Form 4: Playtika CLO Sells Shares for Tax Obligations
Insider Transaction Report
Playtika's Chief Legal Officer, Michael Daniel Cohen, disposed of common stock to cover tax liabilities on December 15, 2025.
Summary
- Michael Daniel Cohen, Chief Legal Officer of Playtika Holding Corp. (PLTK), reported transactions on December 15, 2025.
- Cohen disposed of 12,865 shares of common stock at $4.11 per share.
- An additional 16,595 shares of common stock were disposed of at $4.11 per share.
- These dispositions, totaling 29,460 shares, were made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following these transactions, Cohen directly beneficially owns 771,395 shares of Playtika common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding, which is generally considered neutral and does not reflect a discretionary sale or purchase based on company performance or outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction for tax withholding purposes and does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The disposition of shares by a Chief Legal Officer for tax purposes is a common occurrence and is unlikely to have a significant direct impact on shareholders. It represents a small fraction of the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/15/2025 | Date of common stock disposition transactions by Michael Daniel Cohen. |
| 12/16/2025 | Date the Form 4 was signed by Michael Daniel Cohen. |
Keywords
Playtika, PLTK, Form 4, Insider Transaction, Stock Sale, Chief Legal Officer, Michael Daniel Cohen, Tax Withholding
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