STOCK TITAN

Motorsport Games (MSGM) holder sells 62,828 shares via 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Motorsport Games Inc. major shareholder Mike Zoi, through Driven Lifestyle Group LLC, reported indirect open-market sales of a total of 62,828 shares of Class A common stock across several days in late February 2026. The trades were executed under a Rule 10b5-1 trading arrangement adopted on December 31, 2025, meaning they were pre‑scheduled. Reported weighted average sale prices were around $3.29, $3.59, and $3.62 per share, with actual transaction prices ranging between $3.22 and $3.80. Following these sales, Driven Lifestyle Group LLC held 1,417,557 shares of Class A common stock, owned directly by the LLC and indirectly by Zoi as its manager.

Positive

  • None.

Negative

  • None.
Insider ZOI MIKE
Role 10% Owner
Sold 62,828 shs ($224K)
Type Security Shares Price Value
Sale Class A Common Stock 8,960 $3.62 $32K
Sale Class A Common Stock 48,909 $3.59 $176K
Sale Class A Common Stock 4,959 $3.29 $16K
Holdings After Transaction: Class A Common Stock — 1,417,557 shares (Indirect, By Driven Lifestyle Group LLC)
Footnotes (1)
  1. Represents shares of the Issuer's Class A common stock sold by the reporting person in accordance with a Rule 10b5-1 trading arrangement adopted by the reporting person on December 31, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.22 through $3.42. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are owned directly by Driven Lifestyle Group LLC, and indirectly by Mike Zoi as Manager of Driven Lifestyle Group LLC. The shares were previously reported as being owned by Motorsport Network LLC, which changed its name to Driven Lifestyle Group LLC, effective October 27, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.40 through $3.80. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.57 through $3.69. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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FAQ

What insider activity did Motorsport Games (MSGM) report on this Form 4?

Motorsport Games reported that major shareholder Mike Zoi, through Driven Lifestyle Group LLC, sold 62,828 shares of Class A common stock in open‑market transactions. The sales occurred over several days in February 2026 at weighted average prices between about $3.29 and $3.62 per share.

How many Motorsport Games (MSGM) shares were sold and at what prices?

A total of 62,828 Class A shares were sold in three transactions: 4,959 shares at $3.29, 48,909 shares at $3.59, and 8,960 shares at $3.62 weighted average prices. Footnotes state the actual trade ranges spanned from $3.22 up to $3.80 per share.

Who actually owned and sold the Motorsport Games (MSGM) shares on this Form 4?

The shares are owned directly by Driven Lifestyle Group LLC and indirectly by Mike Zoi as its manager. The Form 4 describes Zoi as a 10% owner, and all reported sales were made by this LLC, classified as indirect ownership on the form.

Was the Motorsport Games (MSGM) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote explains the sales represent Class A common stock sold under a Rule 10b5‑1 trading arrangement adopted by the reporting person on December 31, 2025. Such plans pre‑schedule trades, aiming to reduce concerns about trading on non‑public information.

How many Motorsport Games (MSGM) shares does the reporting holder own after these sales?

After the reported transactions, Driven Lifestyle Group LLC held 1,417,557 shares of Motorsport Games Class A common stock. The filing notes these shares are owned directly by the LLC and indirectly by Mike Zoi in his capacity as manager of Driven Lifestyle Group LLC.

Over what dates did the Motorsport Games (MSGM) insider transactions occur?

The Form 4 shows three sale dates: February 20, 2026, February 23, 2026, and February 24, 2026. Each date corresponds to an open‑market sale of Class A common stock, with indirect ownership reported through Driven Lifestyle Group LLC for all transactions.
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
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).
X
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*
ZOI MIKE

(Last) (First) (Middle)
C/O MOTORSPORT GAMES INC,
3350 SW 148TH AVENUE, SUITE 207,

(Street)
MIRAMAR, FL 33027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Motorsport Games Inc. [ MSGM ]
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)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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
Class A Common Stock 02/20/2026 S 4,959(1) D $3.29(2) 1,475,426 I By Driven Lifestyle Group LLC(3)
Class A Common Stock 02/23/2026 S 48,909(1) D $3.59(4) 1,426,517 I By Driven Lifestyle Group LLC(3)
Class A Common Stock 02/24/2026 S 8,960(1) D $3.62(5) 1,417,557 I By Driven Lifestyle Group LLC(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's Class A common stock sold by the reporting person in accordance with a Rule 10b5-1 trading arrangement adopted by the reporting person on December 31, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.22 through $3.42. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. These shares are owned directly by Driven Lifestyle Group LLC, and indirectly by Mike Zoi as Manager of Driven Lifestyle Group LLC. The shares were previously reported as being owned by Motorsport Network LLC, which changed its name to Driven Lifestyle Group LLC, effective October 27, 2023.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.40 through $3.80. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.57 through $3.69. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
/s/ Mike Zoi 02/24/2026
** 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.