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Hasbro (NASDAQ: HAS) EVP withholds 3,086 shares for RSU tax payment

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HASBRO, INC. executive Tarrant L. Sibley, EVP, CLO and Corporate Secretary, reported a tax-related share disposition. On March 7, 2026, 3,086 shares of common stock were withheld at $93.51 per share to satisfy tax obligations tied to restricted stock unit vesting, rather than sold on the open market.

The withholding relates to the vesting of the second 33 1/3% tranche of an aggregate 18,889 RSUs granted on March 7, 2024. After this transaction, Sibley directly holds about 58,043 shares of Hasbro common stock, including 74 dividend-equivalent units that convert into shares upon RSU vesting.

Positive

  • None.

Negative

  • None.
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)
03/07/2026
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) 03/07/2026 F(1) 3,086 D $93.51 58,042.97(2) 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
Explanation of Responses:
1. This represents payment of tax withholding using share withholding in connection with the vesting of the second tranche (33 1/3%) of a restricted stock unit awards in the aggregate of 18,889 shares granted March 7, 2024.
2. Total adjusted for 74 dividend equivalents payable upon vesting of RSUs. Each RSU dividend equivalent converts into one share of Hasbro Common Stock upon vesting.
Remarks:
Matthew Gilman, P/O/A for Tarrant L. Sibley 03/10/2026
** 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 HAS executive Tarrant L. Sibley report?

Tarrant L. Sibley reported a tax-related share disposition of 3,086 Hasbro common shares. The shares were withheld by the company at $93.51 each to cover tax obligations arising from vesting restricted stock units, rather than being sold in an open-market transaction.

Was the HAS Form 4 transaction an open-market sale of shares?

No, the Form 4 transaction was not an open-market sale. It was a tax-withholding disposition, where 3,086 Hasbro shares were withheld at $93.51 per share in connection with vesting restricted stock units granted on March 7, 2024, to satisfy tax liabilities.

How many HAS shares does Tarrant L. Sibley own after this Form 4 transaction?

After the reported tax-withholding disposition, Tarrant L. Sibley directly owns approximately 58,043 Hasbro common shares. This total includes 74 dividend-equivalent units tied to restricted stock units, each of which converts into one Hasbro common share upon vesting of the related RSUs.

What awards triggered the HAS tax-withholding share disposition?

The disposition is linked to vesting of the second 33 1/3% tranche of a restricted stock unit award. The award covers an aggregate 18,889 RSUs granted on March 7, 2024, and the company withheld 3,086 shares to pay related tax withholdings at vesting.

What do the 74 dividend equivalents mentioned in the HAS filing represent?

The 74 dividend equivalents represent additional units credited on restricted stock units for dividends. Each dividend-equivalent unit converts into one Hasbro common share when the underlying RSUs vest, and they are included in Tarrant L. Sibley’s post-transaction share total of about 58,043 shares.
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