Hasbro (NASDAQ: HAS) EVP withholds 3,086 shares for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sibley Tarrant L.
Role
EVP, CLO and Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock (Par Value $.50 per share) | 3,086 | $93.51 | $289K |
Holdings After Transaction:
Common Stock (Par Value $.50 per share) — 58,042.97 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 18,889 shares granted March 7, 2024. 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
What insider transaction did HAS executive Tarrant L. Sibley report?
Tarrant L. Sibley reported a tax-related share disposition of 3,086 Hasbro common shares. The shares were withheld by the company at $93.51 each to cover tax obligations arising from vesting restricted stock units, rather than being sold in an open-market transaction.
What do the 74 dividend equivalents mentioned in the HAS filing represent?
The 74 dividend equivalents represent additional units credited on restricted stock units for dividends. Each dividend-equivalent unit converts into one Hasbro common share when the underlying RSUs vest, and they are included in Tarrant L. Sibley’s post-transaction share total of about 58,043 shares.