PLBY (PLBY) General Counsel reports RSU tax share withholding

Rhea-AI Filing Summary

Playboy, Inc. officer reports tax-related share withholding, not open-market sales. General Counsel & Secretary Christopher Riley reported that the company withheld 167,301 shares of common stock on January 21, 2026 and 73,165 shares on January 22, 2026 at $1.92 per share to cover tax obligations from vesting restricted stock units.

These transactions are coded as "F," meaning they relate to share withholding for taxes, and the footnotes state that no shares were sold by the reporting person. After these transactions, Riley directly owned 1,102,337 shares following the January 21 withholding and 1,029,172 shares following the January 22 withholding.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Riley Christopher

(Last) (First) (Middle)

C/O PLAYBOY, INC.

10960 WILSHIRE BLVD, SUITE 2200

(Street)

LOS ANGELES CA 90024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Playboy, Inc. [ PLBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/21/2026		F		167,301(1)	D	$1.92	1,102,337	D
Common Stock	01/22/2026		F		73,165(2)	D	$1.92	1,029,172	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Issuer common stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer common stock delivered to the Reporting Person on January 21, 2026, from the vesting of restricted stock units, and does not a represent a sale by the Reporting Person. This Form 4 relates solely to the withholding of shares in connection with the settlement of previously granted and reported vested restricted stock units. No shares were sold by the Reporting Person.

2. Represents shares of Issuer common stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer common stock delivered to the Reporting Person on January 22, 2026, from the vesting of restricted stock units, and does not a represent a sale by the Reporting Person. This Form 4 relates solely to the withholding of shares in connection with the settlement of previously granted and reported vested restricted stock units. No shares were sold by the Reporting Person.

Remarks:

	/s/ Christopher Riley	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did PLBY General Counsel Christopher Riley report?

Christopher Riley reported that Playboy, Inc. withheld 167,301 shares on January 21, 2026 and 73,165 shares on January 22, 2026 of common stock to satisfy tax withholding obligations related to vested restricted stock units.

Were any PLBY shares actually sold by Christopher Riley in this Form 4?

No. The footnotes state that the reported transactions represent shares withheld by the issuer solely to satisfy tax withholding obligations from RSU vesting and that no shares were sold by Christopher Riley.

What do the transaction code "F" entries mean in the PLBY Form 4?

Transaction code "F" shows that the reported amounts are tax-withholding transactions tied to the net issuance of Playboy, Inc. common stock upon RSU vesting, rather than discretionary market purchases or sales.

How many PLBY shares does Christopher Riley own after these transactions?

After the January 21, 2026 withholding, Christopher Riley directly owned 1,102,337 shares of Playboy, Inc. common stock, and after the January 22, 2026 withholding he directly owned 1,029,172 shares.

What role does Christopher Riley hold at Playboy, Inc. (PLBY)?

Christopher Riley is reported as an officer of Playboy, Inc., serving as General Counsel & Secretary according to the Form 4.

At what price were the PLBY shares withheld for tax purposes?

Both tax-withholding transactions for Playboy, Inc. common stock used a price of $1.92 per share as shown in the Form 4 tables.