Hasbro EVP uses shares for RSU tax withholding
HASBRO, INC. executive Tarrant L. Sibley, EVP, CLO and Corporate Secretary, reported a tax-related share disposition.
Rhea-AI Filing Summary
HASBRO, INC. executive Tarrant L. Sibley, EVP, CLO and Corporate Secretary, reported a tax-related share disposition. On March 7, 2026, 3,086 shares of common stock were withheld at $93.51 per share to satisfy tax obligations tied to restricted stock unit vesting, rather than sold on the open market.
The withholding relates to the vesting of the second 33 1/3% tranche of an aggregate 18,889 RSUs granted on March 7, 2024. After this transaction, Sibley directly holds about 58,043 shares of Hasbro common stock, including 74 dividend-equivalent units that convert into shares upon RSU vesting.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock (Par Value $.50 per share) | 3,086 | $93.51 | $289K |
Footnotes (2)
- F1. 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 18,889 shares granted March 7, 2024.
- F2. Total adjusted for 74 dividend equivalents payable upon vesting of RSUs. Each RSU dividend equivalent converts into one share of Hasbro Common Stock upon vesting.
FAQ
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What insider transaction did HAS executive Tarrant L. Sibley report?
What do the 74 dividend equivalents mentioned in the HAS filing represent?
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