PLAYSTUDIOS (MYPS) General Counsel logs RSU vesting, tax share withholding and equity holdings
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. General Counsel Joel Agena reported routine equity award activity on January 15, 2026. The filing shows that 41,667 Restricted Stock Units vested and were settled into 41,667 shares of Class A common stock at $0 exercise price, increasing his directly held Class A shares before tax withholding.
To cover income tax obligations from this vesting, the issuer withheld 20,063 Class A shares at a value of $0.6414 per share, reducing his Class A common stock holdings to 45,416 shares held directly. Following the transactions, Agena continues to hold 83,333 unvested Restricted Stock Units from a March 7, 2025 grant, 166,668 unvested Restricted Stock Units from a March 11, 2024 grant, 125,000 Performance Stock Units tied to fiscal 2025 performance metrics, stock options for 93,217 shares at $1.01 and 93,217 shares at $1.44, and 28,040 Earnout Shares subject to stock price hurdles.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 41,667 | $0.00 | -- |
| Exercise | Class A Common Stock | 41,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 20,063 | $0.6414 | $13K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of Class A common stock issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on March 7, 2025. 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 an 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 7, 2025, the Reporting Person was granted 166,667 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: 41,667 Restricted Stock Units vesting on May 15, 2025; 41,667 Restricted Stock Units vesting on January 15, 2026; 41,667 Restricted Stock Units vesting on January 15, 2027; and 41,666 Restricted Stock Units vesting on January 15, 2028. On March 11, 2024, the Reporting Person was granted 358,335 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: 66,667 Restricted Stock Units vesting on May 15, 2024; 125,000 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on May 15, 2026; and 83,334 Restricted Stock Units vesting on May 15, 2027. On March 7, 2025, the Reporting Person was granted 125,000 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 Issuer's Board of Directors, for the fiscal year ending December 31, 2025. 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.
FAQ
What insider transaction did PLAYSTUDIOS (MYPS) report for Joel Agena?
The General Counsel, Joel Agena, reported the vesting of 41,667 Restricted Stock Units on January 15, 2026, which were settled into the same number of shares of PLAYSTUDIOS Class A common stock at an exercise price of $0.
What unvested Restricted Stock Units does Joel Agena hold at PLAYSTUDIOS (MYPS)?
Joel Agena holds 83,333 unvested Restricted Stock Units from a March 7, 2025 grant and 166,668 unvested Restricted Stock Units from a March 11, 2024 grant, each subject to continued employment and scheduled vesting dates.
What Performance Stock Units are reported for PLAYSTUDIOS (MYPS) General Counsel Joel Agena?
He holds 125,000 unvested Performance Stock Units granted on March 7, 2025. Each unit can settle into up to one share of Class A common stock, contingent on pre-established performance metrics for the fiscal year ending December 31, 2025, as determined by the Compensation Committee.
Does the PLAYSTUDIOS (MYPS) Form 4 indicate an open market sale by Joel Agena?
No. The Form 4 states that the 20,063 Class A shares with transaction code F were withheld by the issuer to satisfy tax obligations from RSU settlement and "does not represent an open market sale."