Cohen Michael Daniel 4
Research Summary
AI-generated summary
Playtika (PLTK) Chief Legal Officer Michael D. Cohen Sells 16,628 Shares
What Happened
Michael Daniel Cohen, Playtika's Chief Legal Officer, disposed of 16,628 shares on 2026-06-15. The shares were recorded at $3.37 each, for a total value of $56,036. This transaction was reported as code F, indicating the shares were surrendered to satisfy tax withholding (not an open-market sale).
Key Details
- Transaction date: 2026-06-15; Filing date: 2026-06-17 (Form 4 accession 0001605077-26-000006). Filing appears timely.
- Price per share: $3.37; Shares disposed: 16,628; Total value: $56,036.
- Transaction code: F — Payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
- Shares owned after the transaction: not specified in the provided summary (check full Form 4 for current holdings).
- No 10b5-1 plan or late-filing indicator noted in the provided details.
Context
An F-code disposition usually reflects tax withholding tied to option exercises or vesting events (a cashless/withholding settlement), not necessarily a voluntary sale expressing a view on the stock. For retail investors, these transactions are typically administrative and less informative about insider sentiment than open-market purchases.