Hasbro CEO exercises options, sells common shares
Hasbro, Inc. CEO Christian P. Cocks exercised employee stock options and sold shares on the same day.
Rhea-AI Filing Summary
Hasbro, Inc. CEO Christian P. Cocks exercised employee stock options and sold shares on the same day. He exercised options for 196,411 shares at an exercise price of $0, receiving an equal number of common shares at a transaction price of $55.7800 per share. He then sold 191,211 shares of common stock at a weighted average price of $100.3165 and an additional 5,200 shares at a weighted average price of $100.8497, in multiple transactions within the disclosed price ranges. After these trades, he directly owned 303,310 shares of Hasbro common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (Right to Buy) | 196,411 | $0.00 | $0.00 |
| Exercise | Common Stock (Par Value $.50 per share) | 196,411 | $55.78 | $10.96M |
| Sale | Common Stock (Par Value $.50 per share) | 191,211 | $100.3165 | $19.18M |
| Sale | Common Stock (Par Value $.50 per share) | 5,200 | $100.8497 | $524K |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $99.6950 to $100.69, inclusive. The reporting person undertakes to provide to Hasbro, Inc., any security holder of Hasbro, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1).
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $100.6966 to $101.0265, inclusive. The reporting person undertakes to provide to Hasbro, Inc., any security holder of Hasbro, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2).
- F3. These options were granted under an employee stock option plan in accordance with Rule 16b-3 and have tandem tax withholding rights.
- F4. 33 1/3% of the options became exercisable each on February 23, 2024, February 23, 2025, and February 23, 2026.
FAQ
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What insider transactions did Hasbro (HAS) CEO Christian Cocks report?
What stock option exercise did the Hasbro (HAS) CEO complete?
Were the Hasbro (HAS) CEO’s option grants part of an employee plan?
How were the Hasbro (HAS) CEO’s sale prices calculated on this Form 4?
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