PLAYSTUDIOS (MYPS) COO details RSU vesting, tax withholding and awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. Chief Operating Officer Robert L. Oseland reported equity award activity dated January 13, 2026. Fully vested restricted stock units granted in March 2023 and March 2024 were settled into 125,000 and 141,667 shares of Class A common stock, all held indirectly and jointly with his spouse. To cover income tax withholding on these settlements, 119,068 shares were withheld by the company at a price of $0.6262 per share, and this was not an open market sale. Following these transactions, Oseland indirectly held 650,034 Class A shares jointly with his spouse. He also held 250,000 restricted stock units scheduled to vest on January 15, 2028, 233,333 performance stock units tied to 2025 performance metrics, and stock options for 2,807 and 77,301 shares at an exercise price of $1.44 per share, expiring in 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
266,667 shares exercised/converted
Mixed
10 txns
Insider
Oseland Robert L
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 125,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 141,667 | $0.00 | -- |
| Exercise | Class A Common Stock | 125,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 141,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 119,068 | $0.6262 | $75K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 125,000 shares (Direct);
Class A Common Stock — 627,435 shares (Indirect, Shares held jointly with Reporting Person's spouse.);
Performance Stock Units — 233,333 shares (Direct);
Stock Options — 2,807 shares (Direct)
Footnotes (1)
- Shares held jointly with Reporting Person's spouse. Represents shares of Class A common stock issued upon settlement of fully vested Restricted Stock Units issued to the reporting person on March 8, 2023. Represents shares of Class A common stock issued upon settlement of fully vested Restricted Stock Units issued to the reporting person on March 11, 2024. Represents the number of shares of Class A common stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units and does not represent and open market sale. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A common stock. On March 8, 2023, the Reporting Person was granted 500,000 unvested Restricted Stock Units. 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. On March 11, 2024, the Reporting Person was granted 425,001 unvested Restricted Stock Units. 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. 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. On March 7, 2025, the Reporting Person was granted 233,333 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, 2025.
