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PLAYSTUDIOS (MYPS) CFO forfeits 250,000 PSUs and receives new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PLAYSTUDIOS, Inc. Chief Financial Officer Scott Edward Peterson reported changes to his equity awards. On March 12, 2026, 250,000 Performance Stock Units previously granted on March 7, 2025 were forfeited and returned to the issuer after fiscal 2025 performance conditions were not achieved, with no shares issued.

On the same date, he received a new grant of 250,000 unvested Performance Stock Units tied to pre-established performance metrics for the fiscal year ending December 31, 2026. Each Performance Stock Unit may convert into up to one share of Class A Common Stock upon vesting and settlement, depending on performance.

He also reports holdings of Restricted Stock Units, stock options, and earnout shares linked to specified stock price targets, along with indirect holdings through the Scott E Peterson Trust and shares held by his spouse, for which he disclaims beneficial ownership.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Peterson Scott Edward

(Last) (First) (Middle)
10150 COVINGTON CROSS DRIVE

(Street)
LAS VEGAS NV 89144

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PLAYSTUDIOS, Inc. [ MYPS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 400,110 I by Scott E Peterson Trust
Class A Common Stock 95,948 I By Spouse(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units $0(2) 03/12/2026 D 250,000 (2) (2) Class A Common Stock 250,000 $0 0 D
Performance Stock Units $0(3) 03/12/2026 A 250,000 (3) (3) Class A Common Stock 250,000(3) $0 250,000 D
Restricted Stock Units $0(4) (5) (5) Class A Common Stock 333,334 333,334 D
Restricted Stock Units $0(4) (6) (6) Class A Common Stock 166,667 166,667 D
Stock Options $1.01 04/01/2021 04/01/2027 Class A Common Stock 67,974 67,974 D
Stock Options $1.44 01/01/2023 01/01/2029 Class A Common Stock 67,971 67,971 D
Earnout Shares $0 (7) 06/21/2026 Class A Common Stock 12,840 12,840 D
Earnout Shares $0 (7) 06/21/2026 Class A Common Stock 50,518 50,518 I by Scott E Peterson Trust
Explanation of Responses:
1. 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
2. Represents Performance Stock Units granted on March 7, 2025 that were eligible to vest based on achievement of performance conditions for fiscal year ended December 31, 2025. The Compensation Committee of the Company's Board of Directors determined that the applicable performance conditions were not achieved, and the award was forfeited with no shares issued.
3. Represents a grant of 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.
4. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
5. 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.
6. 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.
7. 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.
Remarks:
/s/ Joel Agena, Attorney-in-Fact 03/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity award changes did the PLAYSTUDIOS (MYPS) CFO report on this Form 4?

The CFO reported forfeiting 250,000 Performance Stock Units and receiving a new grant of 250,000 Performance Stock Units. The forfeited award related to fiscal 2025 performance, while the new grant is tied to performance metrics for the fiscal year ending December 31, 2026.

Why were 250,000 PLAYSTUDIOS Performance Stock Units forfeited by the CFO?

The 250,000 Performance Stock Units granted on March 7, 2025 were forfeited because the Compensation Committee determined the applicable performance conditions for the fiscal year ended December 31, 2025 were not achieved. As a result, the award was canceled and no shares were issued.

What are the terms of the new 250,000 Performance Stock Units granted to the MYPS CFO?

The new 250,000 Performance Stock Units represent the contingent right to receive up to one share of Class A Common Stock per unit. The actual number of shares issued will depend on achievement of pre-established performance metrics for the fiscal year ending December 31, 2026, as determined by the Compensation Committee.

What Restricted Stock Unit vesting schedules are disclosed for PLAYSTUDIOS CFO Scott Peterson?

One grant of 766,669 Restricted Stock Units from March 11, 2024 vests in four tranches through May 15, 2027. Another grant of 333,334 Restricted Stock Units from March 7, 2025 vests in four tranches from May 15, 2025 through January 15, 2028, subject to continued employment.

What stock options does the PLAYSTUDIOS CFO hold according to this Form 4?

He holds stock options over 67,974 shares of Class A Common Stock at an exercise price of $1.01 expiring April 1, 2027, and options over 67,971 shares at an exercise price of $1.44 expiring January 1, 2029. These remain outstanding as derivative positions.

How are PLAYSTUDIOS earnout shares structured for the CFO and related entities?

Earnout shares are payable in two equal tranches if the Class A Common Stock closing price exceeds $12.50 and $15.00 for any 20 days in a 30-day period within the specified five-year window. Earnout vesting can also occur based on price targets in connection with a sale of the issuer.

What indirect PLAYSTUDIOS shareholdings are reported for CFO Scott Peterson?

Indirect holdings include Class A Common Stock and earnout shares held by the Scott E Peterson Trust, plus shares held by his spouse. The filing states he disclaims beneficial ownership of shares held by his spouse, and their inclusion does not constitute an admission of beneficial ownership.
Playstudios Inc

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58.97M
88.51M
Electronic Gaming & Multimedia
Services-prepackaged Software
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United States
LAS VEGAS