secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001493152-26-014925
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Motorsport Games enters new employment agreements with CEO and CFO
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- CEO Stephen Hood receives GBP 378,000 base salary, target cash bonus of 50% of base.
- CFO Stanley Beckley receives USD 300,000 base salary, target cash bonus of 25% of base.
- CEO termination requires 6 months' notice by executive, 18 months by company; payment in lieu possible.
- CFO severance of 6 months' base salary if terminated without cause or for good reason; equity vests on change in control.
- Both executives subject to 12-18 month non-compete, non-solicit, and perpetual confidentiality.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315226014925/0001493152-26-014925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315226014925/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-014925

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