4/A: Hasbro Executive Corrects Stock Ownership After RSU Vesting

Tarrant L. Sibley, EVP, CLO and Corp Secretary of Hasbro, Inc., 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

• Tarrant L. Sibley, an executive at Hasbro, Inc., filed an amended Form 4 with the SEC on April 4, 2025, to correct a previous filing regarding changes in beneficial ownership.
• The amendment addresses an error in 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 a misstatement in the original Form 4 filed on March 18, 2025.
• The corrected filing indicates that the total number of shares beneficially owned after the transaction should be 50,173.97 shares, reflecting the accurate tax withholding.
• The transaction date for the tax withholding was March 7, 2025, with 2,174 shares withheld at a price of $64.01.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors and ensure accurate reporting.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding executive stock ownership.

Key Dates

Keywords

Form 4, Amendment, Beneficial Ownership, RSU Vesting, Tax Withholding, Hasbro, Sibley, SEC Filing