4//SEC Filing
Peterson Scott Edward 4
Accession 0001356746-26-000002
CIK 0001823878other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 6:37 PM ET
Size
25.5 KB
Accession
0001356746-26-000002
Research Summary
AI-generated summary of this filing
PLAYSTUDIOS (MYPS) CFO Scott Peterson Receives 83,334 Shares
What Happened
- Scott Edward Peterson, CFO of PLAYSTUDIOS (MYPS), received 83,334 shares of Class A common stock on January 15, 2026 upon settlement of fully vested Restricted Stock Units (RSUs). The shares were issued at $0.00 as part of the RSU settlement.
- To cover tax withholding, the company withheld 37,209 shares at an implied value of $0.64 per share, totaling approximately $23,866. Several additional administrative transfers were reported on January 20, 2026 (see Key Details).
Key Details
- Primary transaction date: January 15, 2026 — 83,334 shares issued upon RSU settlement (code M, exercised/converted) at $0.00.
- Tax withholding (code F): 37,209 shares withheld @ $0.64 = $23,866 (net settlement, not an open‑market sale).
- Additional reported entries on January 20, 2026 (codes J/P) reflect transfers/administrative movements: disposals and acquisitions of ~34,593, 11,532, 34,593 and ~11,593 shares (all $0.00). Footnotes indicate some transfers reflect change in form of ownership (e.g., to a trust or spouse) and do not necessarily change beneficial ownership.
- Notable footnotes: F1 (shares issued on RSU settlement), F2 (withholding to satisfy income tax obligations), F7 (RSU grant and vesting schedule showing 83,334 RSUs vesting on Jan 15, 2026).
- Shares owned after the transactions are not specified in this Form 4.
- Filing date: January 20, 2026 — the Form 4 was filed five days after the primary Jan 15 transaction (outside the usual two-business-day window for Form 4 submissions).
Context
- This was a settlement of vested RSUs (award settlement), not a cash purchase or open-market sale. The withholding of shares to cover taxes is a routine administrative step (net settlement) and does not necessarily indicate a decision to sell shares on market.
- For retail investors: RSU settlements increase insider-held shares but withholding reduces the net shares received; transfers to a trust or spouse are often administrative and do not alone signal a change in insider sentiment.
Insider Transaction Report
Form 4
Peterson Scott Edward
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-01-15+83,334→ 83,334 total - Tax Payment
Class A Common Stock
[F2]2026-01-15$0.64/sh−37,209$23,866→ 46,125 total - Other
Class A Common Stock
[F3]2026-01-20−34,593→ 11,532 total - Other
Class A Common Stock
[F4]2026-01-20−11,532→ 0 total - Other
Class A Common Stock
[F3]2026-01-20+34,593→ 400,110 total(indirect: By Trust) - Purchase
Class A Common Stock
[F4][F5]2026-01-20+11,593→ 96,009 total(indirect: By Spouse) - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-01-15−83,334→ 166,667 totalExercise: $0.00→ Class A Common Stock (83,334 underlying)
Holdings
- 333,334
Restricted Stock Units
[F6][F8]Exercise: $0.00→ Class A Common Stock (333,334 underlying) - 250,000
Performance Stock Units
[F9]Exercise: $0.00→ Class A Common Stock (250,000 underlying) - 67,974
Stock Options
Exercise: $1.01From: 2021-04-01Exp: 2027-04-01→ Class A Common Stock (67,974 underlying) - 67,971
Stock Options
Exercise: $1.44From: 2023-01-01Exp: 2029-01-01→ Class A Common Stock (67,971 underlying) - 12,840
Earnout Shares
[F10]Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (12,840 underlying) - 50,518(indirect: By Trust)
Earnout Shares
[F10]Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (50,518 underlying)
Footnotes (10)
- [F1]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.
- [F10]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.
- [F2]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.
- [F3]Represents a transfer by the Reporting Person of shares of Class A common stock from direct ownership to a trust, as a result of which the Reporting Person remains the beneficial owner. This transfer reflects only a change in the form of ownership from direct to indirect and does not affect the overall beneficial ownership of securities by the Reporting Person.
- [F4]Reflects the transfer of shares of Class A Common Stock to the Reporting Person's spouse.
- [F5]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
- [F6]Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
- [F7]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.
- [F8]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.
- [F9]On March 7, 2025, the Reporting Person was granted 250,000 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.
Signature
/s/ Joel Agena, Attorney-in-Fact|2026-01-20
Documents
Issuer
PLAYSTUDIOS, Inc.
CIK 0001823878
Entity typeother
Related Parties
1- filerCIK 0001356746
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 6:37 PM ET
- Size
- 25.5 KB