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MYPS (MYPS) COO reshapes equity awards with PSU forfeiture and new grant

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

Rhea-AI Filing Summary

PLAYSTUDIOS, Inc. Chief Operating Officer Robert L. Oseland reported compensation-related equity changes. On March 12, he forfeited 233,333 Performance Stock Units after performance goals for the fiscal year ended December 31, 2025 were not met, so no shares will be issued from that award.

On the same date, he received a new grant of 233,333 Performance Stock Units tied to performance metrics for the fiscal year ending December 31, 2026. He also continues to hold Restricted Stock Units covering 250,000, 141,667 and 125,000 shares of Class A Common Stock and stock options for 2,807 and 77,301 underlying shares, plus 650,034 Class A shares held jointly with his spouse.

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*
Oseland Robert L

(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 Operating 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 650,034 I(1) Shares held jointly with Reporting Person's spouse.
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 233,333 (2) (2) Class A Common Stock 233,333 $0 0 D
Performance Stock Units $0(3) 03/12/2026 A 233,333 (3) (3) Class A Common Stock 233,333(3) $0 233,333 D
Restricted Stock Units $0(4) (5) (5) Class A Common Stock 250,000 250,000 D
Restricted Stock Units $0(4) (6) (6) Class A Common Stock 141,667 141,667 D
Restricted Stock Units $0(4) (7) (7) Class A Common Stock 125,000 125,000 D
Stock Options $1.44 05/06/2022 11/06/2029 Class A Common Stock 2,807 2,807 D
Stock Options $1.44 08/06/2022 11/06/2029 Class A Common Stock 77,301 77,301 D
Explanation of Responses:
1. Shares held jointly with Reporting Person's spouse.
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 7, 2025, the Reporting Person was granted 250,000 Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest, subject to the Reporting Person's continued employment with the Company, on January 15, 2028.
6. On March 11, 2024, the Reporting Person was granted 425,001 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest in three equal installments, with one-third vesting on January 10, 2025, one-third vesting on January 10, 2026, and one-third vesting on January 10, 2027, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
7. On March 8, 2023, the Reporting Person was granted 500,000 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest in four equal installments, with one-fourth vesting on January 10, 2024, one-fourth vesting on January 10, 2025, one-fourth vesting on January 10, 2026, and one-fourth vesting on January 10, 2027, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
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 insider equity changes did MYPS COO Robert Oseland report on this Form 4?

Robert L. Oseland reported a forfeiture and a new grant of Performance Stock Units. He forfeited 233,333 units tied to 2025 performance and received 233,333 new units tied to 2026 performance metrics, with no open-market share purchases or sales disclosed.

Why were 233,333 MYPS Performance Stock Units forfeited by the COO?

The 233,333 Performance Stock Units granted on March 7, 2025 were eligible to vest based on 2025 performance goals. The Compensation Committee determined those conditions were not achieved, so the award was forfeited and no Class A Common Stock will be issued from it.

What new Performance Stock Units did MYPS grant to its COO?

The COO received 233,333 unvested Performance Stock Units, each representing up to one Class A share upon vesting. The actual number of shares issued 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 does MYPS COO Robert Oseland currently hold?

He holds Restricted Stock Units covering 250,000, 141,667 and 125,000 Class A shares. These RSUs vest over time, subject to his continued employment, with grants dated March 8, 2023, March 11, 2024, and March 7, 2025 having specified future vesting schedules.

What stock options for MYPS shares are held by the COO after these transactions?

The filing shows stock options for 2,807 and 77,301 underlying Class A shares at an exercise price of $1.4400 per share. These options became exercisable in 2022 and are scheduled to expire on November 6, 2029, if not exercised earlier.

Does MYPS COO hold any MYPS Class A Common Stock directly or jointly?

The Form 4 reports 650,034 shares of Class A Common Stock held indirectly, jointly with the reporting person's spouse. This joint holding is separate from his derivative awards such as Restricted Stock Units, Performance Stock Units, and stock options reported in the filing.
Playstudios Inc

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64.31M
88.51M
Electronic Gaming & Multimedia
Services-prepackaged Software
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United States
LAS VEGAS