GOETTER GINA M 4
Research Summary
AI-generated summary
Hasbro (HAS) CFO Gina Goetter Withholds 4,201 Shares for Taxes
What Happened
Gina M. Goetter, Executive Vice President and Chief Financial Officer of Hasbro, had 4,201 shares of Hasbro common stock withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $94.65 each, for a total of approximately $397,625. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-14; Filing date: 2026-03-17. No late-filing flag was indicated in the report.
- Withheld: 4,201 shares at $94.65 per share — total ~$397,625. (Disposition reported as "Disposed" for withholding purposes.)
- Related award: This withholding was to cover taxes on the first tranche (33 1/3%) of a 25,151-RSU award originally granted March 14, 2025.
- Dividend equivalents: Total was adjusted for 156 accrued dividend equivalents that convert into one share per RSU upon vesting.
- Shares owned after the transaction: Not specified in the Form 4 filing.
Context
Share withholding to cover tax liabilities on vested RSUs is a routine administrative action and not the same as a voluntary sale; it reduces the insider’s net newly vested shares but does not signal an open-market disposal for investment reasons. For investors tracking insider activity, note this is a tax-withholding event tied to RSU vesting rather than a purchase or market sale.