Playtika (PLTK) legal chief uses 16,628 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Playtika Holding Corp. Chief Legal Officer Michael Daniel Cohen reported a tax-withholding disposition of 16,628 shares of common stock at $2.85 per share. These shares were delivered to cover tax obligations and were not an open-market sale. After this transaction, he directly holds 843,867 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cohen Michael Daniel
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 16,628 | $2.85 | $47K |
Holdings After Transaction:
Common Stock — 843,867 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Playtika (PLTK) report for Michael Daniel Cohen?
Playtika’s Chief Legal Officer Michael Daniel Cohen reported a tax-withholding disposition of 16,628 common shares. The shares were used to satisfy tax obligations, not sold on the open market, and he still directly holds 843,867 shares afterward.
Was the Playtika (PLTK) insider transaction an open-market sale?
No, the transaction was classified as a tax-withholding disposition, not an open-market sale. Shares were delivered at $2.85 each to cover tax liabilities, while Michael Daniel Cohen’s remaining direct holdings total 843,867 shares after the transaction.
What does the F code mean in the Playtika (PLTK) Form 4 filing?
The F transaction code indicates shares were disposed of to pay an exercise price or tax liability. In this case, 16,628 Playtika common shares at $2.85 were used for tax withholding, rather than being sold through an open-market transaction.
Is the Playtika (PLTK) insider transaction primarily a buy or sell signal?
The transaction is classified as a tax-withholding disposition, not a typical buy or sell signal. It reflects shares used to cover tax liabilities while Michael Daniel Cohen continues to hold 843,867 Playtika common shares directly afterward.