Playtika (PLTK) CLO Michael Cohen Receives RSU & PSU Awards

What Happened
Michael Daniel Cohen, Chief Legal Officer of Playtika Holding Corp. (PLTK), received two equity awards on August 4, 2026: 160,385 restricted stock units (RSUs) and 320,770 performance stock units (PSUs). Both awards were granted at $0.00 (no cash paid). Each RSU/PSU is a contingent right to receive one share of common stock if and when the units vest. If all PSUs vest, the maximum potential additional shares would be 320,770, making the combined possible shares 481,155.

Key Details

• Transaction date: August 4, 2026; Form 4 filed August 5, 2026 (timely — Form 4 required within two business days).
• Awards: 160,385 RSUs and 320,770 PSUs; grant price reported as $0.00 (award/ grant code "A").
• Shares owned after the transaction: Not specified in the filing.
• Footnote highlights:
  • RSU vesting: 1/12th of total RSUs vest quarterly on Nov 15, Feb 15, May 15 and Aug 15, beginning Nov 15, 2026 and ending Aug 15, 2029, subject to continued service.
  • PSU vesting: Three-year performance period Sept 1, 2026–Aug 31, 2029; one-third of PSUs eligible to vest on each annual determination date based on Playtika’s total shareholder return, subject to continued service.
• No indication of a 10b5-1 plan, tax-withholding sale, gift, or option exercise in this filing.

Context
These are standard equity compensation awards commonly used to retain and incentivize executives. RSUs vest based on continued employment; PSUs vest only if performance targets are met over the three-year period, so the PSU shares are contingent on both performance and service. Because this filing reports grants (not purchases or sales), it does not signal an immediate buy or sell by the insider.