PLAYSTUDIOS (NASDAQ: MYPS) CFO settles RSUs, shifts shares to trust and spouse
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. Chief Financial Officer Scott Edward Peterson reported several equity-related transactions. On May 15, 2026, he exercised and settled 166,667 Restricted Stock Units into Class A common stock, with 65,584 shares withheld to cover tax obligations, leaving 101,083 shares held directly. Separate J-code entries on May 18, 2026 reflect non-market transfers of 75,812 shares from direct ownership to a personal trust and 25,271 shares from direct ownership to his spouse, changing the form of ownership rather than indicating open-market trades. Footnotes state he disclaims beneficial ownership of shares held by his spouse. The filing also shows continuing indirect holdings through a trust and substantial outstanding equity awards, including stock options, restricted stock units, performance stock units, and earnout shares tied to future stock-price and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
166,667 shares exercised/converted
Mixed
13 txns
Insider
Peterson Scott Edward
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 25,271 | $0.00 | -- |
| Other | Class A Common Stock | 25,271 | $0.00 | -- |
| Other | Class A Common Stock | 75,812 | $0.00 | -- |
| Other | Class A Common Stock | 75,812 | $0.00 | -- |
| Exercise | Restricted Stock Units | 166,667 | $0.00 | -- |
| Exercise | Class A Common Stock | 166,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 65,584 | $0.4916 | $32K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 75,812 shares (Direct, null);
Class A Common Stock — 121,219 shares (Indirect, By Spouse);
Restricted Stock Units — 166,667 shares (Direct, null);
Performance Stock Units — 250,000 shares (Direct, null);
Stock Options — 67,974 shares (Direct, null);
Earnout Shares — 12,840 shares (Direct, null);
Earnout Shares — 50,518 shares (Indirect, by Scott E Peterson Trust)
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 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 an open market sale. Reflects the transfer of shares of Class A Common Stock to the Reporting Person's spouse and, as a result of such transfer, a change in the form of ownership of such shares from Direct to Indirect. 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 Reflects the transfer of shares of Class A Common Stock to the Reporting Person's trust and, as a result of such transfer, a change in the form of ownership of such shares from Direct to Indirect. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. 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. 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. Represents 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. 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.
Key Figures
RSUs settled into shares: 166,667 shares
Shares withheld for taxes: 65,584 shares at $0.4916
Direct common shares after transactions: 101,083 shares
+5 more
8 metrics
RSUs settled into shares
166,667 shares
Class A Common Stock issued upon RSU settlement on May 15, 2026
Shares withheld for taxes
65,584 shares at $0.4916
Tax-withholding disposition of Class A Common Stock on May 15, 2026
Direct common shares after transactions
101,083 shares
Directly held Class A Common Stock following tax withholding on May 15, 2026
Shares transferred to trust
75,812 shares
Change from direct to indirect ownership via Scott E Peterson Trust on May 18, 2026
Shares transferred to spouse
25,271 shares
Change from direct ownership to spouse, with beneficial ownership disclaimed
Earnout underlying shares (indirect)
50,518 shares
Earnout Shares tied to Class A Common Stock, expiring June 21, 2026
Stock options outstanding
67,971 @ $1.44; 67,974 @ $1.01
Options over Class A Common Stock expiring in 2029 and 2027
Unvested PSUs and RSUs
250,000 PSUs; 166,667 RSUs
Performance and Restricted Stock Units over Class A shares remaining outstanding
Key Terms
Restricted Stock Units, Performance Stock Units, Earnout Shares, tax withholding, +1 more
5 terms
Restricted Stock Units financial
"Represents shares of Class A Common Stock issued upon settlement of fully vested Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Represents unvested Performance Stock Units. Each Performance Stock Unit represents the contingent right"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding financial
"shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
change in the form of ownership financial
"Reflects the transfer of shares of Class A Common Stock to the Reporting Person's spouse and, as a result of such transfer, a change in the form of ownership"
FAQ
What insider transactions did MYPS CFO Scott Peterson report on this Form 4?
Scott Peterson reported settlement of restricted stock units into Class A common shares, tax withholding of part of those shares, and non-market transfers of shares to his spouse and personal trust. The filing also updates his remaining equity awards and indirect holdings.
What equity awards and derivative holdings for MYPS does the CFO still have outstanding?
Outstanding positions include stock options over 67,971 and 67,974 shares at exercise prices of $1.44 and $1.01, earnout shares over 50,518 and 12,840 underlying shares, 250,000 unvested Performance Stock Units, and 166,667 Restricted Stock Units, all tied to future vesting or performance conditions.