Oseland Robert L 4

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.