Red Oak funds buy Motorsport Games (MSGM) shares near $4
Rhea-AI Filing Summary
Motorsport Games Inc. (MSGM) had insider-related entities associated with major holder Red Oak Partners, LLC report open-market purchases of its Class A common stock. On August 17 and 18, 2026, The Red Oak Fund, LP and The Red Oak Long Fund, LP bought an aggregate 30,113 shares at weighted average prices of $3.865 and $3.998 per share, executed in multiple trades within disclosed price ranges. The reporting persons state that beneficial ownership is disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,113 shares
Net Buy
4 txns
Insider
Red Oak Partners, LLC
Role
10% Owner
Bought
30,113 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock F4, F1, F3 | 12,815 | $3.998 | $51K |
| Purchase | Class A common stock F4, F2, F3 | 6,894 | $3.998 | $28K |
| Purchase | Class A common stock F5, F1, F3 | 6,765 | $3.865 | $26K |
| Purchase | Class A common stock F5, F2, F3 | 3,639 | $3.865 | $14K |
Holdings After Transaction:
Class A common stock — 315,461 shares (Indirect, By The Red Oak Fund, LP directly);
Class A common stock — 173,233 shares (Indirect, By The Red Oak Long Fund, LP directly)
Footnotes (5)
- 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.
- 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.
- 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.
- F4. These transactions were executed in multiple trades at prices ranging from $3.985 to $4.00. 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.
- F5. These transactions were executed in multiple trades at prices ranging from $3.795 to $3.88. 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.
Key Figures
Total shares purchased: 30,113 shares
Shares purchased 2026-08-18 (Red Oak Fund, LP): 12,815 shares
Shares purchased 2026-08-18 (Red Oak Long Fund, LP): 6,894 shares
+4 more
7 metrics
Total shares purchased
30,113 shares
Aggregate open-market purchases on August 17–18, 2026 by Red Oak-related funds
Shares purchased 2026-08-18 (Red Oak Fund, LP)
12,815 shares
Class A common stock purchased indirectly at weighted average $3.998 per share
Shares purchased 2026-08-18 (Red Oak Long Fund, LP)
6,894 shares
Class A common stock purchased indirectly at weighted average $3.998 per share
Shares purchased 2026-08-17 (Red Oak Fund, LP)
6,765 shares
Class A common stock purchased indirectly at weighted average $3.865 per share
Shares purchased 2026-08-17 (Red Oak Long Fund, LP)
3,639 shares
Class A common stock purchased indirectly at weighted average $3.865 per share
Price range 2026-08-18 trades
$3.985–$4.00 per share
Multiple trades with weighted average $3.998 per share, as disclosed in footnote F4
Price range 2026-08-17 trades
$3.795–$3.88 per share
Multiple trades with weighted average $3.865 per share, as disclosed in footnote F5
Key Terms
weighted average purchase price, pecuniary interest, beneficial ownership, Section 16 of the Securities and Exchange Act of 1934
4 terms
weighted average purchase price financial
"The price reported...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.
pecuniary interest financial
"disclaims beneficial ownership...except to the extent of their pecuniary interest"
beneficial ownership regulatory
"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.
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 activity did MSGM report for Red Oak Partners on this Form 4?
Red Oak-related funds reported open-market purchases of Motorsport Games Inc. Class A stock. On August 17–18, 2026, they acquired a combined 30,113 shares at weighted average prices of $3.865 and $3.998 per share, across multiple trades.
Were the MSGM insider purchases made in single trades or multiple trades?
Each reported block was executed in multiple trades within specified price ranges. August 18 trades ranged from $3.985–$4.00, and August 17 trades ranged from $3.795–$3.88, with the Form 4 reporting weighted average purchase prices for each block.
Were the MSGM purchases on this Form 4 under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5‑1 box is not checked. There is no footnote stating the transactions were made under a pre-arranged trading plan, so they are reported simply as open-market or private purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
