Hasbro, Inc. (NASDAQ: HAS) Chief Financial Officer Gina M. Goetter sold 11,000 shares of common stock on July 28, 2026, generating proceeds of approximately $1 million.
The shares were sold at a weighted average price of $95.44, representing a slight discount to the $96.34 market close on the same day.
The transaction amounted to an 11% reduction in Goetter’s direct equity holdings, according to an SEC Form 4 filing submitted by the company.
Following the sale, Goetter’s direct ownership stands at 88,104 shares, which includes 52,680 unvested restricted stock units.
The post-transaction position carries a value of approximately $8.49 million based on the July 28 closing price of $96.34 per share.
The current filing also includes a corrective adjustment to Goetter’s total beneficial ownership, after an April 2025 amendment was not properly carried forward into subsequent Form 4 filings.
The corrected balance of 88,104 shares reflects the proper figure, including additional shares from dividend equivalent units accumulated over that period.
With more than 52,000 of the remaining shares composed of unvested RSUs, Goetter’s ability to sell further stock is limited until those units vest under service-based requirements.
The sale occurred with HAS shares having delivered a 26% one-year total return as of the July 28 transaction date, and the stock remains below the 52-week high of $106.98 reached in February.
Hasbro shares have been climbing on the back of strong second-quarter earnings, with revenue increasing 16% year over year to $1.1 billion for the fiscal quarter ended June 28.
The company’s Wizards of the Coast subsidiary and digital games segments led the charge, posting impressive 27% year-over-year growth during the period.
Following the strong quarterly results, Hasbro raised its full-year guidance to a 5% to 7% increase in constant currency, up from a prior forecast of 3% to 5%.
Hasbro carries a market capitalization of $13.6 billion, with trailing twelve-month revenue of $5.0 billion and net income of $795.2 million.
The company operates as a global leader in the play and entertainment industry, generating revenue through product sales, licensing, and its extensive portfolio of iconic brands and intellectual property.
