Form 4: PLAYSTUDIOS CEO Transfers Shares to Family Trust
Statement of Changes in Beneficial Ownership
Andrew S. Pascal, Chairman and CEO of PLAYSTUDIOS, Inc., transferred 352,113 shares of Class A Common Stock from direct to indirect ownership via a family trust.
Summary
- Andrew S. Pascal, Chairman and CEO, Director, and 10% Owner of PLAYSTUDIOS, Inc. (MYPS), executed a transfer of shares.
- On August 26, 2025, 352,113 shares of Class A Common Stock were disposed from direct ownership.
- Concurrently, 352,113 shares of Class A Common Stock were acquired indirectly by the Pascal Family Trust.
- The transaction price for these transfers was $0, indicating a change in ownership form rather than a sale or purchase.
- Following the reported transaction, Andrew S. Pascal beneficially owns 758,413 shares indirectly through the Pascal Family Trust.
- The transfer represents only a change in the form of ownership from direct to indirect, and Andrew S. Pascal remains the beneficial owner of the securities, with no change to his overall beneficial ownership.
Sentiment
Score: 5
Explanation: The filing reports a neutral event, a change in the form of beneficial ownership from direct to indirect, with no impact on the overall beneficial ownership or the company's operational or financial status. It is an administrative action.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Management Comments
- The transfer reflects only a change in the form of ownership from direct to indirect and does not affect the overall beneficial ownership of securities by the Reporting Person.
Industry Context
This filing is an administrative disclosure of an insider's change in the form of share ownership and does not provide information related to broader industry trends or competitive landscape.
Related Party Transactions
- Transfer of 352,113 shares of Class A Common Stock from Andrew S. Pascal's direct ownership to the Pascal Family Trust, where Andrew S. Pascal remains the beneficial owner.
Stakeholder Impact
- Shareholders: No direct impact on the company's outstanding shares, market capitalization, or operational performance. The overall beneficial ownership by the CEO remains unchanged.
- Employees, Customers, Suppliers, Creditors: No discernible impact as the transaction is an internal administrative change in share ownership.
Key Dates
| Date | Description |
|---|---|
| 08/26/2025 | Date of earliest transaction, involving the transfer of Class A Common Stock from direct to indirect ownership. |
| 08/28/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed by the Reporting Person's Attorney-in-Fact. |
Keywords
PLAYSTUDIOS, MYPS, Andrew S. Pascal, Insider Transaction, Form 4, Share Transfer, Beneficial Ownership, Family Trust
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