[Form 4] Hasbro, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Hasbro officer and director Timothy J. Kilpin reported a sale of 8,557 shares of Hasbro common stock on 08/27/2025 at a price of $81.44 per share. After the sale, Kilpin beneficially owned 44,301 shares. The Form 4 was filed individually and signed by Matthew Gilman as power of attorney on 08/27/2025. No derivative transactions were reported.

Positive

• Timely disclosure of insider transaction via Form 4
• Post-transaction ownership is disclosed (44,301 shares), providing transparency

Negative

• Insider sale of 8,557 shares reduces officer's holding
• No context provided on reason for sale (e.g., diversification, tax), limiting interpretability

Insights

Financial Analyst

TL;DR: Routine officer share sale disclosed; transaction reduces insider stake but contains no new operational or financial information.

The Form 4 documents a straightforward open-market sale of 8,557 Hasbro shares by Timothy J. Kilpin at $81.44 per share, leaving a post-transaction beneficial holding of 44,301 shares. This disclosure is standard for Section 16 reporting and does not provide company-level metrics such as revenue or earnings. From an investor-impact perspective, the filing is informational rather than material; it signals insider liquidity but not a change in corporate strategy.

Compliance/Risk Analyst

TL;DR: Filing appears complete and timely for a single reporting person, with Power of Attorney signature; no compliance exceptions shown.

The Form 4 indicates the reporting person is an officer and director and the transaction was reported via a single filing. The signature block shows a P/O/A executed by Matthew Gilman on the transaction date. No derivative securities were reported and no amendment is indicated. Based solely on the form content, there are no apparent disclosure deficiencies or rule violations documented.

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^*

KILPIN TIMOTHY J.

(Last) (First) (Middle)

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)
	President, Toy, Lic & Ent

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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)	08/27/2025		S		8,557	D	$81.44	44,301	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:

Remarks:

	Matthew Gilman, P/O/A for Timothy J. Kilpin	08/27/2025
	** 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 did HAS insider Timothy J. Kilpin report on Form 4?

He reported a sale of 8,557 shares of Hasbro common stock on 08/27/2025 at $81.44 per share, leaving 44,301 shares beneficially owned.

When was the Form 4 for HAS filed and who signed it?

The Form 4 is dated 08/27/2025 and is signed by Matthew Gilman as power of attorney for Timothy J. Kilpin on that date.

Does the Form 4 show any option or derivative transactions for HAS?

No. Table II for derivative securities contains no reported transactions in the provided filing.

What is Kilpin's role at Hasbro as stated on the filing?

He is listed as an officer and director, with the officer title shown as President, Toy, Lic & Ent.

Was this Form 4 filed by more than one reporting person?

No. The form indicates it was filed by one reporting person.