Hight John 4

What Happened
John Hight, President of Wizards of the Coast (a Hasbro business unit), had 2,068 shares withheld to satisfy tax withholding in connection with the vesting of RSUs. The filing shows those shares were disposed at $94.65 per share on 2026-03-14, for a notional value of $195,736. This was a tax-withholding disposition (code F), not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-03-14; reported on Form 4 filed 2026-03-17. No late-filing flag is indicated in the provided data.
• Quantity and price: 2,068 shares withheld at $94.65 per share (total ≈ $195,736).
• Transaction code: F — payment of tax liability via share withholding.
• Footnotes:
  • F1: Withholding covers taxes on the vesting of the first tranche (33 1/3%) of a 15,196-share RSU grant dated March 14, 2025.
  • F2: Total adjusted for 113 accrued dividend equivalents that convert into shares upon vesting.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a routine cashless tax-withholding event tied to RSU vesting — the company retains (or sells) a portion of vested shares to cover required taxes. Such transactions reflect tax mechanics, not necessarily the insider’s view on the stock. The filing clarifies these were RSU-related with dividend equivalents converting into additional shares upon vesting.