Form 4: Playboy CFO's Stock Withholding for Tax Obligations

Playboy Inc.'s CFO and COO, Marc Crossman, reported the withholding of shares to cover tax obligations related to restricted stock unit vesting, not a sale.

Summary

• Marc Crossman, CFO & COO of Playboy, Inc. (PLBY), reported transactions involving the company's common stock.
• On January 21, 2026, 103,216 shares of common stock were withheld by the Issuer at a price of $1.92 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
• On January 22, 2026, an additional 97,430 shares of common stock were withheld by the Issuer at a price of $1.92 per share for similar tax withholding purposes related to RSU vesting.
• These transactions do not represent a sale of shares by Mr. Crossman.
• Following these reported transactions, Mr. Crossman directly beneficially owns 873,794 shares of common stock.
• Additionally, 19,608 shares are indirectly beneficially owned by his wife.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes related to RSU vesting, which is a neutral event from an investment sentiment perspective. It is neither inherently positive nor negative for the company's operational or financial performance.

Positives

• The filing clarifies that the reported transactions were solely for tax withholding purposes related to restricted stock unit vesting and do not represent a sale of shares by the reporting person, which can alleviate concerns about insider selling.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The reported transactions represent shares of Issuer common stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer common stock delivered to the Reporting Person from the vesting of restricted stock units.
• These transactions do not represent a sale by the Reporting Person.

Industry Context

This Form 4 filing details a routine insider transaction for tax compliance and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The filing clarifies that the reduction in direct beneficial ownership is due to tax withholding, not a discretionary sale by the CFO, which may prevent misinterpretation of insider sentiment.

Key Dates

Keywords

Playboy Inc., PLBY, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, CFO, COO, Marc Crossman