HAS Form 144 Notice: Insider Plans Sale of 8,800 Shares via Goldman Sachs
Rhea-AI Filing Summary
Hasbro, Inc. (HAS) Form 144 notice reports a proposed sale of 8,800 shares of common stock through Goldman Sachs & Co. LLC on the NASD, with an aggregate market value of $698,808 and approximately 140,232,540 shares outstanding. The filer states the shares were acquired in the public market on 04/21/2022 for cash and that there were no other reported sales in the past three months.
The notice includes the filer’s representation that they are not aware of any undisclosed material adverse information about the issuer. The transaction size represents a very small fraction of Hasbro’s outstanding shares and the filing provides only the standard disclosure required by Rule 144 regarding the planned resale of restricted or control securities.
Positive
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Negative
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Insights
TL;DR Proposed sale is small relative to Hasbro's share count and appears routine under Rule 144.
The filing discloses an 8,800-share sale via Goldman Sachs with an aggregate market value of $698,808 against roughly 140.2 million shares outstanding, indicating immaterial dilution or market impact. The shares were acquired in the public market and paid in cash, and no other disposals were reported in the prior three months. From a market-impact perspective, this transaction would be considered routine and unlikely to affect Hasbro's capital structure or share price materially.
TL;DR The notice meets Rule 144 disclosure norms and includes the standard representation about material non-public information.
The filer affirms no known undisclosed material adverse information and records acquisition and payment details, aligning with compliance expectations for Rule 144 notices. The lack of other sales in the past three months reduces concerns about concentrated insider selling. Overall, the filing appears procedurally complete for a routine resale notification.