Sibley Tarrant L. 4
Research Summary
AI-generated summary
Hasbro EVP Sibley Tarrant Withholds 1,680 Shares for Taxes
What Happened
- Sibley Tarrant L., EVP, Chief Legal Officer and Corporate Secretary of Hasbro (HAS), had 1,680 shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units. The shares were valued at $99.64 each, for a total of $167,395. This was a tax-withholding/share-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (appears timely under Form 4 rules).
- Price per share: $99.64; Shares withheld/disposed: 1,680; Total value: $167,395.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — withholding to cover taxes on the vesting of the third tranche (33 1/3%) of a 9,861-share RSU award granted 2023-02-24; F2 — totals adjusted to reflect dividend equivalent units vesting with the RSUs.
- Transaction code: F (payment of exercise price or tax liability via share withholding).
Context
- This was routine tax withholding associated with RSU vesting (third tranche of the 2023 award). It does not represent an open-market sale and is typically considered administrative rather than a directional insider trade. Because shares were withheld to satisfy taxes, there was no proceeds-generating sale reported.