Cocks Christian P 4

What Happened

• Christian P. Cocks, CEO of Hasbro, reported a disposition on 2026-03-14 in which 13,782 shares were withheld to satisfy tax withholding obligations. The shares are reported at $94.65 each, for a total value of approximately $1,304,466. This was not an open-market sale for cash gain but a share-withholding to cover taxes on vested restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-03-14 at $94.65 per share (total ≈ $1,304,466).
• Transaction type: Code F — payment of tax withholding via share withholding (not a market sale).
• Reason: Withholding in connection with vesting of the first tranche (33 1/3%) of an RSU award of 88,029 shares granted 2025-03-14 (footnote F1).
• Dividend equivalents: The total was adjusted to include 1,025 accrued dividend equivalents converted into shares upon vesting (footnote F2).
• Filing: Form 4 filed 2026-03-17 reporting the 3/14 transaction. The filing does not flag a late filing; the report also corrects a previously incorrect beneficial-ownership total reported after a Feb 26, 2026 transaction (footnote F2).
• Shares owned after transaction: The filing indicates an adjusted total due to the correction, but the precise post-transaction beneficial ownership figure is not stated in the summary provided here.

Context

• This was a routine cashless withholding to cover taxes on vested RSUs (effectively the company retaining shares rather than the insider selling on the open market). Such withholdings are common and do not necessarily signal the insider's view of the stock. The report also corrects earlier reported ownership totals and includes dividend equivalents converted into shares on vesting.