Goldner buys 10,000 shares of Hasbro

Brian Goldner, CEO of Hasbro, recently bought 10,000 shares of Hasbro worth $448,500. Things must look bright at Hasbro. does the future look bright for GI Joe? On other related news, RI approved Hasbro's tax breaks for expansion in RI. Let's just hope they can ramp up SDCC production across the board.

Insiders Trading HAS, AMRN, WFC, APOL, NOR - TheStreet

I would have figured he would have already had shares as part of his CEO compensation package.

Hell, as a CEO, his compensation should be directly proportional to how the stock is doing. It goes up, he makes more. It goes down, he makes less. Better running of the company through incentive. But yeah, that's not how things are done in the real world, lol.

Maybe there is a buyout threat imminent and he's stashing them for that day? I guess that would be insider trading though.

Originally Posted by Troynos

I would have figured he would have already had shares as part of his CEO compensation package.

Hell, as a CEO, his compensation should be directly proportional to how the stock is doing. It goes up, he makes more. It goes down, he makes less. Better running of the company through incentive. But yeah, that's not how things are done in the real world, lol.

I think the problem with that is then you start getting CEOs that are focused solely on the price of the stock and not necessarily the health of the company. A lot of times the best thing for the company (spending money on R&D for example) can hurt the stock in the short term whereas sometimes things that help the stock price (lowering operating costs for example) can hurt the long term health of the company.

Originally Posted by Troynos

I would have figured he would have already had shares as part of his CEO compensation package.

Hell, as a CEO, his compensation should be directly proportional to how the stock is doing. It goes up, he makes more. It goes down, he makes less. Better running of the company through incentive. But yeah, that's not how things are done in the real world, lol.

I'd imagine he almost certainly does have shares as part of his position as CEO. This is just him buying more shares for himself. It's generally seen as a sign of faith in the company's future.

Goldner himself has been lauded as one of the better CEO's in America of late, having kept Hasbro profitable and even growing through rough economic times. And as Xenos mentioned, Goldner is not afraid to take short-term risks (see: The creation of the Hub network) for longer-term gain. In fact, Goldner's willingness to make Hasbro "branch out" as more of a multi-media company is one of the reasons he's admired, from my understanding.

None of this really directly affects G.I. Joe as a brand though...Hasbro as a company can be doing great even if Joe is still kinda down in the dumps. As we all already know, the next big "push" for Joe will be when the movie sequel arrives.

Yeah. I know the popular opinion around here is to hate on "hasblow" and they can't do anything right but the facts show that they know what they are doing.

He's prepping to cash in on the the next TF movie. Once the movie comes out stocks will get a hefty bump in price, then he sells.

Originally Posted by Silenth

He's prepping to cash in on the the next TF movie. Once the movie comes out stocks will get a hefty bump in price, then he sells.

I gotta say... as much as I disliked TF2, I'm waiting by the computer for the release of the TF3 trailer today...

Originally Posted by Troynos

Yeah. I know the popular opinion around here is to hate on "hasblow" and they can't do anything right but the facts show that they know what they are doing.

I guess I'm in the minority then.

Maybe the CEO is raising stock holder confidence? The HUB is a major turnning point for them as a company.

Originally Posted by MightyMegs

I gotta say... as much as I disliked TF2, I'm waiting by the computer for the release of the TF3 trailer today...