Hasbro (HAS) executive has 4,710 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HASBRO, INC. executive Timothy J. Kilpin, President, Toy, Lic & Ent, reported a routine tax-withholding transaction tied to restricted stock units. On March 7, 2026, 4,710 shares of common stock were withheld at $93.51 per share to cover taxes on the vesting of the second 33 1/3% tranche of RSU awards totaling 28,817 shares granted March 7, 2024. After this non-market disposition, he directly holds 41,120 shares, including 113 shares from RSU dividend equivalents that convert into common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KILPIN TIMOTHY J.
Role
President, Toy, Lic & Ent
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock (Par Value $.50 per share) | 4,710 | $93.51 | $440K |
Holdings After Transaction:
Common Stock (Par Value $.50 per share) — 41,120 shares (Direct)
Footnotes (1)
- This represents payment of tax withholding using share withholding in connection with the vesting of the second tranche (33 1/3%) of a restricted stock unit awards in the aggregate of 28,817 shares granted March 7, 2024. Total adjusted for 113 dividend equivalents payable upon vesting of RSUs. Each RSU dividend equivalent converts into one share of Hasbro Common Stock upon vesting.
FAQ
What insider transaction did Hasbro (HAS) report for Timothy J. Kilpin?
Hasbro reported that executive Timothy J. Kilpin had 4,710 shares of common stock withheld to cover tax obligations. The withholding was linked to the vesting of a restricted stock unit tranche and was not an open-market sale.
What RSU vesting event triggered the Hasbro (HAS) tax withholding?
The tax withholding was triggered by the vesting of the second 33 1/3% tranche of restricted stock unit awards. These RSUs represented an aggregate of 28,817 shares originally granted to Timothy J. Kilpin on March 7, 2024.
What does the $93.51 price in the Hasbro (HAS) Form 4 represent?
The $93.51 figure is the price per share used to value the 4,710 shares withheld for taxes. It reflects the share value applied in the tax-withholding calculation, not a public market sale price reported in a trade.
How are dividend equivalents on Hasbro (HAS) RSUs treated in this filing?
The filing notes that Kilpin’s total holdings are adjusted for 113 dividend equivalents tied to RSUs. Each RSU dividend equivalent converts into one share of Hasbro common stock when the corresponding restricted stock units vest.