Overview
Mike Zoi, an indirect owner of roughly 10% of Motorsport Games Inc. (NASDAQ: MSGM), has sold a total of 144,844 shares of the company’s Class A Common Stock in three separate trades conducted between March 5 and March 9, 2026. The combined proceeds from those transactions amounted to $665,138.
Transaction details
The first sale occurred on March 5, when Zoi disposed of 90,900 shares at a weighted average price of $4.49, with individual trade prices in that transaction ranging from $4.13 to $4.80. The second sale took place on March 6 and comprised 29,224 shares at a weighted average price of $4.70, with prices in that batch between $4.36 and $4.84. The final tranche was sold on March 9, with 24,720 shares sold at a weighted average price of $4.84, and those trades priced between $4.45 and $4.97.
Ownership and trading plan
According to the disclosures, Zoi’s holdings are held indirectly through Driven Lifestyle Group LLC. These dispositions were carried out under a pre-arranged Rule 10b5-1 trading plan that was adopted on December 31, 2025. After completing the three transactions, Zoi remains an indirect holder of 1,191,420 shares of Motorsport Games Inc.
Context from data cited
Filing-related notes included InvestingPro figures indicating that Motorsport Games’ stock has climbed 278% over the last year and by 30% in the past week. That same data source is cited as stating the stock is trading above its Fair Value estimate.
Where to find more analysis
The filings reference a Pro Research Report available on InvestingPro for more detailed valuation work and analysis of MSGM, though the specifics of that report are not included in the disclosure filings summarized here.
Takeaway
These transactions document an insider sale program executed over three days under a pre-established plan, with the seller retaining a substantial remaining interest in the company. The filings also note recent strong price appreciation and indicate an external platform’s view that the shares are trading above its Fair Value benchmark.