secwatch.observer — SEC 8-K summary
======================================

Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0001493152-25-012742
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Motorsport Games raises CEO salary to $485k, CFO to $300k; approves 2025 bonus metrics
--------------------------------------------------------------------------------

- CEO base salary increased to $485,000 and CFO to $300,000, effective September 1, 2025.
- Catch-up bonuses for 2024: CEO $50k, CFO $30k, payable in September 2025.
- 2025 annual bonus set at 50% of CEO base salary, 20% of CFO base, with four equal-weight metrics.
- Board cash retainers raised from $25k to $40k annually; committee and chairman fees adjusted.
- No equity grants in 2024 or 2025 due to insufficient shares under the Incentive Plan; obligations preserved upon Change of Control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315225012742/0001493152-25-012742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315225012742/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-012742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer