STOCK TITAN

Motorsport Games (MSGM) holder sells shares back to company, ends Class B stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Motorsport Games Inc. received a major share repurchase from a key holder. On April 23, 2026, Driven Lifestyle Group LLC sold 904,395 shares of Class A common stock back to the company under a privately negotiated Share Repurchase Agreement. Following this transaction, Driven Lifestyle and Mike Zoi together beneficially own 254,453 Class A shares, representing about 5.0% of the outstanding Class A stock, with shared voting and dispositive power. As part of the deal, 700,000 shares of Class B common stock tied to IPO-acquired Class A shares were cancelled, so the reporting persons no longer hold any Class B shares. A previously adopted Rule 10b5-1 trading plan covering 1,480,385 Class A shares was also terminated on April 23, 2026.

Positive

  • None.

Negative

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Insights

Large holder sells shares back to Motorsport Games and ends super-voting stake.

The filing shows Driven Lifestyle Group LLC and Mike Zoi reduced their position in Motorsport Games through a company share repurchase. They sold 904,395 Class A shares in a privately negotiated off‑market transaction, leaving them with 254,453 Class A shares, or about 5.0% of that class.

The transaction also cancels 700,000 Class B shares attributable to IPO-acquired Class A, meaning the reporting persons no longer hold any Class B stock. This shifts their role from a larger, dual‑class holder to a smaller, single‑class holder while ending a Rule 10b5‑1 plan that had covered 1,480,385 Class A shares. Future ownership changes will depend on any additional open‑market or negotiated trades disclosed in later reports.

Shares repurchased by issuer 904,395 shares Class A common stock sold by Driven Lifestyle to Motorsport Games on April 23, 2026
Shares sold under repurchase agreement 1,158,848 shares Total Class A shares sold pursuant to the Share Repurchase Agreement
Remaining beneficial ownership 254,453 shares Class A shares beneficially owned by reporting persons after transactions
Ownership percentage 5.0% Portion of outstanding Class A common stock held by reporting persons
Cancelled Class B shares 700,000 shares Class B common stock cancelled under certificate of incorporation
Shares covered by 10b5-1 plan 1,480,385 shares Class A shares covered by Driven Lifestyle’s Rule 10b5-1 plan before termination
Schedule 13D/A regulatory
"The persons filing this /A are Driven Lifestyle Group LLC, a Florida limited liability company"
A Schedule 13D/A is an amended disclosure filed with regulators by an investor who already reported owning more than 5% of a company’s shares and needs to update their original filing. Think of it as a public status update that tells markets whether the investor’s ownership, plans, or source of funds have changed; such updates matter because they can signal a push for control, major strategic moves, or increased pressure on management, which can affect stock prices.
Rule 10b5-1 trading arrangement regulatory
"Driven Lifestyle adopted a Rule 10b5-1 trading arrangement (the "Rule 10b5-1 Plan") that covered 1,480,385 shares"
Share Repurchase Agreement financial
"pursuant to Share Repurchase Agreement between Driven Lifestyle and the Issuer, dated as of April 22, 2026"
A share repurchase agreement is a contract where a company agrees to buy back its own shares from existing holders under specified terms, such as price and timing. For investors this matters because buying back shares reduces the number of shares available, which can increase earnings per share and raise the value of remaining shares, but it also uses the company’s cash—similar to a store buying back products to shrink supply and potentially lift prices.
Class B common stock financial
"the Reporting Persons' 700,000 shares of the Company's Class B common stock (the "Class B Common Stock") attributable"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
beneficially own financial
"The Reporting Persons beneficially own 254,453 shares of Class A Common Stock, representing approximately 5.0%"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
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62011B201

(CUSIP Number)
Mike Zoi
5972 NE 4th Avenue,
Miami, FL, 33137
(305) 507-8799

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
04/23/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Driven Lifestyle Group LLC
Signature:/s/ Mike Zoi
Name/Title:Mike Zoi, Manager
Date:04/27/2026
Mike Zoi
Signature:/s/ Mike Zoi
Name/Title:Mike Zoi
Date:04/27/2026