PLBY CFO sells 261K shares to cover RSU taxes
Playboy, Inc. CFO & COO Marc Crossman reported selling a total of 261,677 shares of common stock between May 6 and May 8 in open-market transactions at weighted average prices around $1.68–$1.75 per share.
Rhea-AI Filing Summary
Playboy, Inc. CFO & COO Marc Crossman reported selling a total of 261,677 shares of common stock between May 6 and May 8 in open-market transactions at weighted average prices around $1.68–$1.75 per share.
According to the filing, these sales were made solely to cover tax withholding obligations tied to the settlement of previously granted restricted stock units, making them compensation-related rather than discretionary portfolio trades. After these transactions, Crossman continues to hold about 1,358,075 shares directly and 19,608 shares indirectly through his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 82,401 | $1.752 | $144K |
| Sale | Common Stock | 90,383 | $1.6829 | $152K |
| Sale | Common Stock | 88,893 | $1.6918 | $150K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents shares sold solely to cover the reporting person's tax withholding obligations in connection with the settlement of restricted stock units previously granted to the reporting person. Pursuant to the Issuer's current practices, the disclosed sale of shares was made in connection with the settlement of restricted stock units, solely to cover taxes related to such settlement.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $1.66 to $1.78, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $1.64 to $1.735, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $1.65 to $1.82, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
weighted average price financial
indirect financial
open-market sale financial
FAQ
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What insider transactions did PLBY CFO Marc Crossman report?
Are Marc Crossman’s indirect PLBY holdings included in this Form 4?
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