Hasbro (HAS) CEO awarded 56,144-share RSU grant in new Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cocks Christian P reported acquisition or exercise transactions in this Form 4 filing.
HASBRO, INC. Chief Executive Officer Christian P. Cocks received an equity award of 56,144 shares of common stock as a grant, not an open-market purchase. The award consists of restricted stock units that vest in three equal annual installments, providing time-based incentive compensation.
Following this grant, Cocks directly holds 322,439 shares of Hasbro common stock. Because these shares were granted at no cash cost per share, the transaction reflects executive compensation rather than a market-driven investment decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cocks Christian P
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Par Value $.50 per share) | 56,144 | $0.00 | -- |
Holdings After Transaction:
Common Stock (Par Value $.50 per share) — 322,439 shares (Direct)
Footnotes (1)
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FAQ
What did Hasbro (HAS) CEO Christian P. Cocks report in this Form 4?
Hasbro’s CEO Christian P. Cocks reported receiving a grant of 56,144 shares of common stock. This was an equity compensation award, not an open-market trade, and increases his directly held stake in Hasbro following the transaction.
Was the Hasbro (HAS) CEO’s Form 4 transaction a stock purchase or a grant?
The transaction was a grant, not a purchase. Christian P. Cocks received 56,144 restricted stock units at no stated purchase price per share as part of his compensation rather than buying shares on the open market.
How do the Hasbro (HAS) CEO’s new RSUs vest from this Form 4 filing?
The 56,144-share award is structured as restricted stock units that vest in three equal annual installments. This means one-third of the units convert into shares each year over three years, aligning compensation with longer-term company performance.
Did Hasbro (HAS) receive any cash from the CEO’s Form 4 transaction?
No cash changed hands in this transaction. The 56,144 shares were granted as restricted stock units at a stated price of $0.0000 per share, reflecting equity-based compensation rather than a cash purchase of Hasbro stock.