Hasbro director granted 783 stock units

HASBRO, INC. director Lisa Gersh received a grant of 783 stock units as part of her director compensation.

Rhea-AI Filing Summary

HASBRO, INC. director Lisa Gersh received a grant of 783 stock units as part of her director compensation. These phantom stock units were acquired under the Hasbro Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3 and correspond 1-for-1 with Hasbro common stock. The units are settled only in common stock after she ceases to be a director. Of the new units, 18 vest on the earlier of 12/31/2026 or specified events such as death, disability or retirement after age 75, and another 18 vest on the earlier of 12/31/2027 or those events, while the remaining units vest immediately. Following this award, Gersh directly holds 46,031 stock units tied to Hasbro common shares.

Insider Trade Summary

Grant/Award: 783 shares

Grant/Award 1 txn

Insider Gersh Lisa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units	783	$82.59	$65K

Holdings After Transaction: Stock Units — 46,031 contracts (Direct)

Footnotes (4)

1. F1. All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3.
2. F2. Units correspond 1 for 1 with common stock.
3. F3. Units are settled only in common stock and are payable after the reporting person ceases to be a director.
4. F4. Vesting of 18 units will occur on the earlier of 12/31/2026 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person. Vesting of 18 units will occur on the earlier of 12/31/2027 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person. The remainder of the units are immediately vested.

Key Figures

Stock units granted: 783 units Reference price per unit: $82.59 per unit Total units after award: 46,031 units +3 more

6 metrics

Stock units granted 783 units Director award on 2026-06-30

Reference price per unit $82.59 per unit Reported transaction price per stock unit

Total units after award 46,031 units Director’s direct holdings following transaction

First vesting tranche 18 units Vesting on earlier of 12/31/2026 or specified events

Second vesting tranche 18 units Vesting on earlier of 12/31/2027 or specified events

Unit-to-share ratio 1 unit : 1 share Units correspond 1-for-1 with common stock

Key Terms

Deferred Compensation Plan for Non-Employee Directors, phantom stock units, Rule 16b-3, vesting, +1 more

5 terms

Deferred Compensation Plan for Non-Employee Directors financial

"All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3."

phantom stock units financial

"All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Rule 16b-3 regulatory

"All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3."

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

vesting financial

"Vesting of 18 units will occur on the earlier of 12/31/2026 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settled only in common stock financial

"Units are settled only in common stock and are payable after the reporting person ceases to be a director."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Hasbro (HAS) director Lisa Gersh report in this Form 4?

Lisa Gersh reported receiving a grant of 783 stock units tied to Hasbro common stock as director compensation. These phantom stock units were awarded under Hasbro’s Deferred Compensation Plan for Non-Employee Directors and increase her total direct holdings to 46,031 units.

Are Lisa Gersh’s 783 Hasbro stock units an open-market purchase or sale?

The 783 stock units are a grant/award, not an open-market trade. They were acquired under Hasbro’s Deferred Compensation Plan for Non-Employee Directors, classified as a compensation-related award in compliance with Rule 16b-3, with no reported market buy or sell transaction.

How and when will Lisa Gersh’s new Hasbro stock units be settled?

The phantom stock units are settled only in common stock and become payable after Lisa Gersh ceases to be a director. This means she receives actual Hasbro common shares at that time, matching the number of units then outstanding in her deferred compensation account.

What are the vesting terms for Lisa Gersh’s new Hasbro stock units?

Of the 783 units, 18 vest on the earlier of 12/31/2026 or certain events like death, disability or qualifying retirement, another 18 vest on the earlier of 12/31/2027 or those events, and the remainder vest immediately, providing a mix of current and deferred vesting.

How do Lisa Gersh’s Hasbro stock units relate to common stock?

Each phantom stock unit corresponds 1-for-1 with Hasbro common stock. The units are an accounting claim that mirrors the value of one common share each and are ultimately settled in actual common stock when payable under the deferred compensation plan’s terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 04:56 PM Learn about SEC filing dates

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^*

Gersh Lisa

(Last) (First) (Middle)

C/O HASBRO, INC.

1027 NEWPORT AVENUE

(Street)

PAWTUCKET RHODE ISLAND 02861

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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 Units(1)	$0(2)	06/30/2026		A		783		(3)(4)	(3)(4)	Common Stock	783	$82.59	46,031	D

Explanation of Responses:

1. All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3.

2. Units correspond 1 for 1 with common stock.

3. Units are settled only in common stock and are payable after the reporting person ceases to be a director.

4. Vesting of 18 units will occur on the earlier of 12/31/2026 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person. Vesting of 18 units will occur on the earlier of 12/31/2027 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person. The remainder of the units are immediately vested.

Remarks:

	Matthew Gilman, P/O/A for Lisa Gersh	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)