Form 4: PLBY Group CEO Bernhard Kohn III Reports Stock Grants and Holdings

CEO Bernhard Kohn III reports receiving stock grants and disclosing beneficial ownership of PLBY Group shares through various trusts and entities.

Summary

• On May 2, 2025, Bernhard L. Kohn III, CEO and President of PLBY Group, Inc., reported transactions involving PLBY common stock.
• Kohn acquired 783,392 shares of common stock and 1,000,000 shares of common stock, both at a price of $0.
• These acquisitions increased his direct holdings to 4,373,415 shares.
• He also has indirect ownership through Cold Springs Trust (75,361 shares), Woodburn Dr LP (445,309 shares), and Bircoll Kohn Family Trust (50,000 shares).
• Kohn disclaims beneficial ownership of shares held by these entities except to the extent of his pecuniary interest.
• The 783,392 shares represent restricted stock units vesting on June 30, 2026, and the 1,000,000 shares represent restricted stock units vesting on April 30, 2026.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock grants to the CEO, which is generally viewed as a positive sign of aligning management interests with shareholders. The sentiment is neutral to slightly positive.

Positives

• The grant of restricted stock units to the CEO aligns his interests with those of the shareholders.
• The vesting schedules (June 30, 2026 and April 30, 2026) encourage long-term commitment from the CEO.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedules of the restricted stock units.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency regarding their transactions in the company's stock. This filing indicates executive compensation and ownership structure.

Comparison to Industry Standards

• Executive compensation packages often include stock grants and restricted stock units to align management's interests with shareholders, a common practice among publicly traded companies.
• Vesting schedules are also standard, typically ranging from one to five years, to incentivize long-term performance.

Stakeholder Impact

• Shareholders may view the stock grants as a positive sign of aligning management's interests with the company's long-term success.
• Employees may see the CEO's increased stake in the company as a sign of confidence in its future.

Key Dates

Keywords

PLBY Group, Bernhard Kohn III, stock, restricted stock units, beneficial ownership, Form 4, SEC