Director John Delta Acquires 7,000 MSGM Shares Across Aug 19–20, 2025

Rhea-AI Filing Summary

Insider purchases by a director. Motorsport Games director John Delta reported open-market purchases of common stock on August 19 and August 20, 2025. He acquired 3,500 shares on 08/19/2025 at a weighted-average price of $2.9251 and another 3,500 shares on 08/20/2025 at a weighted-average price of $2.9109, bringing his total reported direct beneficial ownership to 7,000 shares. The filing includes explanations that each reported price is a weighted average across multiple trades within disclosed price ranges. The form is signed and shows the transactions were reported under Section 16.

Positive

• Director purchases shares, which can signal insider confidence and increases director alignment with shareholders
• Transparent pricing disclosure with weighted-average prices and provided price ranges improves traceability of execution
• Form filed and signed, indicating compliance with Section 16 reporting requirements

Negative

• Transaction size is small (7,000 shares total), likely not material to company capitalization or control
• No context on total holdings or percentage ownership beyond the 7,000 shares reported, so materiality to ownership stake is unclear

Insights

Securities Analyst

TL;DR Director John Delta made small, routine open-market purchases totaling 7,000 shares at ~ $2.91–$2.93.

This Form 4 documents non-derivative acquisitions by a director, not an issuance or option exercise. The scale—3,500 shares per day, 7,000 shares total—is modest and does not indicate a material change in ownership for most public companies. The reported weighted-average prices and disclosed intra-day price ranges increase transparency about execution. For holders tracking insider activity, this is a straightforward buy disclosure rather than a strategic transaction such as a large block purchase, secondary sale, or related-party transfer.

Corporate Governance Expert

TL;DR Clean, timely Section 16 filing showing direct beneficial purchases by a director; compliance appears in order.

The filing identifies the reporting person as a director and indicates the Form 4 was filed by one reporting person. The report provides the required explanatory detail on weighted-average pricing across multiple trades and is duly signed. From a governance and disclosure compliance perspective, the document meets standard requirements for transparency about insider purchases and contains no indications of exceptions, amendments, or related-party complexities.

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).

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^*

Delta John

(Last) (First) (Middle)

C/O 5972 NE 4TH AVENUE

(Street)

MIAMI FL 33137

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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
Common Stock	08/19/2025		P		3,500	A	$2.9251(1)	3,500	D
Common Stock	08/20/2025		P		3,500	A	$2.9109(2)	7,000	D

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. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.9130 through $2.9387, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, 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.

2. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.88 through $2.9399, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, 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.

	/s/ John Delta	08/21/2025
	** 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.

FAQ

What did John Delta report on the Form 4 for Motorsport Games (MSGM)?

He reported open-market acquisitions of common stock totaling 7,000 shares: 3,500 shares on 08/19/2025 at a weighted-average price of $2.9251 and 3,500 shares on 08/20/2025 at a weighted-average price of $2.9109.

Does the filing indicate the purchases were part of a 10b5-1 plan?

No. The form includes a checkbox reference to plans but does not indicate these transactions were made pursuant to a Rule 10b5-1 plan.

What ownership form did John Delta report?

The transactions are reported as Direct (D) beneficial ownership for the acquired shares.

Are the reported prices exact trade prices?

The filing states each reported price is a weighted average across multiple transactions and provides the price ranges for those trades.

Was the Form 4 filed by one or multiple reporting persons?

The form indicates it was filed by one reporting person.