4Filed Jul 19, 8:00 PM ET
PLAYSTUDIOS (MYPS) Director Horowitz Hyman Joseph Receives Award
$MYPS · PLAYSTUDIOS, Inc.Research Summary
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PLAYSTUDIOS (MYPS) Director Horowitz Hyman Joseph Receives Award
What Happened
- Horowitz Hyman Joseph, a member of PLAYSTUDIOS' Board of Directors, was granted 120,000 restricted stock units (RSUs) on July 16, 2026. The grant is reported at $0.00 per unit (typical for RSU awards), representing a contingent right to receive one share of Class A common stock per vested RSU upon settlement.
- This was an equity award (compensation), not a purchase or sale. The award will convert to shares only as the RSUs vest.
Key Details
- Transaction date and type: 2026-07-16 — Award/Grant of 120,000 RSUs (Code A).
- Reported price: $0.00 per RSU (award/grant).
- Vesting schedule: Four equal tranches vesting on Aug 15, 2026; Nov 15, 2026; Feb 15, 2027; and May 15, 2027, subject to continued board service (footnote F2).
- Shares issuable: 120,000 Class A shares upon vesting (footnote F1). Footnote F3 indicates these shares are included in the insider’s reported holdings on the Form 4.
- Filing: Form 4 filed 2026-07-20 for the 7/16/2026 grant — filing appears timely (filed within required business-day window).
Context
- RSUs are a deferred equity award: they only become actual shares when vested and settled. This grant is standard director compensation and does not indicate an immediate market buy or sell.
- When RSUs vest and are settled, they will dilute existing shareholders to the extent new shares are issued; however, the grant itself is routine compensation and should be viewed as such unless accompanied by other insider buying or selling activity.