC
Role 10% Owner
Bought 12,162 shs ($48K)
Type Security Shares Price Value
Purchase Class A common stock F5, F1, F3 2,979 $3.931 $12K
Purchase Class A common stock F5, F2, F3 1,575 $3.931 $6K
Purchase Class A common stock F5, F1, F3 2,831 $3.913 $11K
Purchase Class A common stock F5, F2, F3 1,497 $3.913 $6K
Purchase Class A common stock F4, F1, F3 2,146 $3.90 $8K
Purchase Class A common stock F4, F2, F3 1,134 $3.90 $4K
Holdings After Transaction: Class A common stock — 344,776 shares (Indirect, By The Red Oak Fund, LP directly); Class A common stock — 184,435 shares (Indirect, By The Red Oak Long Fund, LP directly)
Footnotes (5)
  1. F1. Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
  2. F2. ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
  3. F3. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
  4. F4. These transactions were executed in multiple trades at prices ranging from $3.895 to $3.900. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
  5. F5. These transactions were executed in multiple trades at prices ranging from $3.880 to $3.950. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
Total shares purchased 12,162 shares of Class A common stock Aggregate open-market purchases by entities associated with Red Oak Partners, LLC over August 27–31, 2026
August 27, 2026 purchases (Red Oak Fund and Long Fund) 2,146 shares at $3.900 and 1,134 shares at $3.900 per share Two open-market purchases on August 27, 2026, with trades ranging from $3.895 to $3.900
August 28, 2026 purchases (Red Oak Fund and Long Fund) 2,831 shares at $3.913 and 1,497 shares at $3.913 per share Two open-market purchases on August 28, 2026, with trades within a disclosed price range
August 31, 2026 purchases (Red Oak Fund and Long Fund) 2,979 shares at $3.931 and 1,575 shares at $3.931 per share Two open-market purchases on August 31, 2026, with trades ranging from $3.880 to $3.950
Price range for August 27 trades $3.895–$3.900 per share Footnote F4 specifies the trade price range, with $3.900 reported as weighted average
Price range for August 28 and 31 trades $3.880–$3.950 per share Footnote F5 specifies the trade price range, with weighted-average prices reported in Table I
weighted average purchase price financial
"The price reported in Column 4 of Table I reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
beneficial ownership regulatory
"Each Reporting Person disclaims beneficial ownership of all securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of their pecuniary interest therein, if any"
Section 16 of the Securities and Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities and Exchange Act of 1934"

FAQ

What insider transactions in MSGM did Red Oak Partners, LLC report on this Form 4?

Red Oak Partners, LLC reported six open-market purchases of Motorsport Games Inc. Class A common stock on August 27, 28, and 31, 2026, through The Red Oak Fund, LP and The Red Oak Long Fund, LP, totaling 12,162 shares acquired indirectly.

How many MSGM shares were purchased in total according to this Form 4?

The filing reports that entities associated with Red Oak Partners, LLC purchased a total of 12,162 shares of Motorsport Games Inc. Class A common stock in open-market transactions over August 27–31, 2026.

What prices were paid for the MSGM shares in these insider purchases?

For Motorsport Games Inc. Class A shares, weighted-average prices reported were $3.900, $3.913, and $3.931 per share, with trades executed in ranges of $3.895–$3.900 and $3.880–$3.950, depending on the specific transaction date and entity.

Were the MSGM purchases made directly by Red Oak Partners, LLC?

No. The subject securities were held directly by The Red Oak Fund, LP and The Red Oak Long Fund, LP. Red Oak Partners, LLC serves as general partner of these funds, and the reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest.

Were these MSGM insider trades executed under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these transactions (the box is unchecked), and no footnote states they were made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Red Oak Partners, LLC

(Last)(First)(Middle)
40 SE 5TH STREET
SUITE 502

(Street)
BOCA RATON FLORIDA 33432

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Motorsport Games Inc. [ MSGM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A common stock08/27/2026P2,146A$3.9(4)338,966IBy The Red Oak Fund, LP directly(1)(3)
Class A common stock08/27/2026P1,134A$3.9(4)181,363IBy The Red Oak Long Fund, LP directly(2)(3)
Class A common stock08/28/2026P2,831A$3.913(5)341,797IBy The Red Oak Fund, LP directly(1)(3)
Class A common stock08/28/2026P1,497A$3.913(5)182,860IBy The Red Oak Long Fund, LP directly(2)(3)
Class A common stock08/31/2026P2,979A$3.931(5)344,776IBy The Red Oak Fund, LP directly(1)(3)
Class A common stock08/31/2026P1,575A$3.931(5)184,435IBy The Red Oak Long Fund, LP directly(2)(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
2. ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
3. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
4. These transactions were executed in multiple trades at prices ranging from $3.895 to $3.900. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
5. These transactions were executed in multiple trades at prices ranging from $3.880 to $3.950. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
David Sandberg08/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)