PLAYSTUDIOS (MYPS) CFO trust sells 47,968 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. Chief Financial Officer Scott Edward Peterson reported open-market sales of Class A Common Stock held indirectly through the Scott E Peterson Trust. The trust sold 23,984 shares on April 7, 2026 at a weighted average price of $0.45 per share and 23,984 shares on April 8, 2026 at a weighted average price of $0.47 per share, totaling 47,968 shares sold. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan that permits sales of up to 300,428 shares and is scheduled to terminate on June 24, 2026. After the latest sale, the trust continues to hold 352,142 shares, and Peterson also has substantial equity exposure through unvested performance stock units, restricted stock units, stock options, and earnout shares tied to future performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 47,968 shares ($22,065)
Net Sell
11 txns
Insider
Peterson Scott Edward
Role
Chief Financial Officer
Sold
47,968 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,984 | $0.47 | $11K |
| Sale | Class A Common Stock | 23,984 | $0.45 | $11K |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 352,142 shares (Indirect, by Scott E Peterson Trust);
Performance Stock Units — 250,000 shares (Direct);
Restricted Stock Units — 333,334 shares (Direct);
Stock Options — 67,974 shares (Direct);
Earnout Shares — 12,840 shares (Direct);
Earnout Shares — 50,518 shares (Indirect, by Scott E Peterson Trust)
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 an aggregate of 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 $0.440 to $0.4614 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 $0.4532 to $0.4847 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 Represents 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 Company's Board of Directors, for the fiscal year ending December 31, 2026. 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. 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.
Key Figures
Shares sold April 7, 2026: 23,984 shares at $0.45/share
Shares sold April 8, 2026: 23,984 shares at $0.47/share
Total shares sold: 47,968 shares
+5 more
8 metrics
Shares sold April 7, 2026
23,984 shares at $0.45/share
Open-market sale by Scott E Peterson Trust
Shares sold April 8, 2026
23,984 shares at $0.47/share
Open-market sale by Scott E Peterson Trust
Total shares sold
47,968 shares
Two open-market sales reported on Form 4
Shares held after sale (trust)
352,142 shares
Class A Common Stock held by Scott E Peterson Trust
Performance Stock Units
250,000 underlying shares
Contingent on 2026 performance metrics
Restricted Stock Units block 1
333,334 underlying shares
Unvested RSUs from March 7, 2025 grant
Stock options at $1.01
67,974 underlying shares
Options expiring April 1, 2027
Indirect earnout shares
50,518 underlying shares
Earnout with price-based vesting targets
Key Terms
Rule 10b5-1 trading plan, Performance Stock Units, Restricted Stock Units, Earnout Shares, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 7, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Performance Stock Units financial
"Represents unvested Performance Stock Units. Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What did PLAYSTUDIOS (MYPS) CFO Scott Peterson report in this Form 4?
He reported that a trust associated with him sold 47,968 shares of PLAYSTUDIOS Class A Common Stock in open-market transactions, executed over two days at weighted average prices around $0.45–$0.47 per share under a pre-arranged Rule 10b5-1 trading plan.
Was the PLAYSTUDIOS (MYPS) CFO sale made under a Rule 10b5-1 plan?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted on August 7, 2025, allowing sales of up to 300,428 Class A shares and scheduled to terminate on June 24, 2026, indicating a pre-planned selling program.
What performance stock units does the PLAYSTUDIOS (MYPS) CFO hold?
The CFO holds performance stock units representing a contingent right to receive up to 250,000 shares of Class A Common Stock. The actual number earned will depend on pre-established performance metrics for the fiscal year ending December 31, 2026, as determined by the Compensation Committee.
What restricted stock units are reported for the PLAYSTUDIOS (MYPS) CFO?
He is reported to hold two main blocks of unvested restricted stock units: 333,334 units from a March 7, 2025 grant and 166,667 units from a March 11, 2024 grant. Each unit converts into one Class A share upon vesting, subject to continued employment through scheduled vesting dates.