Hasbro CPO Holly Barbacovi Sells 7,429 Shares, Receives 1,187 RSUs

What Happened

• Holly Barbacovi, Chief People Officer at Hasbro (HAS), had restricted stock units (RSUs) vest on August 15, 2026. As part of the vesting, she acquired 1,187 shares at $97.15 each (value $115,317) and 7,429 shares were withheld/disposed to satisfy tax obligations (6,891 shares at $97.15 = $669,461 and 538 shares at $97.15 = $52,267; total withheld/disposed ≈ $721,728).
• These transactions are not open-market purchases or sales for cash gain but routine RSU settlement and share-withholding to cover taxes.

Key Details

• Transaction date: August 15, 2026; Form 4 filed August 18, 2026.
• Prices: all transactions reported at $97.15 per share.
• Acquired: 1,187 shares (award/vesting) — value ≈ $115,317.
• Disposed/withheld for taxes: 7,429 shares total — value ≈ $721,728 (6,891 and 538 share withholdings).
• Shares owned after the transactions: not specified in the provided filing details.
• Footnotes:
  • Withholdings (F) represent share withholding to pay tax withholding in connection with the vesting of RSUs (including a second tranche of the RSU award granted Aug 15, 2024).
  • Dividend equivalents accrued on RSUs were settled into shares upon vesting (each dividend equivalent converted into one share).
• Filing timeliness: Form filed 3 days after the transaction date (filed Aug 18 for Aug 15 transactions); filing shows the settlement and withholding details.

Context

• This is a routine RSU vesting and tax-withholding transaction (award/acquisition + share withholding). Share withholding to satisfy taxes is common and should not be interpreted as an open-market “sale” motivated by a view on the stock.
• Transaction codes: A = award/acquisition (RSU vesting); F = payment of tax withholding via share withholding.