Hasbro (HAS) CMO has 2,325 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hasbro, Inc. Chief Marketing Officer Jason M. Bunge reported a tax-related share disposition tied to restricted stock vesting. On March 7, 2026, 2,325 shares of common stock were withheld at $93.51 per share to cover tax obligations from the vesting of the second one‑third of restricted stock units granted on March 7, 2024. Following this withholding, Bunge directly holds 33,069 shares of Hasbro common stock, which include 389 shares issued as dividend equivalents that converted into common stock upon vesting. This was not an open‑market sale but an automatic tax‑withholding event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bunge Jason M
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock (Par Value $.50 per share) | 2,325 | $93.51 | $217K |
Holdings After Transaction:
Common Stock (Par Value $.50 per share) — 33,069 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 restricted stock unit awards granted March 7, 2024. Total adjusted for 389 accrued dividend equivalents payable upon vesting of RSUs. Each RSU dividend equivalent converted into one share of Hasbro Common Stock upon vesting.
FAQ
What insider transaction did Hasbro (HAS) disclose for Jason M. Bunge?
Hasbro reported that Chief Marketing Officer Jason M. Bunge had 2,325 shares of common stock withheld to cover tax obligations. The shares related to the vesting of restricted stock units granted on March 7, 2024, and were not sold on the open market.
How were dividend equivalents treated in Jason M. Bunge’s Hasbro (HAS) Form 4?
The filing states that 389 accrued dividend equivalents converted into Hasbro common stock upon vesting of restricted stock units. These additional shares are included in Jason M. Bunge’s post-transaction direct holding of 33,069 shares.