Hasbro (NASDAQ: HAS) awards 14,152 shares to executive, withholds 4,963

Rhea-AI Filing Summary

HASBRO, INC. President, Toy, Licensing & Entertainment Timothy J. Kilpin reported two stock transactions. He acquired 14,152 shares of common stock at $0.00 per share as shares earned under a performance share award granted on May 17, 2023, based on Hasbro’s achievement of stated financial goals over a three-year period. To cover tax withholding on this earned award, 4,963 shares were disposed of at $101.19 per share through share withholding rather than an open-market sale. After these transactions, he directly owns 45,717 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^*

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)
02/20/2026

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)	02/20/2026		A(1)		14,152	A	$0	50,680	D
Common Stock (Par Value $.50 per share)	02/20/2026		F(2)		4,963	D	$101.19	45,717	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. Shares earned under a performance share award granted May 17, 2023, which was contingent upon Hasbro's achievement of certain stated financial goals over a three year performance period.

2. This represents payment of tax withholding using share withholding in connection with the above earned performance share award.

Remarks:

	Matthew Gilman, P/O/A for Timothy J. Kilpin	02/24/2026
	** 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).
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FAQ

What insider transactions did HAS executive Timothy J. Kilpin report on this Form 4?

Timothy J. Kilpin reported receiving a stock award and a related tax withholding. He acquired 14,152 shares of Hasbro common stock at no cost, then 4,963 shares were withheld and disposed of at $101.19 per share to satisfy tax obligations on the award.

How many Hasbro (HAS) shares did Timothy J. Kilpin receive in the latest award?

He received 14,152 shares of Hasbro common stock as an earned performance share award. The award was originally granted on May 17, 2023 and became earned based on Hasbro achieving specified financial goals over a three-year performance period, according to the filing footnote.

Why were 4,963 Hasbro (HAS) shares disposed of in Kilpin’s Form 4 filing?

The 4,963 shares were withheld to pay taxes on the earned performance share award. Rather than selling shares in the open market, the company withheld this portion at $101.19 per share to satisfy tax withholding obligations related to the vested stock award.

What is Timothy J. Kilpin’s Hasbro (HAS) share ownership after these transactions?

Following the reported Form 4 transactions, Timothy J. Kilpin directly owns 45,717 shares of Hasbro common stock. This figure reflects the 14,152 shares acquired from the performance award minus the 4,963 shares withheld for taxes, as disclosed in the transaction totals.

What do the Form 4 transaction codes A and F mean in this Hasbro (HAS) filing?

Code A indicates a grant, award, or other acquisition of shares, in this case the 14,152-share performance award. Code F indicates shares disposed of to pay tax withholding or exercise costs, here the 4,963 shares withheld at $101.19 to satisfy tax obligations.