Playtika (PLTK) Chief Legal Officer reports 16,628-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Playtika Holding Corp.’s Chief Legal Officer Michael Daniel Cohen reported a tax-related share disposition. On June 15, 2026, 16,628 shares of Common Stock were withheld at $3.37 per share to cover tax obligations, a non‑market transaction. After this withholding, Cohen directly owned 827,239 shares, indicating he retained a substantial equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cohen Michael Daniel
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 16,628 | $3.37 | $56K |
Holdings After Transaction:
Common Stock — 827,239 shares (Direct, null)
Footnotes (1)
Key Figures
Shares withheld for taxes: 16,628 shares
Tax withholding price: $3.37 per share
Shares held after transaction: 827,239 shares
+1 more
4 metrics
Shares withheld for taxes
16,628 shares
Tax-withholding disposition on June 15, 2026
Tax withholding price
$3.37 per share
Value used for tax-withholding disposition
Shares held after transaction
827,239 shares
Direct ownership following tax-withholding on June 15, 2026
Tax-withholding transactions
1 transaction
Count of tax-withholding events in this Form 4
Key Terms
Form 4, tax-withholding disposition, Common Stock, transaction code F
4 terms
Form 4 regulatory
"This Form 4 shows a tax-withholding disposition, not an open-market sale."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"The Form 4 shows a tax-withholding disposition, not an open-market sale."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"16,628 Playtika common shares were used to satisfy tax obligations."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code F regulatory
"Transaction code F indicates payment of an exercise price or tax liability by delivering securities."
FAQ
What did Playtika (PLTK) executive Michael Daniel Cohen report in this Form 4?
Michael Daniel Cohen reported shares withheld for taxes, not an open-market trade. On June 15, 2026, 16,628 Playtika common shares were used to satisfy tax obligations, while he continued to hold 827,239 shares directly after the transaction.
Was the Playtika (PLTK) Form 4 transaction a stock sale by Michael Daniel Cohen?
The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities at $3.37 per share, and Cohen’s direct ownership after the transaction remained 827,239 shares of Playtika common stock.
What does transaction code F mean in the Playtika (PLTK) Form 4 for Michael Daniel Cohen?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Form 4, 16,628 Playtika shares were used to satisfy tax obligations at $3.37 per share, rather than being sold in the open market.