Hasbro, Inc. (HAS) executive uses shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hasbro, Inc. executive John Hight, President of Wizards of the Coast, reported a share disposition that reflects tax withholding rather than an open‑market trade. The company withheld 2,068 shares of common stock at $94.65 per share to cover tax obligations when a restricted stock unit (RSU) grant vested.
This withholding related to the first 33 1/3% tranche of a 15,196‑share RSU award granted on March 14, 2025. After the transaction and including 113 accrued dividend equivalents that convert into shares upon vesting, Hight directly holds 59,504 shares of Hasbro common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hight John
Role
President, WOTC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock (Par Value $.50 per share) | 2,068 | $94.65 | $196K |
Holdings After Transaction:
Common Stock (Par Value $.50 per share) — 59,504 shares (Direct)
Footnotes (1)
- This represents payment of tax withholding using share withholding in connection with the vesting of the first tranche (33 1/3%) of a restricted stock unit award of 15,196 shares granted March 14, 2025. Total adjusted for 113 accrued 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) executive John Hight report?
John Hight reported a tax-withholding share disposition, not an open-market trade. Hasbro withheld shares to pay taxes triggered by the vesting of a previously granted restricted stock unit (RSU) award, a common mechanism for handling executive equity compensation taxes.
Did John Hight buy or sell Hasbro (HAS) stock in the market?
John Hight did not buy or sell Hasbro stock in the open market. The filing shows a tax-withholding disposition, where shares were retained by the company to satisfy tax liabilities tied to the vesting of his RSU compensation.
What RSU award caused the tax-withholding disposition for Hasbro’s John Hight?
The disposition relates to the first 33 1/3% tranche of a 15,196‑share restricted stock unit award granted on March 14, 2025. As this portion vested, shares were withheld to pay taxes instead of John Hight paying cash.
What are the dividend equivalents mentioned in John Hight’s Hasbro filing?
The filing notes 113 accrued dividend equivalents tied to John Hight’s RSUs. Each dividend equivalent will convert into one Hasbro common share upon RSU vesting, and these additional shares are included in his reported post-transaction ownership total.