RIZVI SUHAIL 4

What Happened
Suhail Rizvi, a reported ~10% owner of Playboy, Inc. (PLBY), was granted/received a total of 106,451 restricted stock units (RSUs) on April 8, 2026. The filing shows two award entries: 41,935 shares acquired at $0.00 that vested in full on the grant date (footnote F1), and 64,516 shares acquired at $0.00 that vest on the earlier of June 16, 2027 or the 2027 annual meeting (footnote F2). The reported acquisition price for both awards is $0, so the filing reports $0 paid for the awards (typical for RSU grants as compensation or award).

Key Details

• Transaction date: April 8, 2026; Form 4 filed April 10, 2026 (timely filing).
• Transaction type/code: A = Award/Grant of RSUs. Price per share reported = $0.00.
• Shares granted/vested: 41,935 RSUs vested immediately (F1); 64,516 RSUs subject to future vesting (F2); total 106,451.
• Reported transaction value on Form 4: $0 (reflects grant accounting, not market value).
• Shares owned after transaction: not specified in the filing.
• Beneficial ownership note (F3): some shares are held by funds and entities controlled by Rizvi; those entities and Mr. Rizvi may be deemed beneficial owners of certain shares but disclaim beneficial ownership except for any pecuniary interest.

Context
RSU awards are compensation/ownership awards rather than open-market purchases; the immediate vesting of 41,935 RSUs provides Rizvi with registered shares now, while the 64,516 RSUs remain subject to future vesting conditions. As a 10% owner, Rizvi’s holdings include shares held through related funds and entities (see F3), so these transactions reflect awards to him/affiliates rather than a routine buy or sell in the open market.