Hasbro (HAS) WOTC president receives 10,695-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hight John reported acquisition or exercise transactions in this Form 4 filing.
HASBRO, INC. reported that executive John Hight, President of Wizards of the Coast (WOTC), received a grant of 10,695 shares of common stock as equity compensation. The shares were awarded at $0.00 per share, meaning this was not an open-market purchase.
The grant consists of restricted stock units that vest in three equal annual installments, providing long-term incentive tied to continued service and company performance. After this award, Hight directly holds 70,199 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 |
|---|---|---|---|---|
| Grant/Award | Common Stock (Par Value $.50 per share) | 10,695 | $0.00 | -- |
Holdings After Transaction:
Common Stock (Par Value $.50 per share) — 70,199 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HASBRO (HAS) report for John Hight?
HASBRO reported that John Hight received a grant of 10,695 shares of common stock as equity compensation. The award was recorded at $0.00 per share and increased his direct holdings to 70,199 shares following the transaction.
How do John Hight’s new HASBRO (HAS) RSUs vest over time?
The 10,695-share award to John Hight is structured as restricted stock units that vest in three equal annual installments. This schedule ties the value of the grant to his continued service and alignment with HASBRO’s long-term performance.
What does transaction code “A” mean in John Hight’s HASBRO (HAS) Form 4?
Transaction code “A” on John Hight’s Form 4 indicates a grant, award, or other acquisition of shares from the company. In this case, it reflects an equity compensation grant of 10,695 restricted shares at a reported price of $0.00 per share.