Cohen Michael Daniel 4

What Happened

• Michael Daniel Cohen, Chief Legal Officer of Playtika Holding Corp. (PLTK), had 16,628 shares disposed on 2026-03-13 to satisfy a tax withholding obligation related to equity (Form 4 reports code F). The withholding was at $2.85 per share, totaling $47,390.
• This was not an open-market sale for cash but a tax-withholding disposition (routine administrative action) tied to an exercise or vesting event. Such withholdings are common and do not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date: 2026-03-13; filing date: 2026-03-16 (filed within required timeframe).
• Transaction type/code: F — payment of exercise price or tax liability via share withholding (disposition).
• Shares withheld/disposed: 16,628 at $2.85 each; aggregate value reported: $47,390.
• Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for total beneficial ownership.
• Notable: This is a tax-withholding (cashless/net settlement) action, not an open-market sale. Filing appears timely.

Context

• For retail investors: tax-withholding dispositions are routine when executives exercise options or receive awards and commonly involve the company or broker withholding shares to cover taxes. They are administrative and typically less informative than outright purchases.
• If you want to assess insider conviction, look for purchases or repeated open-market sales over time; a single F-code withholding is neutral by itself.