Bratspies Stephen B sold HBI
December 1, 2025 · Form 4 insider transaction
Bratspies Stephen B sold 83,334 shares of Hanesbrands Inc., a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Pursuant to the Merger Agreement, each outstanding stock option of the Issuer (each, a "Hanesbrands Option"), whether vested or unvested, was ultimately converted into a Gildan stock option (each, a "Gildan Option"). The number of Gildan Common Shares subject to each such Gildan Option was determined by multiplying the number of shares of Hanesbrands Common Stock subject to such Hanesbrands Option immediately prior to the First Gildan Merger Effective Time by the Equity Award Exchange Ratio, rounding down to the nearest whole number of Gildan Common Shares. The exercise price per Gildan Common Share with respect to each Gildan Option was determined by dividing the exercise price per share of Hanesbrands Common Stock with respect to the related Hanesbrands Option by the Equity Award Exchange Ratio, rounding up to the nearest whole cent.