Oseland Robert L 4
4 · PLAYSTUDIOS, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
PLAYSTUDIOS (MYPS) COO Robert Oseland Receives 233,333 Performance Awards
What Happened
- Robert L. Oseland, Chief Operating Officer of PLAYSTUDIOS (MYPS), had a derivative disposition of 233,333 performance-based units and, on the same day, was granted 233,333 new Performance Stock Units (PSUs). Both transactions are recorded at $0.00 per unit, reflecting awards/forfeitures rather than open-market trades.
- The disposition reflects forfeiture of previously granted PSUs that did not meet performance targets for fiscal 2025 (no shares issued). The new PSUs are unvested awards contingent on achievement of pre-established performance metrics for fiscal 2026.
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (filed within the two-business-day window).
- Disposition: 233,333 derivative units surrendered/forfeited (price $0.00).
- Acquisition: 233,333 Performance Stock Units granted (price $0.00); each PSU can convert to up to one share of Class A common stock upon vesting and achievement of performance metrics.
- Shares/units owned after transaction: not specified in the filing.
- Relevant footnotes:
- F2: The 233,333 units forfeited were PSUs granted March 7, 2025 that failed to meet performance conditions for FY2025.
- F3: The 233,333 units granted are unvested PSUs tied to FY2026 performance metrics.
- F1, F4–F7: Additional disclosures note other RSU grants and vesting schedules (including prior grants on 3/7/2025, 3/11/2024, and 3/8/2023) and that some shares are held jointly with the reporting person’s spouse.
- Cash/change in ownership: $0 exchanged — these are compensation/award-related derivative transactions, not market purchases or sales.
Context:
- PSUs are contingent awards: they do not represent immediate, vested shares and will only convert to stock if specified performance targets and any service/vesting conditions are met. This filing documents a forfeiture of an earlier PSU award and a replacement/new PSU grant rather than an open-market buy or sell.
Insider Transaction Report
Form 4
Oseland Robert L
Chief Operating Officer
Transactions
- Disposition to Issuer
Performance Stock Units
[F2]2026-03-12−233,333→ 0 totalExercise: $0.00→ Class A Common Stock (233,333 underlying) - Award
Performance Stock Units
[F3]2026-03-12+233,333→ 233,333 totalExercise: $0.00→ Class A Common Stock (233,333 underlying)
Holdings
- 650,034(indirect: By Spouse)
Class A Common Stock
[F1] - 250,000
Restricted Stock Units
[F4][F5]Exercise: $0.00→ Class A Common Stock (250,000 underlying) - 141,667
Restricted Stock Units
[F4][F6]Exercise: $0.00→ Class A Common Stock (141,667 underlying) - 125,000
Restricted Stock Units
[F4][F7]Exercise: $0.00→ Class A Common Stock (125,000 underlying) - 2,807
Stock Options
Exercise: $1.44From: 2022-05-06Exp: 2029-11-06→ Class A Common Stock (2,807 underlying) - 77,301
Stock Options
Exercise: $1.44From: 2022-08-06Exp: 2029-11-06→ Class A Common Stock (77,301 underlying)
Footnotes (7)
- [F1]Shares held jointly with Reporting Person's spouse.
- [F2]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.
- [F3]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.
- [F4]Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A common stock.
- [F5]On March 7, 2025, the Reporting Person was granted 250,000 Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest, subject to the Reporting Person's continued employment with the Company, on January 15, 2028.
- [F6]On March 11, 2024, the Reporting Person was granted 425,001 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest in three equal installments, with one-third vesting on January 10, 2025, one-third vesting on January 10, 2026, and one-third vesting on January 10, 2027, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- [F7]On March 8, 2023, the Reporting Person was granted 500,000 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest in four equal installments, with one-fourth vesting on January 10, 2024, one-fourth vesting on January 10, 2025, one-fourth vesting on January 10, 2026, and one-fourth vesting on January 10, 2027, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
Signature
/s/ Joel Agena, Attorney-in-Fact|2026-03-16