HAS Form 4: Chief People Officer RSU Withholding of 7,196 Shares

Rhea-AI Filing Summary

Holly Barbacovi, Chief People Officer at Hasbro, Inc. (HAS), reported a disposal of 7,196 shares of Hasbro common stock on 08/15/2025 at a price of $80.72 per share. The sale reflects share withholding to satisfy tax obligations related to the vesting of the first tranche (33 1/3%) of a 45,600 restricted stock unit (RSU) award granted on August 15, 2024. After the withholding, Barbacovi beneficially owns 47,090 shares, a total that has been adjusted to include 302 accrued dividend equivalents that convert into shares upon RSU vesting. The Form 4 was signed by Matthew Gilman as power of attorney on 08/19/2025.

Insights

Financial Analyst

TL;DR: Routine tax-withholding sale from RSU vesting; not an indication of new market-driven selling pressure.

The filing documents a non-derivative disposition of 7,196 Hasbro shares via share-withholding at $80.72 tied explicitly to the tax withholding for the first tranche (33 1/3%) of a 45,600 RSU award granted 08/15/2024. The remaining beneficial ownership of 47,090 shares reflects inclusion of 302 dividend equivalents. This is a standard administrative transaction following equity compensation vesting and does not disclose additional open-market selling or purchases by the reporting person.

Corporate Governance Expert

TL;DR: Transaction is administrative in nature and consistent with standard insider compensation settlement practices.

The Form 4 indicates the Chief People Officer used share withholding to satisfy tax obligations upon RSU vesting, a common and pre-authorized mechanism. The report was filed individually and executed by a P/O/A on 08/19/2025. There are no indications of departures, new grants beyond the referenced award, or other governance events in this filing.

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^*

Barbacovi Holly

(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)
	Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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)	08/15/2025		F(1)		7,196	D	$80.72	47,090(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 first tranche (33 1/3%) of a restricted stock unit award of 45,600 shares granted August 15, 2024.

2. Total adjusted for 302 accrued 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 Holly Barbacovi	08/19/2025
	** 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 transaction did Holly Barbacovi report on Form 4 for HAS?

The Form 4 reports a disposition of 7,196 shares of Hasbro common stock on 08/15/2025 at $80.72 per share via share withholding for tax purposes.

Why were Hasbro shares withheld from Holly Barbacovi's holdings?

Shares were withheld to pay taxes related to the vesting of the first tranche (33 1/3%) of a 45,600 RSU award granted on 08/15/2024.

How many Hasbro shares does Holly Barbacovi beneficially own after this transaction?

After the reported withholding, Barbacovi beneficially owns 47,090 shares, which includes 302 accrued dividend equivalents convertible to shares upon vesting.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Matthew Gilman, P/O/A for Holly Barbacovi on 08/19/2025.