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Hasbro (HAS) EVP Tarrant Sibley sells 15,148 shares after option exercise

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hasbro executive Tarrant L. Sibley, EVP, Chief Legal Officer and Corporate Secretary, reported an option exercise and share sale in Hasbro, Inc. common stock. On February 12, 2026, Sibley exercised options to acquire 15,148 shares at an exercise price of $86.66 per share. On the same day, Sibley sold 15,148 shares of common stock in open-market transactions at a weighted average price of $104.9766 per share, with individual sale prices ranging from $104.97 to $105.07. After these transactions, Sibley directly beneficially owned 50,173.97 shares of Hasbro common stock.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sibley Tarrant L.

(Last) (First) (Middle)
C/O HASBRO, INC.
1027 NEWPORT AVENUE

(Street)
PAWTUCKET RI 02861

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HASBRO, INC. [ HAS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CLO and Corp Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (Par Value $.50 per share) 02/12/2026 M 15,148 A $86.66 65,321.97 D
Common Stock (Par Value $.50 per share) 02/12/2026 S 15,148 D $104.9766(1) 50,173.97 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy)(2) $86.66 02/12/2026 M 15,148 (3) 02/18/2026 Common Stock 15,148 $0 0 D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $104.97 to $105.07, inclusive. The reporting person undertakes to provide to Hasbro, Inc., any security holder of Hasbro, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1).
2. These options were granted under an employee stock option plan in accordance with Rule 16b-3 and have tandem tax withholding rights.
3. 33 1/3% of the options became exercisable on each of February 19, 2020, February 19, 2021, and February 19, 2022.
Remarks:
Matthew Gilman, P/O/A for Tarrant L. Sibley 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Hasbro (HAS) report for Tarrant L. Sibley?

Hasbro (HAS) reported that EVP and Chief Legal Officer Tarrant L. Sibley exercised stock options for 15,148 shares and sold 15,148 common shares on February 12, 2026. These moves converted options into stock and then partially monetized those shares.

How many Hasbro (HAS) shares did Tarrant L. Sibley sell and at what price?

Tarrant L. Sibley sold 15,148 Hasbro (HAS) common shares at a weighted average price of $104.9766. The sales occurred in multiple trades, with prices ranging from $104.97 to $105.07, as disclosed in the Form 4 filing footnote.

What was the exercise price of the options used by Hasbro (HAS) executive Tarrant L. Sibley?

The options exercised by Hasbro (HAS) executive Tarrant L. Sibley had an exercise price of $86.66 per share. Exercising these employee stock options converted derivative securities into 15,148 shares of common stock before the same number of shares was sold.

How many Hasbro (HAS) shares does Tarrant L. Sibley own after the reported transactions?

After the reported transactions, Tarrant L. Sibley directly beneficially owned 50,173.97 shares of Hasbro (HAS) common stock. This figure reflects his holdings following the option exercise and subsequent sale of 15,148 shares on February 12, 2026.

What role does Tarrant L. Sibley hold at Hasbro (HAS)?

Tarrant L. Sibley serves as Executive Vice President, Chief Legal Officer and Corporate Secretary at Hasbro (HAS). His position classifies him as an officer of the company, requiring public reporting of his equity transactions under Section 16 rules.
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