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PLAYSTUDIOS, Inc.·4

Mar 16, 6:03 PM ET

Peterson Scott Edward 4

4 · PLAYSTUDIOS, Inc. · Filed Mar 16, 2026

Research Summary

AI-generated summary of this filing

Updated

PLAYSTUDIOS (MYPS) CFO Scott Peterson Receives 250,000 Performance Award

What Happened

  • Scott Edward Peterson, Chief Financial Officer of PLAYSTUDIOS, reported two linked derivative transactions dated March 12, 2026: a disposition to the issuer of 250,000 derivative units (code D) and a contemporaneous grant/award of 250,000 derivative units (code A). Both transactions show a $0.00 price and $0.00 value, meaning no cash changed hands.
  • The grant is described as Performance Stock Units (PSUs). Each PSU is a contingent right to receive up to one share of Class A common stock upon meeting pre-established performance metrics for the fiscal year ending December 31, 2026. The disposition to the issuer indicates those 250,000 prior derivative units were surrendered/cancelled and replaced by the new PSU award.

Key Details

  • Transaction date(s): March 12, 2026; Form 4 filed March 16, 2026 (filed within the two-business-day window).
  • Price and value: both disposition and grant reported at $0.00; total cash consideration = $0.
  • Transaction types/codes: D = disposition to issuer (cancellation/surrender of derivative units); A = grant/award (new PSUs).
  • Shares owned after transaction: not specified in the data provided on this summary.
  • Notable footnotes from the filing:
    • F3: The new grant represents unvested PSUs; actual shares issued on vesting will depend on achievement of performance metrics for FY2026.
    • F2: A prior PSU award (for FY2025) was forfeited when performance conditions were not met.
    • F1, F4–F7: filing includes additional notes about spouse-owned shares, Restricted Stock Units (RSUs) schedules, and potential earnout shares tied to share-price thresholds; these do not alter that this reported transaction is a conditional award (see Form for full footnotes).

Context

  • These were derivative award/cancellation transactions, not open-market purchases or sales. PSUs are conditional awards: they do not indicate immediate ownership of shares and only convert to shares if/when performance and any vesting conditions are met.
  • For retail investors: grants of PSUs are a form of compensation and are informational about executive pay and incentives, but they are not the same as an insider buying (bullish) or selling (liquidating) shares for cash.

Insider Transaction Report

Form 4
Period: 2026-03-12
PLAYSTUDIOS, Inc.MYPS
Peterson Scott Edward
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Performance Stock Units

    [F2]
    2026-03-12−250,000→ 0 total
    Exercise: $0.00→ Class A Common Stock (250,000 underlying)
  • Award

    Performance Stock Units

    [F3]
    2026-03-12+250,000→ 250,000 total
    Exercise: $0.00→ Class A Common Stock (250,000 underlying)
Holdings

  • Class A Common Stock

    (indirect: By Trust)
    400,110

  • Class A Common Stock

    [F1]
    (indirect: By Spouse)
    95,948

  • Restricted Stock Units

    [F4][F5]
    Exercise: $0.00→ Class A Common Stock (333,334 underlying)
    333,334

  • Restricted Stock Units

    [F4][F6]
    Exercise: $0.00→ Class A Common Stock (166,667 underlying)
    166,667

  • Stock Options

    Exercise: $1.01From: 2021-04-01Exp: 2027-04-01→ Class A Common Stock (67,974 underlying)
    67,974

  • Stock Options

    Exercise: $1.44From: 2023-01-01Exp: 2029-01-01→ Class A Common Stock (67,971 underlying)
    67,971

  • Earnout Shares

    [F7]
    Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (12,840 underlying)
    12,840

  • Earnout Shares

    [F7]
    (indirect: By Trust)
    Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (50,518 underlying)
    50,518
Footnotes (7)
  • [F1]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
  • [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 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.
  • [F6]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.
  • [F7]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.
Signature
/s/ Joel Agena, Attorney-in-Fact|2026-03-16

Documents

1 file
  • 4
    wk-form4_1773698628.xmlPrimary

    FORM 4