Red Oak funds buy 27,744 Motorsport Games shares
Motorsport Games Inc. reported that investment entities affiliated with Red Oak Partners, LLC bought additional Class A common stock in open-market transactions.
Rhea-AI Filing Summary
Motorsport Games Inc. reported that investment entities affiliated with Red Oak Partners, LLC bought additional Class A common stock in open-market transactions. On June 30, 2026, The Red Oak Long Fund, L.P. purchased 9,865 shares at a weighted average price of $3.953 per share, bringing its holdings to 157,033 shares. On the same date, The Red Oak Fund, L.P. purchased 17,879 shares at a weighted average price of $3.953, increasing its holdings to 285,611 shares. The transactions are reported as indirect ownership, and the reporting persons disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,744 shares
Net Buy
2 txns
Insider
Red Oak Partners, LLC
Role
10% Owner
Bought
27,744 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 17,879 | $3.953 | $71K |
| Purchase | Class A common stock | 9,865 | $3.953 | $39K |
Holdings After Transaction:
Class A common stock — 285,611 shares (Indirect, By The Red Oak Fund, L.P. directly);
Class A common stock — 157,033 shares (Indirect, By The Red Oak Long Fund, L.P. directly)
Footnotes (4)
- 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 $3.79 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.
Key Figures
Total shares bought: 27,744 shares
Weighted average price: $3.953 per share
Red Oak Long Fund purchase: 9,865 shares
+3 more
6 metrics
Total shares bought
27,744 shares
Net open-market purchases on June 30, 2026
Weighted average price
<money>$3.953</money> per share
Open-market purchases on June 30, 2026
Red Oak Long Fund purchase
9,865 shares
Class A common stock bought June 30, 2026
Red Oak Long Fund holdings
157,033 shares
Class A common stock after June 30, 2026 trades
Red Oak Fund purchase
17,879 shares
Class A common stock bought June 30, 2026
Red Oak Fund holdings
285,611 shares
Class A common stock after June 30, 2026 trades
Key Terms
open-market purchase, indirect ownership, pecuniary interest, beneficial ownership, +2 more
6 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: indirect; nature_of_ownership describes fund holdings"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of their pecuniary interest therein"
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
"not deemed an admission of beneficial owner for purposes of Section 16 of the Securities and Exchange Act of 1934"
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.
FAQ
What insider transactions did MSGM report for Red Oak funds?
Motorsport Games reported that Red Oak-affiliated funds bought 27,744 MSGM Class A shares in open-market purchases on June 30, 2026, at a weighted average price of $3.953 per share, increasing their indirect holdings in the company.
Are Red Oak’s Motorsport Games holdings direct or indirect?
The Motorsport Games shares are held indirectly through The Red Oak Fund, L.P. and The Red Oak Long Fund, L.P. Red Oak Partners, LLC is general partner of these funds, and the reporting persons describe the funds as the direct owners of the securities.
At what prices were the MSGM insider purchases executed?
The insider purchases were executed in multiple trades between $3.79 and $4.00 per share. The Form 4 reports a weighted average purchase price of $3.953 per share for the June 30, 2026 open-market transactions by the Red Oak-affiliated funds.
AI-generated analysis. How Rhea-AI works. Not financial advice.
