PLAYSTUDIOS (MYPS) CEO reshapes performance and RSU equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. Chairman and CEO Andrew S. Pascal reported updates to his equity incentives. He forfeited 625,000 Performance Stock Units tied to fiscal 2025 performance after the compensation committee determined the goals were not met, so no shares were issued.
On the same date, he received a new grant of 625,000 Performance Stock Units, each potentially settling into one share of Class A common stock depending on pre-established performance metrics for the fiscal year ending December 31, 2026. He also continues to hold substantial Restricted Stock Units, stock options and earnout shares, including positions held indirectly through the Pascal Family Trust and DreamStreet Holdings, LLC.
Positive
- None.
Negative
- None.
Insights
Compensation-related PSU reset, with no open-market trading.
The Form 4 shows Andrew S. Pascal disposing of 625,000 Performance Stock Units that failed to meet fiscal 2025 targets and receiving a new grant of 625,000 PSUs tied to fiscal 2026 performance metrics. This is a redesign of incentive structure rather than a cash transaction.
No open-market purchases or sales of PLAYSTUDIOS shares are reported; all listed entries are grants, forfeitures, or updated holdings. The derivative summary highlights remaining Restricted Stock Units, options and earnout shares, indicating Pascal maintains significant equity exposure, including indirect holdings via the Pascal Family Trust and DreamStreet Holdings, LLC.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
PASCAL ANDREW S
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Stock Units | 625,000 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 625,000 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Earnout Shares | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Restricted Stock Units — 958,334 shares (Direct);
Stock Options — 1,864,324 shares (Direct);
Earnout Shares — 416,422 shares (Indirect, by Pascal Family Trust);
Earnout Shares — 313,322 shares (Direct);
Class A Common Stock — 1,130,938 shares (Indirect, by Pascal Family Trust);
Class B Common Stock — 2,913,005 shares (Indirect, by Pascal Family Trust)
Footnotes (1)
- The Reporting Person is the manager of DreamStreet Holdings, LLC and the trustee of the Pascal Family Trust. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock, par value $0.0001 per share, of the Issuer. Upon transfer, each share of Class B Common Stock will convert into a share of Class A Common Stock, subject to certain limited exceptions. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to conversion rights and voting rights. Each share of Class B Common Stock is entitled to twenty votes per share, whereas each share of Class A Common Stock is entitled to one vote per share. 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. 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. 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 1,000,000 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: 41,666 Restricted Stock Units vesting on January 15, 2026; 333,334 Restricted Stock Units vesting on January 15, 2027; and 625,000 Restricted Stock Units vesting on January 15, 2028. On March 11, 2024, the Reporting Person was granted 708,335 unvested Restricted Stock Units, which vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 208,334 Restricted Stock Units vesting on February 15, 2025; 208,334 Restricted Stock Units vesting on February 15, 2026; and 291,667 Restricted Stock Units vesting on February 15, 2027. 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 did PLAYSTUDIOS (MYPS) CEO Andrew Pascal report in this Form 4?
Andrew S. Pascal reported the forfeiture of 625,000 Performance Stock Units tied to fiscal 2025 goals and a new grant of 625,000 Performance Stock Units linked to fiscal 2026 performance metrics, along with updated disclosures of his remaining equity-based holdings.
Why were 625,000 PLAYSTUDIOS Performance Stock Units forfeited by the CEO?
The 625,000 Performance Stock Units granted for fiscal 2025 were forfeited because the compensation committee determined that the applicable performance conditions were not achieved, so the award was cancelled and no shares of PLAYSTUDIOS Class A common stock were issued from this grant.
What are the terms of the new 625,000 Performance Stock Units for PLAYSTUDIOS’ CEO?
The new 625,000 Performance Stock Units give a contingent right to receive up to one Class A share each, with the actual number earned dependent on pre-established performance metrics for the fiscal year ending December 31, 2026, as determined by the compensation committee.
What other equity awards and holdings does the PLAYSTUDIOS CEO have after this filing?
Andrew S. Pascal continues to hold Restricted Stock Units, stock options on Class B shares, and earnout shares that vest upon share-price targets, along with indirect Class A and Class B holdings through the Pascal Family Trust and DreamStreet Holdings, LLC, as detailed in the filing tables.
Playstudios Inc
NASDAQ:MYPSW
MYPSW Rankings
MYPSW Latest SEC Filings
Apr 3, 2026
[10-K/A] PLAYSTUDIOS, Inc. Amends Annual Report
Apr 3, 2026
[10-K/A] PLAYSTUDIOS, Inc. Amends Annual Report
Mar 16, 2026
[Form 4] PLAYSTUDIOS, Inc. Insider Trading Activity
Mar 16, 2026
[Form 4] PLAYSTUDIOS, Inc. Insider Trading Activity
Mar 16, 2026
[Form 4] PLAYSTUDIOS, Inc. Insider Trading Activity
MYPSW Stock Data
Services-prepackaged Software
LAS VEGAS