PLBY Playboy, Inc.

BEARISH Impact: 5/10 Insider Cluster (2 insiders)
Horizon days Filed May 28, 2026 Processed 10d 1h ago
Insider cluster: 2 insiders, $115K total

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Executive Summary

Playboy's CEO Bernhard Kohn sold $110K of stock on May 15, four days before a major lease agreement was signed on May 14 (effective May 1). Director Tracey Edmonds also sold $40K in late May. The CEO's open-market sale (81.8K shares at $1.35) comes just before a material Miami Beach lease commitment, creating a concerning temporal pattern. While individual dollar amounts are modest relative to the $148M market cap, the CEO sale timing near a significant corporate agreement warrants attention.

Key Financial Metrics

Direction
selling
Total Value
$115.0K
Insiders
2

Actionable Insight

CEO selling into a lease-signing period is a modest sentiment-negative signal at PLBY's small market cap. Watch for upcoming 10-Q/Q3 filing for financial metrics that may explain the insider exit pattern. Given past PLBY insider clusters have historically been short-term bearish but not catastrophic, anticipate near-term volatility rather than structural collapse.

Key Facts

  • CEO Bernhard Kohn sold 81,800 shares on May 15 at ~$1.35 for $110,430 total
  • Director Tracey Edmonds sold 30,279 shares between May 22-27 for ~$40,292
  • Total insider cluster selling: ~$115K over 12-day window
  • The CEO sale occurred 1 day after a May 14 Miami Beach lease agreement was signed (effective May 1)
  • Lease covers 5,696 sq ft for office/lounge/studio use through November 2037
  • Market cap ~$148M; total cluster selling represents ~0.08% of market cap
  • This filing qualifies for the cluster-agreement-context and cluster-insider-trades amplifier per cross-filing actuarial verdicts

Financial Impact

Insider sales totaling ~$115K (0.08% of $148M market cap). CEO sale alone $110K. Non-material by proportionality alone but CEO sale timing near a 11.5-year lease commitment creates an informational signal.

insider ownershipmarket signaling

Risk Factors

  • CEO open-market sale near material agreement may signal fundamental concerns not yet public
  • Director continuing to sell days after CEO sale extends the bearish insider pattern
  • Miami Beach lease commitment adds a long-term fixed cost obligation for a company with a $148M market cap

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Miscellaneous Retail
Analyst Consensus
78% bullish (9 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PLBY-1779926990243
14 reports for PLBY
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +29.51%Apr 24, 2026
Filters
Rows
Reports for PLBY — sortable, filterable
Type Now
Jun 4, 2026
2d ago
8-K
NEUTRAL ★ 3/10
$1.32 $1.30▼ −1.52%▲ +1.08%$1.30 (−1.52%)
May 28, 2026
10d ago
Insider Cluster
BEARISH ★ 5/10
awaiting T+1
May 22, 2026
16d ago
Insider Cluster
NEUTRAL ★ 3/10
awaiting T+1
May 16, 2026
22d ago
Insider Cluster
BEARISH ★ 6/10
awaiting T+1
May 8, 2026
29d ago
144
NEUTRAL ★ 2/10
$1.80 $1.73▼ −3.89%▼ −4.12%$1.30 (−27.78%)
May 5, 2026
4w ago
144
NEUTRAL ★ 2/10
$1.77 $1.68▼ −5.08%▼ −6.47%$1.30 (−26.55%)
May 5, 2026
4w ago
Insider Cluster
BEARISH ★ 6/10
$1.77 $1.68▲ +5.08%▲ +6.47%$1.30 (+26.55%)
May 5, 2026
4w ago
Insider Cluster
BEARISH ★ 5/10
$1.77 $1.68▲ +5.08%▲ +6.47%$1.30 (+26.55%)
May 4, 2026
4w ago
144
NEUTRAL ★ 2/10
$1.75 $1.77▲ +1.14%▲ +0.35%$1.30 (−25.71%)
Apr 30, 2026
5w ago
DEFA14A
NEUTRAL ★ 5/10
awaiting T+1
Showing 10 of 14

US Market Status

Market Closed — Opens Mon (12h 15m)

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