Sibley Tarrant L. 4

What Happened

• Sibley Tarrant L., EVP, Chief Legal Officer and Corporate Secretary of Hasbro (HAS), had 3,086 shares withheld on March 7, 2026 to satisfy tax withholding associated with the vesting of restricted stock units (RSUs). The shares were valued at $93.51 each for a total of $288,572.
• This was a tax-withholding share disposition (code F), a routine administrative action tied to RSU vesting rather than an open-market sale or new purchase.

Key Details

• Transaction date: 2026-03-07; Filing date (Form 4): 2026-03-10.
• Withheld: 3,086 shares at $93.51 per share = $288,572.
• Vesting: This covers the second tranche (33 1/3%) of an 18,889-share RSU grant awarded March 7, 2024. Footnote: the vested total was adjusted for 74 dividend equivalents that convert to shares upon vesting (see filing).
• Filing does not disclose total shares owned by the insider following the transaction in the provided summary.
• Transaction type: F (tax withholding via share withholding).

Context

• Share withholding to cover taxes on vesting is a common, routine corporate administrative action and should not be interpreted as an independent bullish or bearish signal by itself. It differs from an open-market sale because the shares are surrendered to the company/employer to cover tax obligations rather than sold into the market for cash proceeds.