---
schema_version: "secwatch.filing_event.v1"
accession: "0001803914-25-000024"
form_type: "8-K"
ticker: "PLBY"
cik: "0001803914"
company_name: "Playboy, Inc."
filed_at: "2025-02-14T23:59:59+00:00"
generated_at: "2026-05-26T21:31:02.606430+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PLBY Group appoints Gyorgy Gattyan to board; Nasdaq noncompliance triggered, cure period to Aug 2025

## Summary
- Board expanded from five to seven directors; Gattyan appointed as Class II director effective Feb 11, 2025.
- Gattyan is CEO of Docler Holding, parent of Byborg, PLBY's largest licensee under a $20M annual minimum royalty LMA.
- Company noncompliant with Nasdaq Rule 5605 (majority independent directors); cure period expires August 11, 2025.
- One board seat remains vacant; Company and Byborg working to appoint an independent director.
- Byborg affiliate previously invested $22.35M in Nov 2024; additional $25.44M investment pending stockholder approval.

## SEC filing metadata
- accession: 0001803914-25-000024
- form_type: 8-K
- ticker: PLBY
- cik: 0001803914
- company_name: Playboy, Inc.
- filed_at: 2025-02-14T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803914/000180391425000024/0001803914-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803914/000180391425000024/ply-20250211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803914-25-000024
- JSON: https://secwatch.observer/filing/0001803914-25-000024.json
- Plain text: https://secwatch.observer/filing/0001803914-25-000024.txt

## Key facts
- Executive change
  Gyorgy Gattyan was appointed as Class II director at Playboy, Inc..
  - Action: appointed
  - Role: Class II director
  source text: On February 11, 2025, the Board expanded the size of the Board from five to seven directors (the “Board Expansion”) and appointed Gyorgy Gattyan, Byborg’s designee to the Board, as a new Class II director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803914/000180391425000024/0001803914-25-000024-index.htm

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