Form 4: Hasbro Executive Tarrant L. Sibley Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Tarrant L. Sibley, EVP, CLO and Corp Secretary of Hasbro, Inc., reports share withholding to cover tax obligations related to vesting of restricted stock units.
Summary
- On February 25, 2025, Tarrant L. Sibley, EVP, CLO and Corp Secretary of Hasbro, Inc., had 361 shares of common stock withheld to cover tax obligations.
- This transaction was related to the vesting of the third tranche (33 1/3%) of a restricted stock unit award of 3,162 shares granted on February 25, 2022.
- Following the transaction, Sibley directly owns 52,347.97 shares of Hasbro common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive is fulfilling tax obligations related to vested stock awards.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Date of grant for the restricted stock unit award of 3,162 shares. |
| 02/25/2025 | Date of transaction: share withholding for tax obligations related to vesting of restricted stock units. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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