Hasbro CEO uses 8,030 shares for tax withholding
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Rhea-AI Filing Summary
HASBRO, INC. Chief Executive Officer Christian P. Cocks reported a tax-related share disposition. On February 24, he used 8,030 shares of common stock, valued at $99.64 per share, to cover tax withholding arising from the vesting of the third 33 1/3% tranche of a 47,060-share restricted stock unit award granted on February 24, 2023. After this withholding, he directly owns 250,967 shares of Hasbro common stock, with the total adjusted for shares acquired through dividend equivalent units tied to his restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock (Par Value $.50 per share) | 8,030 | $99.64 | $800K |
Footnotes (2)
- F1. This represents payment of tax withholding using share withholding in connection with the vesting of the third tranche (33 1/3%) of a restricted stock unit award of 47,060 shares granted February 24, 2023.
- F2. Total amount has been adjusted to reflect shares acquired upon vesting of dividend equivalent units on restricted stock units granted to the terms of the restricted stock unit awards.
FAQ
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What did HAS (Hasbro) CEO Christian P. Cocks report in this Form 4?
What equity award triggered the Hasbro (HAS) CEO’s tax-withholding disposition?
AI-generated analysis. How Rhea-AI works. Not financial advice.