Hasbro (HAS) board chair granted 125 deferred stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HASBRO, INC. director and Chair of the Board Richard S. Stoddart received an award of 125 stock units on March 31, 2026. These stock units were granted under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3, making this a routine compensation-related acquisition rather than an open-market purchase. Each unit corresponds 1-for-1 with Hasbro common stock, is settled only in common stock, and becomes payable after he ceases to be a director. Following this grant, Stoddart holds a total of 16,905 stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stoddart Richard S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 125 | $93.60 | $12K |
Holdings After Transaction:
Stock Units — 16,905 shares (Direct)
Footnotes (1)
- All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3. Units correspond 1 for 1 with common stock. Units are settled only in common stock and are payable after the reporting person ceases to be a director.
Key Figures
Stock units granted: 125 stock units
Grant reference price: $93.60 per unit
Units after transaction: 16,905 stock units
+1 more
4 metrics
Stock units granted
125 stock units
Grant to Richard S. Stoddart on March 31, 2026
Grant reference price
$93.60 per unit
Price per stock unit for the March 31, 2026 award
Units after transaction
16,905 stock units
Total stock units held directly after the grant
Underlying common stock
125 shares
Underlying common shares corresponding to granted stock units
Key Terms
Deferred Compensation Plan for Non-Employee Directors, Rule 16b-3, stock units
3 terms
Deferred Compensation Plan for Non-Employee Directors financial
"All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors"
Rule 16b-3 regulatory
"acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
stock units financial
"All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
FAQ
What did Hasbro (HAS) director Richard S. Stoddart report in this Form 4?
Richard S. Stoddart reported receiving 125 stock units as part of his director compensation. The units were granted under Hasbro’s Deferred Compensation Plan for Non-Employee Directors and are a routine, non-market equity award rather than an open-market stock purchase or sale.
How do the reported Hasbro (HAS) stock units relate to common stock?
Each reported stock unit corresponds 1-for-1 with Hasbro common stock. According to the disclosure, the units are settled only in common stock and become payable after Richard S. Stoddart ceases to be a director, effectively deferring receipt of the underlying shares.
What is Richard S. Stoddart’s total Hasbro (HAS) stock unit position after this grant?
After the grant, he holds 16,905 stock units directly. This total includes the newly awarded 125 units and represents his accumulated deferred equity compensation as a non-employee director and Chair of the Board at Hasbro.
Under what plan were the Hasbro (HAS) stock units granted to Richard S. Stoddart?
The stock units were granted under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors. The filing states the grant complies with Rule 16b-3, which governs certain insider transactions related to equity-based compensation programs.