Peterson Scott Edward 4
Research Summary
AI-generated summary
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.