Hight John 4
Research Summary
AI-generated summary
Hasbro (HAS) President John Hight Receives 10,695 RSUs
What Happened
- John Hight, President of Wizards of the Coast (a Hasbro business), received an award of 10,695 restricted stock units (RSUs) reported on a Form 4 with transaction date 2026-03-16. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 because RSUs are compensation awards, not an open-market purchase.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (appears timely).
- Shares/units granted: 10,695 RSUs; reported price: $0.00 (non-cash award).
- Vesting: According to the filing footnote, the RSUs vest in three equal annual installments (3,565 RSUs vesting each year).
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or late-filing flags noted.
Context
- RSU grants are a common form of executive compensation. They do not represent immediately traded stock — they convert to shares as they vest and typically become taxable at vesting. This is a compensation event rather than a market buy or sell, so it should not be read as a direct buy/sell signal.