Motorsport Games (MSGM) holder sells 62,828 shares via 10b5-1 plan
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
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Negative
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Insider Trade Summary
| 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 |
Footnotes (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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