---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-012841"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:51:34.588584+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games appoints Stephen Hood as CEO, replacing Dmitry Kozko

## Summary
- Dmitry Kozko terminated without cause as CEO effective April 19; remains as director.
- Stephen Hood, former President, appointed CEO and President effective April 19.
- Hood receives $245K base salary; eligible for market-cap-tied increases up to $500K.
- Hood eligible for one-time cash bonuses at $50M and $300M market cap milestones.
- Hood eligible for stock options at $100M, $250M, and $300M market cap milestones.

## SEC filing metadata
- accession: 0001493152-23-012841
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000149315223012841/0001493152-23-012841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000149315223012841/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-012841
- JSON: https://secwatch.observer/filing/0001493152-23-012841.json
- Plain text: https://secwatch.observer/filing/0001493152-23-012841.txt

## Key facts
- Executive change
  Stephen Hood was appointed as Chief Executive Officer and President at Motorsport Games Inc..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: the board of directors of the Company appointed Stephen Hood as the Company’s new CEO and President effective April 19, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315223012841/0001493152-23-012841-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.