Playtika (PLTK) acting CFO discloses 194,231 shares with long RSU vesting
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Playtika Holding Corp. executive Lee Tae, the Acting CFO, reported initial beneficial ownership of 194,231 shares of common stock. This amount includes unvested restricted stock units (RSUs) granted as equity compensation, which vest over multiple years if service continues.
The holdings include 9,750 unvested RSUs from a February 9, 2023 grant, vesting in roughly 2,437-share installments starting May 9, 2026 through February 9, 2027. They also include 101,039 unvested RSUs from a December 20, 2023 grant, vesting in about 9,185-share quarterly installments from June 20, 2026 through December 20, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Tae
Role
Acting CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 194,231 shares (Direct)
Footnotes (1)
- Includes 9,750 unvested shares underlying restricted stock units ("RSUs") granted to the Reporting Person on February 9, 2023. Approximately 2,437 shares of the remaining number of RSUs will vest on May 9, 2026 and approximately 2,437 shares will vest following each three-month period thereafter so that all of the remaining RSUs shall be vested on February 9, 2027, subject to the Reporting Person's continued service on the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock of the Issuer. Includes 101,039 unvested shares underlying RSUs granted to the Reporting Person on December 20, 2023. Approximately 9,185 shares of the remaining number of RSUs will vest on June 20, 2026 and approximately 9,185 shares will vest following each three-month period thereafter so that all of the remaining RSUs shall be vested on December 20, 2028, subject to the Reporting Person's continued service on the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
Key Figures
Beneficial ownership: 194,231 shares of common stock
Unvested RSUs (Feb 9, 2023 grant): 9,750 RSUs
2023 RSU tranche size (Feb grant): 2,437 RSUs
+2 more
5 metrics
Beneficial ownership
194,231 shares of common stock
Shares beneficially owned by Acting CFO Lee Tae following reported holdings
Unvested RSUs (Feb 9, 2023 grant)
9,750 RSUs
Unvested restricted stock units granted on February 9, 2023
2023 RSU tranche size (Feb grant)
2,437 RSUs
Approximate number vesting on May 9, 2026 and each three-month period through February 9, 2027
Unvested RSUs (Dec 20, 2023 grant)
101,039 RSUs
Unvested restricted stock units granted on December 20, 2023
2023 RSU tranche size (Dec grant)
9,185 RSUs
Approximate number vesting on June 20, 2026 and each three-month period through December 20, 2028
Key Terms
restricted stock units ("RSUs"), vest, contingent right, beneficially owns
4 terms
restricted stock units ("RSUs") financial
"Includes 9,750 unvested shares underlying restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"Approximately 2,437 shares of the remaining number of RSUs will vest on May 9, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
beneficially owns financial
"Includes 101,039 unvested shares underlying RSUs granted to the Reporting Person"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
What does Playtika (PLTK) Acting CFO Lee Tae report on this Form 3?
The Form 3 shows Acting CFO Lee Tae beneficially owns 194,231 shares of Playtika common stock. This total includes both currently held shares and unvested restricted stock units that may convert into shares if continued service requirements are met.
How many Playtika (PLTK) RSUs from 2023 are reported by Lee Tae?
Lee Tae reports 9,750 unvested RSUs granted on February 9, 2023. These restricted stock units each represent a contingent right to receive one Playtika common share, subject to future vesting dates and continued service with the company.
What is the vesting schedule for Lee Tae’s February 9, 2023 Playtika RSUs?
For the February 9, 2023 grant, about 2,437 RSUs will vest on May 9, 2026, with approximately 2,437 shares vesting after each three-month period, so all remaining RSUs vest by February 9, 2027, assuming continued service.
What RSU grant did Playtika (PLTK) give Lee Tae on December 20, 2023?
The Form 3 notes 101,039 unvested RSUs granted to Lee Tae on December 20, 2023. Each restricted stock unit represents a contingent right to receive one share of Playtika common stock if future vesting and service conditions are satisfied.
How do the December 20, 2023 RSUs for Playtika’s Acting CFO vest?
For the December 20, 2023 grant, about 9,185 RSUs will vest on June 20, 2026, with roughly 9,185 shares vesting each following three-month period until all remaining RSUs are vested on December 20, 2028, subject to continued service.