Form 4: Hasbro Executive Sells 1,718 Shares of Common Stock
SEC Form 4 Filing
Hasbro's Executive Vice President and Chief Revenue Officer, Matthew Edward Austin, sold 1,718 shares of common stock at a price of $65.065 per share on November 29, 2024.
Summary
- Matthew Edward Austin, the Executive Vice President and Chief Revenue Officer of Hasbro, Inc., sold 1,718 shares of the company's common stock on November 29, 2024.
- The sale was executed at a price of $65.065 per share.
- Following the transaction, Mr. Austin directly owns 36,828 shares of Hasbro common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive stock sales.
- Similar filings are made by executives at companies like Mattel and other toy and entertainment companies when they trade their company's stock.
Stakeholder Impact
- This transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 11/29/2024 | Date of the stock sale transaction. |
| 12/02/2024 | Date of signature on the form by Matthew Gilman, P/O/A for Matthew Austin. |
Keywords
Hasbro, stock sale, executive, Matthew Austin, insider trading, common stock, share transaction
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