Fortress entities cut Playboy (PLBY) stake with 1.9M-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Playboy, Inc. large shareholder group reports open-market sales of common stock. Investment entities affiliated with Fortress, including FIG Buyer GP, LLC and related funds, disclosed eight open-market sales of Playboy common stock on June 18, 2026, totaling 1,904,762 shares at $1.05 per share.
The shares were held indirectly through various funds and CLO vehicles, such as Drawbridge Special Opportunities Fund LP and related entities. The reporting persons state that they disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest in them.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,904,762 shares ($2,000,000)
Net Sell
8 txns
Insider
FIG Buyer GP, LLC, FIG LLC, Fortress Principal Investment Holdings IV LLC, Fortress Operating Entity I LP, FIG Blue LLC, Fortress Investment Group LLC, FINCO I Intermediate Holdco LLC, FINCO I LLC, FIG Parent, LLC, Foundation Holdco LP
Role
null | null | null | null | null | null | null | null | null | null
Sold
1,904,762 shs ($2.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.0001 par value per share | 923,499 | $1.05 | $970K |
| Sale | Common Stock, $0.0001 par value per share | 371,639 | $1.05 | $390K |
| Sale | Common Stock, $0.0001 par value per share | 295,540 | $1.05 | $310K |
| Sale | Common Stock, $0.0001 par value per share | 108,292 | $1.05 | $114K |
| Sale | Common Stock, $0.0001 par value per share | 95,451 | $1.05 | $100K |
| Sale | Common Stock, $0.0001 par value per share | 44,472 | $1.05 | $47K |
| Sale | Common Stock, $0.0001 par value per share | 42,866 | $1.05 | $45K |
| Sale | Common Stock, $0.0001 par value per share | 23,003 | $1.05 | $24K |
Holdings After Transaction:
Common Stock, $0.0001 par value per share — 7,119,718 shares (Indirect, See Footnote)
Footnotes (1)
- Held directly by Drawbridge Special Opportunities Fund LP ("DBSO"). Drawbridge Special Opportunities Advisors LLC ("DBSO Advisors") is the investment advisor to DBSO. Held directly by Drawbridge DSO Securities LLC ("DBDSO"). DBSO is the sole member and owner of all of the outstanding membership interests in DBDSO. Held directly by DBDB Funding LLC ("DBDB Funding"). DBSO is the indirect owner of all of the outstanding membership interests of DBDB Funding. Held directly by FLF I Securities L.P ("FLF I"). Fortress Lending Advisors LLC ("Fortress Lending") is the investment manager of an entity that controls FLF I. FIG LLC is the holder of all of the issued and outstanding interests of Fortress Lending. Held directly by Fortress Credit Opportunities XV CLO Limited ("FCO XV CLO"). FCOD CLO Management LLC ("FCOD CLO") is the collateral manager of FCO XV CLO. DBSO is the holder of all of the issued and outstanding interests of FCOD CLO. Held directly by Fortress Credit Opportunities XI CLO Limited ("FCO XI CLO"). FCOD CLO is the collateral manager of FCO XI CLO. Held directly by FCO XVII PLYB Holdings LLC ("FCO XVII"). Fortress Credit Opportunities XVII CLO Limited ("FCO XVII CLO") is the direct holder of 99.8%, and the indirect holder of 0.2%, of all of the issued and outstanding interests of FCO XVII. FCO XVII CLO CM LLC ("FCO XVII CLO CM") is the collateral manager of FCO XVII CLO. Fortress Lending is the holder of all of the issued and outstanding interests of FCO XVII CLO CM. Held directly by DBO PLYB Holdings LLC ("DBO PLYB"). Drawbridge Special Opportunities Fund Ltd. ("DBSOF") is the direct holder of 99.8% and the indirect holder of 0.2% of all of the issued and outstanding interests of DBO PLYB. DBSO Advisors is the investment manager of DBSOF. Drawbridge Special Opportunities GP LLC ("DBSO GP") is the general partner of DBSO. Fortress Principal Investment Holdings IV LLC ("FPI IV") is the managing member of DBSO GP. FIG LLC is the holder of all membership interests of DBSO Advisors. Fortress Operating Entity I LP ("FOE") is the holder of all of the issued and outstanding membership interests of FIG LLC and FPI IV. FIG Blue LLC ("FIG Blue") is the general partner of FOE. Fortress Investment Group LLC ("Fortress") is the sole member of FIG Blue. FINCO I Intermediate Holdco LLC ("FINCO Intermediate") is the sole member of Fortress. FINCO I LLC ("FINCO") is the sole member of FINCO Intermediate. FIG Parent, LLC ("FIG Parent") is the sole member of FINCO. Foundation Holdco LP ("Foundation") is the sole member of FIG Parent. FIG Buyer GP, LLC is the general partner of Foundation. Each reporting person disclaims beneficial ownership of all reported securities except to the extent of its pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 or otherwise.
Key Figures
Shares sold: 1,904,762 shares
Sale price: $1.05 per share
Largest single trade: 923,499 shares
+2 more
5 metrics
Shares sold
1,904,762 shares
Total net shares sold across eight transactions on June 18, 2026
Sale price
$1.05 per share
Price for each reported open-market sale of PLBY common stock
Largest single trade
923,499 shares
Single transaction of common stock sold indirectly with 7,119,718 shares remaining for that holder
Number of sale transactions
8 sales
All coded as open-market or private sale (code S)
Reporting status
Ten percent owners
All listed reporting entities are flagged as 10% owners of PLBY
Key Terms
open-market sale, beneficial ownership, pecuniary interest, ten percent owner, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership regulatory
"Each reporting person disclaims beneficial ownership of all reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its pecuniary interest therein"
ten percent owner regulatory
"each reporting person is marked as a ten percent owner"
collateral manager financial
"FCOD CLO Management LLC is the collateral manager of FCO XV CLO"
FAQ
Who are the reporting persons in the Playboy (PLBY) Form 4 filing?
The reporting group includes FIG Buyer GP, LLC, FIG LLC, Fortress Principal Investment Holdings IV LLC, Fortress Operating Entity I LP, FIG Blue LLC, Fortress Investment Group LLC, FINCO entities, FIG Parent, LLC, and Foundation Holdco LP, all described as ten percent owners in the Form 4.