PLBY Playboy, Inc. Insider Trading

10% owner Drawbridge Special Opportunities Fund LP sells 1,904,762 shares at $1.05; holdings drop to 177,339 shares

Drawbridge Special Opportunities Fund LP, holding a 10% stake, executed 8 separate sales totaling 1,904,762 shares for $2,000,000.10 at $1.05 per share on 2026-06-18, reducing its position from 2,082,101 shares to 177,339 shares. The sale occurred when the stock trades at $1.50 current price, well below the 52-week high of $2.75. The company is unprofitable on a full-year basis with net income of $-3,963,000.00 against quarterly revenue of $30,236,000.00, creating fundamental headwinds despite 4.1% annual revenue growth. The magnitude of this divestiture—a reduction of the fund's holdings by 91.5%—combined with the company's negative earnings profile and the current price positioned 45.4% below the 52-week peak, suggests a material shift in the fund's capital allocation away from this position.

FIG Buyer Gp, LLC divests 1,904,762 shares (91.5% reduction) at $1.05 each, retaining 177,339 shares post-transaction.

FIG Buyer Gp, LLC, a 10% owner, executed 8 separate sales totaling 1,904,762 shares for $2,000,000.10 on 2026-06-18, reducing its stake from 2,082,101 shares to 177,339 shares. This represents a -91.5% reduction in pre-transaction holdings. The transaction occurred at $1.05 per share while the current price stands at $1.50 (+13.6% over the prior 30 days and -45.4% from the 52-week high of $2.75). The company reported a Net income of $-3,963,000.00 in its latest quarter with annual revenue growth of +4.1%, indicating ongoing operational challenges despite modest top-line expansion. The scale of this divestiture—nearly complete liquidation of a major shareholding—coincides with the stock trading well below its 52-week high and the company operating at a net loss, signaling a substantial reshuffling of the insider's position.