Playboy, Inc. filings document the regulatory record for a Nasdaq-listed operating company built around the Playboy brand, including results of operations, material events, governance and capital structure. Form 8-K reports have covered financial results and preliminary estimates, investor presentation materials, executive appointments, employment and retention arrangements, and changes in the independent registered public accounting firm, including internal-control disclosures.
Proxy materials describe shareholder voting matters, board governance, executive compensation and equity incentive awards. The filing record also identifies the company’s common stock listed on the Nasdaq Global Market under PLBY and supports recurring disclosure on licensing, digital content, consumer products and operating subsidiary matters.
Miller David Edward reported acquisition or exercise transactions in this Form 4 filing.
Playboy, Inc. executive David Edward Miller, President of Playboy, Media & Brand, received a grant of 225,806 shares of common stock as an equity award. The filing shows these as restricted stock units that vest in full on April 30, 2027, rather than an open‑market purchase. Following this grant, Miller directly holds 474,675 shares of common stock, highlighting a meaningful equity-based component in his compensation.
Edmonds Tracey E reported acquisition or exercise transactions in this Form 4 filing.
Playboy, Inc. director Tracey E. Edmonds received an equity grant of 64,516 shares of common stock as a compensation award. The grant is structured as restricted stock units that vest on the earlier of June 16, 2027 or the company’s 2027 annual stockholders’ meeting. Following this award, Edmonds directly holds 279,526 shares of Playboy common stock.
Yaffe James reported acquisition or exercise transactions in this Form 4 filing.
Playboy, Inc. director James Yaffe received an equity grant in the form of restricted stock units covering 64,516 shares of Common Stock. The award was recorded at a price of $0.00 per share, reflecting that it is a compensation grant rather than an open-market purchase.
Following this grant, Yaffe directly holds 379,492 shares of Common Stock. The restricted stock units vest on the earlier of June 16, 2027 or the date of Playboy, Inc.'s 2027 annual meeting of stockholders, tying the award to multi‑year service on the board.
Riley Christopher reported acquisition or exercise transactions in this Form 4 filing.
Playboy, Inc. reported that General Counsel & Secretary Christopher Riley received three equity grants of Common Stock on April 8, 2026 under code A (grant or award). The awards totaled 274,187 shares, 350,000 shares, and 225,806 shares at a stated price of $0.00 per share. Footnotes state these represent restricted stock units that vest in full on April 30, 2027 and June 30, 2027. Following the grants, Riley directly holds 1,879,165 shares of Playboy common stock.
HILL JULIANA F reported acquisition or exercise transactions in this Form 4 filing.
Playboy, Inc. director Juliana F. Hill received a grant of 64,516 shares of Common Stock in the form of restricted stock units at no cash cost. These RSUs vest on the earlier of June 16, 2027 or the company’s 2027 annual stockholder meeting. Following this award, she holds 372,169 shares of Common Stock directly, reflecting routine equity-based director compensation rather than an open-market purchase.
Playboy, Inc. has replaced its long-time auditor. On March 26, 2026 the company dismissed BDO USA, P.C. as its independent registered public accounting firm, and on March 31, 2026 engaged RSM US LLP as auditor for the year ending December 31, 2026.
The company reports no disagreements with BDO over accounting principles, disclosures, or audit procedures, and BDO’s opinions for 2024 and 2025 were clean. However, previously disclosed material weaknesses in internal control over financial reporting, including entity-level, IT, review, and inventory controls, remain unremediated as of this report.
Playboy, Inc. CFO & COO Marc Crossman reported a tax-related share sale. He sold 104,035 shares of common stock on March 25, 2026 at a weighted average price of $1.6614 per share. Footnotes explain the sale was made solely to cover tax withholding obligations tied to the settlement of previously granted restricted stock units, rather than a discretionary open-market liquidation. After the transaction, he held 769,759 shares directly and 19,608 shares indirectly through his wife.
Playboy, Inc. provided an investor presentation outlining a licensing-led turnaround, balance sheet deleveraging, and growth plans across four pillars: licensing, media & experiences, hospitality, and Honey Birdette. For 2025, the company generated net revenues of $120.9M and improved its net loss to $12.7M from $79.4M in 2024, with Adjusted EBITDA rising to $17.0M.
The presentation highlights a strategic China licensing partnership with UTG, including $45M cash for 50% of the China licensing business and $122M in total guaranteed minimum payments, of which $52M is earmarked for debt reduction upon closing. Senior debt was already cut from $218M to $153M in Q4 2024, and the company targets about $105M of debt and roughly $9M in annual cash interest by Q1 2028.
Licensing delivered about $120M of 2025 revenue, with licensing representing 38% of total revenue, 90% gross margin, and 90% of licensing revenue under guarantees, totaling more than $340M in unrecognized future revenue. Honey Birdette returned to growth with 2025 sales of $71M, gross margin of 60%, and Adjusted Operating Income of $6.6M, driven by full-price selling and strong U.S. economics. Management emphasizes recurring, high-margin cash flow, four consecutive quarters of positive Adjusted EBITDA, and an asset-light strategy built around the Playboy brand’s 72-year cultural IP.
Playboy, Inc. has completed the initial closing of a transaction to sell 50% of its China, Hong Kong and Macau licensing business to UTG Brands Management Group for an aggregate purchase price of $45,000,000, executed through a joint venture structure.
At the first closing on March 20, 2026, UTG acquired a 16.67% stake in the JV for $15,003,000, of which $15,000,000 was used to pay down senior secured debt. Playboy also received a $4,000,000 brand support payment and began receiving guaranteed minimum JV distributions of $10,000,000 in 2026, $9,000,000 in 2027 and $8,000,000 annually from 2028 through 2033, backed by UTG. Pro forma data show lower interest expense and a gain on debt extinguishment, supporting Playboy’s shift to an asset-light, licensing-focused model while maintaining ongoing economic participation in its China business.