Suhail Rizvi (PLBY) granted 106,451 RSUs and updates indirect holdings
Rhea-AI Filing Summary
RIZVI SUHAIL reported acquisition or exercise transactions in this Form 4 filing.
Playboy, Inc. director and 10% owner Suhail Rizvi received equity awards in the form of restricted stock units (RSUs). On April 8, 2026, he was granted 41,935 RSUs that vested in full on the grant date and 64,516 RSUs that vest on the earlier of June 16, 2027 or the company’s 2027 annual stockholders’ meeting. Following these awards, his direct common stock holdings increased to 552,835 shares. He is also attributed 18,090,789 shares held indirectly through various Rizvi-controlled funds, for which he and the related entities may be deemed beneficial owners but each disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 106,451 shares
Net Buy
3 txns
Insider
RIZVI SUHAIL
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,935 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 64,516 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 552,835 shares (Direct);
Common Stock — 18,090,789 shares (Indirect, See Footnote)
Footnotes (3)
- F1. Represents a grant of restricted stock units that vested in full on the grant date.
- F2. Represents a grant of restricted stock units that vests on the earlier of (a) June 16, 2027 and (b) the date of Playboy, Inc.'s 2027 annual meeting of its stockholders.
- F3. Represents shares of common stock held by Rizvi Opportunistic Equity Fund II, L.P. ("ROEF II"), shares of common stock held by Rizvi Traverse Partners II, LLC ("RTP II") and shares of common stock held by other funds controlled by Rizvi Traverse Management, LLC ("Rizvi Traverse") or controlled by Mr. Suhail Rizvi. Rizvi Traverse GP II, LLC ("RT GP II") is the general partner of ROEF II. Rizvi Traverse Management II, LLC ("RTM II") is the manager of RTP II. Mr. Rizvi is a manager of RT GP II, RTM II and Rizvi Traverse. Each of RT GP II, RTM II, Rizvi Traverse and Mr. Suhail Rizvi may be deemed to be the beneficial owner of the shares of common stock beneficially owned by such entities, but each disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.
Key Figures
Immediate RSU grant: 41,935 units
2027-vesting RSU grant: 64,516 units
Direct common stock after grants: 552,835 shares
+2 more
5 metrics
Immediate RSU grant
41,935 units
Restricted stock units that vested in full on grant date
2027-vesting RSU grant
64,516 units
RSUs vest on June 16, 2027 or 2027 annual meeting
Direct common stock after grants
552,835 shares
Direct Playboy, Inc. common stock held by Suhail Rizvi
Indirect common stock holdings
18,090,789 shares
Shares held by Rizvi-controlled funds attributed to Rizvi and entities
RSU grant price
$0.00 per share
Compensation-related RSU awards, not open-market purchases
Key Terms
restricted stock units, vests, beneficial owner, pecuniary interest, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units that vested in full on the grant date."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests financial
"Represents a grant of restricted stock units that vests on the earlier of (a) June 16, 2027 and (b) the date of Playboy, Inc.'s 2027 annual meeting"
beneficial owner financial
"may be deemed to be the beneficial owner of the shares of common stock beneficially owned by such entities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"each disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein."
indirect financial
"total_shares_following_transaction": "18090789.0000", "direct_or_indirect": "I""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Suhail Rizvi report in this PLBY Form 4 filing?
Suhail Rizvi reported two equity awards in the form of restricted stock units tied to Playboy, Inc. common stock. One grant vested immediately, while the other will vest in 2027, increasing his direct holdings and updating his reported indirect holdings through affiliated investment funds.
When do Suhail Rizvi’s new PLBY restricted stock units vest?
One grant of 41,935 restricted stock units vested in full on the grant date. The second grant of 64,516 units vests on the earlier of June 16, 2027 or the date of Playboy, Inc.’s 2027 annual meeting of stockholders, according to the disclosure footnote.
What are Suhail Rizvi’s direct and indirect PLBY holdings after this filing?
After these grants, Rizvi directly holds 552,835 shares of Playboy common stock. The filing also attributes 18,090,789 additional shares held indirectly through several Rizvi-controlled funds, for which he and the entities may be deemed beneficial owners but disclaim beneficial ownership except for any pecuniary interest.
Are Suhail Rizvi’s PLBY transactions open-market buys or compensation grants?
The reported transactions are compensation-related grants, coded as awards (transaction code A), not open-market purchases. The 41,935 and 64,516 restricted stock unit grants carry a transaction price of $0.00 per share, reflecting equity awards rather than cash-based buying activity.