PLAYSTUDIOS (MYPS) CEO details RSU vesting and trust share transfer
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. Chairman and CEO Andrew S. Pascal reported RSU vesting, tax withholding, and an internal share transfer, rather than an open‑market sale. On January 15, 2026, he received 41,666 shares of Class A common stock upon settlement of fully vested restricted stock units awarded on March 7, 2025. Of these, 18,604 shares were withheld by PLAYSTUDIOS at
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FAQ
What did PLAYSTUDIOS (MYPS) Chairman and CEO Andrew S. Pascal report in this Form 4?
Andrew S. Pascal reported vesting of 41,666 Class A shares from previously granted restricted stock units on January 15, 2026, tax withholding on part of those shares, and a subsequent transfer of 23,062 shares from his direct ownership to the Pascal Family Trust on January 20, 2026.
Did Andrew S. Pascal sell PLAYSTUDIOS (MYPS) shares in the open market?
The filing states that 18,604 Class A shares were withheld by PLAYSTUDIOS to satisfy income tax obligations related to RSU settlement and that this does not represent an open market sale. The remaining 23,062 shares were transferred to the Pascal Family Trust as a change in form of ownership.
What is the significance of the 23,062-share transfer to the Pascal Family Trust for MYPS?
The Form 4 explains that the 23,062 Class A shares moved from Andrew S. Pascal’s direct ownership to the Pascal Family Trust. The footnote clarifies this is only a change in form of ownership and does not affect his overall beneficial ownership of PLAYSTUDIOS securities.
How many PLAYSTUDIOS Class A shares does the Pascal Family Trust hold after these transactions?
After the January 20, 2026 transfer, the Pascal Family Trust is reported as indirectly holding 781,475 shares of PLAYSTUDIOS Class A common stock, in addition to indirect holdings of Class B common stock and earnout shares described in the Form 4.
What restricted stock unit and performance awards related to MYPS does Andrew S. Pascal hold?
The Form 4 reports direct holdings of 958,334 restricted stock units tied to a March 7, 2025 grant, plus additional RSU grants totaling 375,000 and 500,001 units, and 625,000 performance stock units. Each unit generally represents the contingent right to receive one share of Class A common stock upon vesting and settlement, subject to service and, for performance units, achievement of specified performance metrics.
What are the Class B and earnout share holdings associated with Andrew S. Pascal and related entities?
The report shows indirect holdings of 2,913,005 Class B shares by the Pascal Family Trust and 9,747,296 Class B shares by DreamStreet Holdings, LLC, plus earnout shares that may vest if PLAYSTUDIOS Class A stock trades above specified price thresholds such as