PLAYSTUDIOS (MYPS) CFO reports planned share sales at ~$0.66
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. (MYPS) chief financial officer Scott E. Peterson reported open-market sales of Class A common stock by the Scott E. Peterson Trust under a pre-arranged Rule 10b5-1 trading plan. The trust sold 30,000 shares on 11/18/2025 at a weighted average price of $0.67 and another 30,000 shares on 11/19/2025 at a weighted average price of $0.65, leaving 395,517 and then 365,517 shares held by the trust after the respective trades.
The trading plan, adopted on August 7, 2025, allows sales of up to 300,428 shares and is scheduled to end on June 24, 2026. Peterson also reports indirect ownership of 84,416 shares held by his spouse and multiple equity awards, including restricted stock units, performance stock units, stock options, and earnout shares tied to future stock price performance targets.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 30,000 | $0.65 | $20K |
| Sale | Class A Common Stock | 30,000 | $0.67 | $20K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 7, 2025 providing for the sale of up to 300,428 shares of Class A Common Stock. The trading plan is scheduled to terminate on June 24, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.6601 to $0.6825 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.6251 to $0.6758 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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. Reflects shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. On March 11, 2024, the Reporting Person was granted 766,669 unvested unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date: 183,334 Restricted Stock Units vesting on May 15, 2024; 250,001 Restricted Stock Units vesting on May 15, 2025; 166,667 Restricted Stock Units vesting on May 15, 2026; and 166,667 Restricted Stock Units vesting on May 15, 2027. On March 7, 2025, the Reporting Person was granted 333,334 unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 83,333 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on January 15, 2026; 83,334 Restricted Stock Units vesting on January 15, 2027; and 83,333 Restricted Stock Units vesting on January 15, 2028. On March 7, 2025, the Reporting Person was granted 250,000 unvested Performance Stock Units. Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Issuer's Board of Directors, for the fiscal year ending December 31, 2025. Payable in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer.
FAQ
What insider transaction did MYPS disclose in this Form 4?
The filing shows that Scott E. Peterson, CFO of PLAYSTUDIOS (MYPS), reported sales of Class A common stock by the Scott E Peterson Trust. The trust sold 30,000 shares on 11/18/2025 at a weighted average price of $0.67 and 30,000 shares on 11/19/2025 at a weighted average price of $0.65.
Was the MYPS insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were made under a Rule 10b5-1 trading plan adopted by the reporting person on August 7, 2025. The plan provides for the sale of up to 300,428 shares of Class A common stock and is scheduled to terminate on June 24, 2026.
What derivative or equity awards in MYPS does the CFO report owning?
The reporting person lists several derivative holdings, including restricted stock units, performance stock units, stock options with exercise prices such as $1.01 and $1.44, and earnout shares that may vest based on future MYPS share price targets. These awards are settled in Class A common stock, subject to vesting and performance conditions described in the footnotes.
How do the MYPS performance stock units for the CFO vest?
The filing states that 250,000 performance stock units granted on March 7, 2025 each represent the right to receive up to one share of Class A common stock. The actual shares issued will depend on achievement of pre-established performance metrics for the fiscal year ending December 31, 2025, as determined by the Compensation Committee.