Playtika (PLTK) legal chief nets new shares as PSUs vest
Rhea-AI Filing Summary
Playtika Holding Corp. reported that Chief Legal Officer Michael Daniel Cohen received multiple share awards as performance-based equity vested. On February 19, 2026, three grants of common stock totaling 50,676, 65,359 and 65,359 shares were acquired at a stated price of $0.00 per share as part of previously granted Performance Stock Units (PSUs).
These PSUs were originally granted on February 7, 2022 and December 18, 2024, and vested after the compensation committee determined the performance conditions had been met. To satisfy tax obligations, 25,784, 33,255 and 33,255 shares were disposed of at $3.46 per share through tax-withholding transactions rather than open-market sales. Following these transactions, Cohen directly owns 860,495 shares of Playtika common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,676 | $0.00 | -- |
| Grant/Award | Common Stock | 65,359 | $0.00 | -- |
| Grant/Award | Common Stock | 65,359 | $0.00 | -- |
| Tax Withholding | Common Stock | 25,784 | $3.46 | $89K |
| Tax Withholding | Common Stock | 33,255 | $3.46 | $115K |
| Tax Withholding | Common Stock | 33,255 | $3.46 | $115K |
Footnotes (1)
- Represents an award of Performance Stock Units ("PSUs") originally granted to the Reporting Person on February 7, 2022. On February 19, 2026, the compensation committee of the Issuer's board of directors determined that the performance condition with respect to the fourth and final performance period for such award had been satisfied, resulting in the vesting of the shares of Common Stock reported herein. Represents an award of PSUs originally granted to the Reporting Person on December 18, 2024. On February 19, 2026, the compensation committee of the Issuer's board of directors determined that the performance condition with respect to the first of three performance periods for such award had been satisfied, resulting in the vesting of the shares of Common Stock reported herein. Represents an award of PSU's originally granted to the Reporting Person on December 18, 2024. On February 19, 2026, the compensation committee of the Issuer's board of directors determined that the performance condition with respect to the first of three performance periods for such award had been satisfied, resulting in the vesting of the shares of Common Stock reported herein.