Motorsport Games (NASDAQ: MSGM) holder sells shares under 10b5-1 plan

Rhea-AI Filing Summary

Motorsport Games Inc. large shareholder Driven Lifestyle Group LLC, managed by Mike Zoi, reported an open-market sale of 31,131 shares of Class A common stock on March 10, 2026 at a weighted average price of $4.51 per share.

The shares were sold in multiple trades between $4.22 and $4.92 under a pre-arranged Rule 10b5-1 trading plan adopted on December 31, 2025. After this transaction, Zoi’s indirect holdings through Driven Lifestyle Group LLC total 1,158,848 shares of Class A common stock.

Insider Trade Summary

Net Seller: 31,131 shares ($140,401)

Net Sell 1 txn

Insider ZOI MIKE

Role 10% Owner

Sold 31,131 shs ($140K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	31,131	$4.51	$140K

Holdings After Transaction: Class A Common Stock — 1,158,848 shares (Indirect, By Driven Lifestyle Group LLC)

Footnotes (1)

1. Represents shares of the Issuer's Class A common stock sold by the reporting person in accordance with a Rule 10b5-1 trading arrangement adopted by the reporting person on December 31, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.22 through $4.92. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. 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 set forth in this footnote. These shares are owned directly by Driven Lifestyle Group LLC, and indirectly by Mike Zoi as Manager of Driven Lifestyle Group LLC.

Form 4 Insider Transactions: What Each Field Means →

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^*

ZOI MIKE

(Last) (First) (Middle)

C/O MOTORSPORT GAMES INC,

3350 SW 148TH AVENUE, SUITE 207,

(Street)

MIRAMAR, FL 33027

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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
Class A Common Stock	03/10/2026		S		31,131(1)	D	$4.51(2)	1,158,848	I	By Driven Lifestyle Group LLC(3)

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. Represents shares of the Issuer's Class A common stock sold by the reporting person in accordance with a Rule 10b5-1 trading arrangement adopted by the reporting person on December 31, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.22 through $4.92. The reporting person undertakes to provide to Motorsport Games Inc., any security holder of Motorsport Games Inc. 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 set forth in this footnote.

3. These shares are owned directly by Driven Lifestyle Group LLC, and indirectly by Mike Zoi as Manager of Driven Lifestyle Group LLC.

	/s/ Mike Zoi	03/12/2026
	** 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 insider transaction did Mike Zoi report for MSGM?

Mike Zoi, via Driven Lifestyle Group LLC, reported selling 31,131 Motorsport Games Class A shares. The open-market sale occurred on March 10, 2026 at a weighted average price of $4.51 per share, with individual trades ranging from $4.22 to $4.92.

Was the MSGM share sale by Mike Zoi a planned transaction?

Yes, the sale was executed under a Rule 10b5-1 trading plan. The plan was adopted on December 31, 2025, indicating the trades were pre-arranged rather than timed discretionarily, which typically signals routine portfolio management instead of a reactive market move.

How many MSGM shares does Mike Zoi still indirectly own after this sale?

After the sale, Mike Zoi indirectly owns 1,158,848 Class A shares of Motorsport Games. These shares are held through Driven Lifestyle Group LLC, where he serves as Manager, and the reported transaction reduced, but did not eliminate, this indirect ownership position.

At what prices were the sold MSGM shares traded in this Form 4?

The 31,131 sold MSGM shares had a weighted average price of $4.51. According to the disclosure, individual trades took place in a price range from $4.22 to $4.92, and the reporter offered to provide detailed trade-level data upon request.

Who is the actual holder of the MSGM shares sold in this insider filing?

The shares are owned directly by Driven Lifestyle Group LLC and indirectly by Mike Zoi as its Manager. The Form 4 identifies the ownership as indirect, clarifying that the entity, not Zoi personally, holds legal title to the Motorsport Games Class A shares.