Motorsport Games (MSGM) awards CFO 25,000 RSU and PSU units
Rhea-AI Filing Summary
Hansen-Chambers Peter reported acquisition or exercise transactions in this Form 4 filing.
Motorsport Games Inc. reported that Chief Financial Officer Peter Hansen-Chambers received two equity grants of Class A Common Stock units on July 30, 2026: 12,500 time-based restricted stock units and 12,500 performance-based restricted stock units. The time-based RSUs vest in three tranches tied to anniversaries of the grant date and any Change of Control, while the performance-based units are earned based on total shareholder return over a three-year performance period and vest at its end, subject to continued service or earlier Change of Control conditions.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 25,000 shares
Net Buy
2 txns
Insider
Hansen-Chambers Peter
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 12,500 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2 | 12,500 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 25,000 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. The RSUs vest (i) 4,133 shares on the first anniversary of the date of grant, (ii) 4,133 shares on the earlier of a Change of Control (as defined in the Amended and Restated 2021 Equity Incentive Plan) and the second anniversary of the date of grant, and (iii) 4,134 shares on the earlier of a Change of Control and the first anniversary of the date of grant.
- F2. Represents 12,500 performance-based restricted stock units ("PSUs") granted under the Plan. The number of PSUs earned is based on the Company's total shareholder return measured over a three-year performance period, with one-third of the target PSUs measured with respect to each of Year 1, Year 2, and Year 3. Any earned PSUs remain subject to a service-based vesting condition and do not vest until the end of the three-year performance period, subject to Mr. Hansen-Chambers' continued employment through such date, or earlier upon a Change of -Control, subject to his continued service through the applicable vesting date.
Key Figures
Time-based RSUs granted: 12,500 units
Performance-based PSUs granted: 12,500 units
First RSU vesting tranche: 4,133 shares
+3 more
6 metrics
Time-based RSUs granted
12,500 units
Restricted stock units representing Class A Common Stock granted to the CFO on July 30, 2026
Performance-based PSUs granted
12,500 units
Performance-based restricted stock units granted under the Amended and Restated 2021 Equity Incentive Plan
First RSU vesting tranche
4,133 shares
Vests on the first anniversary of the date of grant
Second RSU vesting tranche
4,133 shares
Vests on the earlier of a Change of Control and the second anniversary of grant
Third RSU vesting tranche
4,134 shares
Vests on the earlier of a Change of Control and the first anniversary of grant
PSU performance period
three years
Total shareholder return measured over a three-year performance period for the PSUs
Key Terms
restricted stock unit ("RSU"), performance-based restricted stock units ("PSUs"), total shareholder return, Change of Control, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
performance-based restricted stock units ("PSUs") financial
"Represents 12,500 performance-based restricted stock units ("PSUs") granted under the Plan."
Change of Control financial
"on the earlier of a Change of Control (as defined in the Amended and Restated 2021 Equity..."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
service-based vesting condition financial
"Any earned PSUs remain subject to a service-based vesting condition and do not vest until..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did MSGM grant to its CFO Peter Hansen-Chambers?
Motorsport Games granted its CFO 12,500 restricted stock units (RSUs) and 12,500 performance-based restricted stock units (PSUs), each representing a contingent right to receive one share of Class A Common Stock, subject to vesting conditions.
How do the time-based RSUs granted to MSGM’s CFO vest?
The RSUs vest in three tranches: 4,133 shares on the first anniversary of grant, 4,133 shares on the earlier of a Change of Control and the second anniversary, and 4,134 shares on the earlier of a Change of Control and the first anniversary.
What performance conditions apply to the PSUs granted by MSGM to its CFO?
The 12,500 PSUs are earned based on the Company’s total shareholder return measured over a three-year performance period, with one-third of target PSUs evaluated for each of Year 1, Year 2 and Year 3.
When do the earned PSUs for MSGM’s CFO actually vest?
Any PSUs earned based on total shareholder return remain subject to a service-based vesting condition and do not vest until the end of the three-year performance period, or earlier upon a Change of Control, subject to continued service through the applicable vesting date.
Does this MSGM Form 4 show any stock sales or purchases on the market?
No market purchases or sales are reported. The Form 4 shows two acquisitions of Class A Common Stock units through grants (RSUs and PSUs), with no buy or sell transactions and no derivative exercises disclosed.
Are the new MSGM equity awards to the CFO contingent on his continued employment?
Yes. Both the RSUs and any earned PSUs require Mr. Hansen-Chambers’ continued service through the relevant vesting dates, though vesting may accelerate upon a qualifying Change of Control under the company’s equity plan.