Sibley Tarrant L. 4
4 · HASBRO, INC. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Hasbro EVP/CLO Sibley T. Receives Award; Withholds Shares
What Happened
Sibley Tarrant L., Executive Vice President, Chief Legal Officer and Corporate Secretary of Hasbro, received 20,489 shares on 2026-02-20 as an earned performance share award (acquired at $0). On the same date 8,220 shares were withheld/disposed to satisfy tax withholding at $101.19 per share, for a withholding value of $831,782. This was a compensation vesting/award event rather than an open-market purchase or voluntary sale.
Key Details
- Transaction date: 2026-02-20; filing date: 2026-02-24 (filed within required window).
- Award (Code A): 20,489 shares @ $0.00 (acquired).
- Tax withholding (Code F): 8,220 shares withheld/disposed @ $101.19 = $831,782.
- Footnotes: F1 — shares earned under a performance share award granted March 9, 2023, contingent on three‑year financial goals; F2 — share withholding used to pay tax liability.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
This was a routine vesting of performance-based compensation; the withholding of shares to cover taxes is common and does not represent an open-market sale decision by the insider. Purchases by insiders typically carry more informational weight for investors; awards and tax-withholdings primarily reflect compensation mechanics.
Insider Transaction Report
- Award
Common Stock (Par Value $.50 per share)
[F1]2026-02-20+20,489→ 70,662.97 total - Tax Payment
Common Stock (Par Value $.50 per share)
[F2]2026-02-20$101.19/sh−8,220$831,782→ 62,442.97 total
Footnotes (2)
- [F1]Shares earned under a performance share award granted March 9, 2023, which was contingent upon Hasbro's achievement of certain stated financial goals over a three year performance period.
- [F2]This represents payment of tax withholding using share withholding in connection with the above earned performance share award.