CROSSMAN MARC 4

What Happened

• Marc Crossman, Playboy's (PLBY) Chief Financial Officer and Chief Operating Officer, sold 104,035 shares on March 25, 2026. The reported weighted-average price was $1.66 per share for a total of approximately $172,844. This transaction is a sale (not a purchase) and—per the filing—was executed to cover tax withholding obligations tied to the settlement of previously granted restricted stock units.

Key Details

• Transaction date: 2026-03-25; filing date (Form 4): 2026-03-27 (filed within the normal reporting window).
• Shares sold: 104,035; weighted-average price reported: $1.66; total value ≈ $172,844.
• Price range: shares were sold in multiple trades at prices from $1.645 to $1.745 (footnote indicates a weighted average and offers to provide per-trade breakdown on request).
• Footnote: Sale was solely to cover tax withholding on vested RSUs (tax withholding / cashless settlement).
• Shares owned after the transaction: not disclosed in the provided filing.

Context

• This was a withholding sale related to the settlement of restricted stock units—common practice when companies or insiders sell shares to cover taxes. Such sales are routine and do not necessarily signal the insider's broader view of the company. Purchases generally carry more weight as a bullish signal than routine withholding sales.