---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-043729"
form_type: "8-K"
ticker: "PLBY"
cik: "0001803914"
company_name: "Playboy, Inc."
filed_at: "2026-06-17T12:36:38+00:00"
generated_at: "2026-06-17T12:40:10.372255+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Playboy highlights turnaround: 5 consecutive quarters of positive Adjusted EBITDA; targets debt to $108M by Q1 2028

## Summary
- Doubled Adjusted EBITDA YoY in Q1 2026; five consecutive quarters of positive Adjusted EBITDA.
- Senior debt reduced from $218M to $145M after first UTG paydown; targeting $108M gross debt by Q1 2028.
- UTG joint venture: $45M cash for 50% of China licensing; $122M guaranteed minimum payments over 8 years.
- Licensing revenue $46M in FY2025 with 90% gross margin; $330M+ unrecognized future revenue.
- Honey Birdette DTC growth in premium lingerie; asset-light model with brand in 100+ countries.

## SEC filing metadata
- accession: 0001628280-26-043729
- form_type: 8-K
- ticker: PLBY
- cik: 0001803914
- company_name: Playboy, Inc.
- filed_at: 2026-06-17T12:36:38+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/ply-20260616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-043729
- JSON: https://secwatch.observer/filing/0001628280-26-043729.json
- Plain text: https://secwatch.observer/filing/0001628280-26-043729.txt

## Key facts
- Shareholder Votes
  Playboy, Inc. shareholders approved To elect two Class III directors (Tracey Edmonds and James Yaffe) to the Company's Board of Directors at the 2026-06-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Election of Directors: For Withheld Broker Non-Votes Tracey Edmonds 66,785,683 6,442,410 22,070,425 James Yaffe 66,833,063 6,395,030 22,070,425
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm
- Shareholder Votes
  Playboy, Inc. shareholders approved Approve the adjournment or postponement of the Annual Meeting, from time to time, to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to approve the Incentive Plan Amendment Proposal at the 2026-06-16 meeting.
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Adjournment Proposal: For Against Abstain Approve the adjournment or postponement of the Annual Meeting, from time to time, to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to approve the Incentive Plan Amendment Proposal 65,663,365 7,529,785 34,943
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm
- Shareholder Votes
  Playboy, Inc. shareholders approved Ratify the appointment of RSM US LLP as independent registered public accountants of the Company for 2026 at the 2026-06-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Ratification of Auditors: For Against Abstain Ratify the appointment of RSM US LLP as independent registered public accountants of the Company for 2026 94,484,116 582,623 231,779
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm
- Shareholder Votes
  Playboy, Inc. shareholders approved Non-binding advisory vote to approve the compensation of the Company's named executive officers at the 2026-06-16 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Say on Pay: For Against Abstain Broker Non-Votes Non-binding advisory vote to approve the compensation of the Company's named executive officers 65,300,890 7,874,378 52,825 22,070,425
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm
- Shareholder Votes
  Playboy, Inc. shareholders approved Approve an amendment to the Plan to increase the number of shares of Common Stock available under the Plan by 10 million shares at the 2026-06-16 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Incentive Plan Amendment Proposal: For Against Abstain Broker Non-Votes Approve an amendment to the Plan to increase the number of shares of Common Stock available under the Plan by 10 million shares 64,871,388 8,324,758 31,947 22,070,425
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803914/000162828026043729/0001628280-26-043729-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.