4/A: Hasbro EVP & CFO Gina Goetter Corrects Stock Ownership Reporting After RSU Vesting

Gina Goetter, EVP & CFO of Hasbro, files an amendment to a previous Form 4 to correct the number of shares withheld for tax purposes and the resulting total shares beneficially owned after RSU vesting.

Summary

• Gina Goetter, the EVP & CFO of Hasbro, filed an amended Form 4 with the SEC.
• The amendment corrects the number of shares withheld for tax purposes upon the vesting of Restricted Stock Units (RSUs).
• The initial calculation of tax withholding was preliminary and subsequently finalized, leading to the misstatement.
• As a result, the total number of shares beneficially owned after the transaction was incorrectly reported in the original Form 4 filed on March 18, 2025.
• The corrected total holdings after the transaction should be 91,288 shares instead of the previously reported 116,439 shares.
• The transaction on March 7, 2025, involved the disposal of 6,809 shares to cover tax obligations at a price of $64.01 per share.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. It doesn't suggest any underlying issues with the company's performance or outlook.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction ensures accurate reporting of insider ownership, which is important for maintaining investor confidence.

Key Dates

Keywords

Form 4, Amendment, Beneficial Ownership, Gina Goetter, Hasbro, RSU Vesting, SEC Filing, Tax Withholding, Stock Ownership