Playtika (PLTK) CHRO Gili Brudno Receives RSU & PSU Award

What Happened

• Gili Brudno, Chief Human Resources Officer of Playtika Holding Corp. (PLTK), received equity awards on August 4, 2026: 106,923 restricted stock units (RSUs) and 213,847 performance stock units (PSUs). Both awards were granted at $0.00 per share (i.e., compensation awards rather than purchases), with no immediate cash outlay reported.
• The RSUs are time‑based awards that convert 1:1 into common shares subject to a quarterly vesting schedule. The PSUs are derivative/performance awards that convert 1:1 into common shares only if performance targets are met over the three‑year performance period.

Key Details

• Transaction date: August 4, 2026; reported filing date: August 5, 2026 (timely filing).
• RSUs granted: 106,923 units @ $0.00 (award).
• PSUs granted: 213,847 units @ $0.00 (derivative/performance award).
• Vesting for RSUs: 1/12th of total vests quarterly (Nov 15, Feb 15, May 15, Aug 15) beginning Nov 15, 2026 and ending Aug 15, 2029, subject to continued employment. (Footnote F1)
• Vesting for PSUs: Three‑year performance period from Sept 1, 2026 to Aug 31, 2029; one‑third of PSUs is eligible to vest on each annual determination date based on Playtika’s total shareholder return and continued service. (Footnote F2)
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing status: appears timely (filed the day after the transaction date); no 10b5‑1 plan or tax‑withholding details disclosed in the provided notes.

Context

• RSUs and PSUs are compensation awards, not open‑market purchases or sales; they represent contingent rights to receive common stock if vesting/performance conditions are met.
• PSUs are performance‑based and may not result in shares unless Playtika meets the TSR targets over the performance period; RSUs are time‑based and will vest with continued employment per the schedule.
• Such grants are common for executives and are intended as long‑term compensation rather than immediate insider trading signals.