Hasbro (HAS) CEO sells stock after exercising multiple option grants

Rhea-AI Filing Summary

Hasbro, Inc. Chief Executive Officer Christian P. Cocks reported a series of stock option exercises and share sales dated February 12, 2026. He exercised multiple options granted under a stock incentive plan, acquiring common shares at exercise prices ranging from $55.78 to $96.79 per share.

On the same date, he sold several blocks of Hasbro common stock, including 100,920 shares at a weighted average price of $102.6331, 2,844 shares at $103.5357, 73,324 shares at $105.4011, and 4,493 shares at $106.4789. Following these transactions, he directly owned 249,861 shares of Hasbro common stock.

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

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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^*

Cocks Christian P

(Last) (First) (Middle)

C/O HASBRO, INC.

1027 NEWPORT AVE

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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		10,279	A	$86.66	260,140	D
Common Stock (Par Value $.50 per share)	02/12/2026		M		12,915	A	$96.79	273,055	D
Common Stock (Par Value $.50 per share)	02/12/2026		M		13,862	A	$90.18	286,917	D
Common Stock (Par Value $.50 per share)	02/12/2026		M		6,931	A	$96.73	293,848	D
Common Stock (Par Value $.50 per share)	02/12/2026		M		98,789	A	$94.89	392,637	D
Common Stock (Par Value $.50 per share)	02/12/2026		M		38,805	A	$55.78	431,442	D
Common Stock (Par Value $.50 per share)	02/12/2026		S		100,920(1)	D	$102.6331	330,522	D
Common Stock (Par Value $.50 per share)	02/12/2026		S		2,844(2)	D	$103.5357	327,678	D
Common Stock (Par Value $.50 per share)	02/12/2026		S		73,324(3)	D	$105.4011	254,354	D
Common Stock (Par Value $.50 per share)	02/12/2026		S		4,493(4)	D	$106.4789	249,861	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
Stock Option (Right to Buy)(5)	$86.66	02/12/2026		M			10,279	(6)	02/18/2026	Common Stock	10,279	$0	0	D
Stock Option (Right to Buy)(5)	$96.79	02/12/2026		M			12,915	(7)	02/17/2027	Common Stock	12,915	$0	0	D
Stock Option (Right to Buy)(5)	$90.18	02/12/2026		M			13,862	(8)	02/16/2028	Common Stock	13,862	$0	0	D
Option (Right to Buy)(5)	$96.73	02/12/2026		M			6,931	(9)	03/22/2028	Common Stock	6,931	$0	0	D
Option (Right to Buy)(5)	$94.89	02/12/2026		M			98,789	(10)	02/24/2029	Common Stock	98,789	$0	0	D
Option (Right to Buy)(5)	$55.78	02/12/2026		M			38,805	(11)	02/23/2030	Common Stock	38,805	$0	196,411	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 $102.50 to $103.49, 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $103.50 to $103.5550, 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 (2).

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $105.00 to $105.9996, 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 (3).

4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $106.0071 to $106.9850, 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 (4).

5. These options were granted pursuant to a stock incentive plan in accordance with Rule 16b-3 and have tandem tax withholding rights.

6. 33 1/3% of the options became exercisable each on February 19, 2020, February 19, 2021, and February 19, 2022.

7. 33 1/3% of the options became exercisable each on February 17, 2021, February 17, 2022, and February 17, 2023.

8. 33 1/3% of the options became exercisable each on February 16, 2022, February 16, 2023, and February 16, 2024.

9. 33 1/3% of the options became exercisable each on March 22, 2022, March 22, 2023, and March 22, 2024.

10. 33 1/3% of the options became exercisable each on February 24, 2023, February 24, 2024, and February 24, 2025.

11. 33 1/3% of the options became exercisable each on February 23, 2024 and February 23, 2025 and additional 33 1/3% of the options become exercisable on February 23, 2026.

Remarks:

	Matthew Gilman, P/O/A for Christian P Cocks	02/17/2026
	** 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.
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FAQ

What insider transactions did Hasbro (HAS) report for Christian P. Cocks on February 12, 2026?

Hasbro (HAS) reported that CEO Christian P. Cocks exercised multiple stock options and sold several blocks of common stock on February 12, 2026. These moves converted options into shares and then monetized part of his holdings through open-market sales at various weighted average prices.

How many Hasbro (HAS) shares did the CEO sell in the reported Form 4 filing?

The CEO sold several blocks of Hasbro shares, including 100,920, 2,844, 73,324, and 4,493 shares. Each block was sold at a different weighted average price, ranging from $102.6331 to $106.4789 per share, as disclosed in the Form 4 filing.

What stock option exercises by the Hasbro (HAS) CEO are detailed in this Form 4?

The Form 4 shows CEO Christian P. Cocks exercising multiple stock option grants tied to Hasbro common stock. Exercise prices ranged from $55.78 to $96.79 per share, reflecting options granted under a stock incentive plan with vesting over several prior years.

How many Hasbro (HAS) shares does the CEO own after these transactions?

After the option exercises and related share sales, Christian P. Cocks directly owns 249,861 shares of Hasbro common stock. This post-transaction ownership figure appears in the Form 4 under the column for securities beneficially owned following the reported transactions.

Were the Hasbro (HAS) CEO’s share sales executed at weighted average prices?

Yes. The filing explains that reported sale prices are weighted averages for multiple trades within price ranges. For example, 100,920 shares were sold between $102.50 and $103.49, with a reported weighted average price of $102.6331, and similar footnotes describe other sale ranges.

What plan governed the Hasbro (HAS) stock options exercised by the CEO?

The options exercised by the CEO were granted under a stock incentive plan in accordance with Rule 16b-3. The filing notes that these options include tandem tax withholding rights and became exercisable in one-third increments over several specified vesting dates.