Form 4: Hasbro EVP & CFO Gina Goetter Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Gina Goetter, EVP & CFO of Hasbro, Inc., reports share withholding to cover tax obligations related to vesting restricted stock units.
Summary
- On May 17, 2025, Gina Goetter, the EVP & CFO of Hasbro, Inc., had 10,638 shares of common stock withheld to cover tax obligations.
- This was in connection with the vesting of the second tranche (33 1/3%) of a restricted stock unit award of 64,820 shares granted on May 17, 2023.
- Following the transaction, Goetter beneficially owns 80,650 shares of Hasbro common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies. It reflects the standard practice of using share withholding to cover tax obligations associated with the vesting of equity awards.
Comparison to Industry Standards
- Equity compensation is a common practice among publicly traded companies to align the interests of executives with those of shareholders.
- Share withholding for tax obligations is a standard procedure in the administration of equity compensation plans.
- Comparable companies like Mattel also utilize similar equity compensation strategies for their executives.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of grant for the restricted stock unit award of 64,820 shares. |
| 05/17/2025 | Date of share withholding transaction for tax obligations related to vesting restricted stock units. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Gina Goetter, Hasbro, Share Withholding, Restricted Stock Units, Beneficial Ownership, EVP & CFO
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