Form 4: Playtika Holding Corp. Executive Michael Daniel Cohen Reports Stock Disposals
SEC Form 4
Michael Daniel Cohen, Chief Legal Officer of Playtika Holding Corp., reported the disposal of common stock to cover tax obligations.
Summary
- On March 15, 2025, Michael Daniel Cohen, the Chief Legal Officer of Playtika Holding Corp., disposed of 12,865 shares of common stock at a price of $4.58.
- Following this transaction, Cohen directly owns 876,370 shares of Playtika Holding Corp.
- On the same date, Cohen disposed of another 16,595 shares of common stock at $4.58 per share, resulting in direct ownership of 859,775 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock disposals by an executive, likely for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal transactions |
| 03/17/2025 | Date of signature on the Form 4 filing |
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