STOCK TITAN

Hasbro (NASDAQ: HAS) CMO withholds shares to cover RSU tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hasbro, Inc. Chief Marketing Officer Jason M. Bunge reported routine tax-withholding dispositions tied to restricted stock unit (RSU) vesting. On two dates, a total of 2,506 shares of common stock were withheld at $95.13 per share to cover tax obligations, not open-market sales.

One transaction on May 15, 2026 withheld 1,037 shares related to vesting of the first 33 1/3% tranche of an RSU award granted on May 15, 2025, with 48 dividend equivalents converting into additional shares. A second on May 17, 2026 withheld 1,469 shares for the third 33 1/3% tranche of a 9,723-share RSU award granted on May 17, 2023, including 218 dividend equivalents. After these transactions, Bunge directly holds 41,282 shares.

Positive

  • None.

Negative

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Insider Bunge Jason M
Role Chief Marketing Officer
Type Security Shares Price Value
Tax Withholding Common Stock (Par Value $.50 per share) 1,469 $95.13 $140K
Tax Withholding Common Stock (Par Value $.50 per share) 1,037 $95.13 $99K
Holdings After Transaction: Common Stock (Par Value $.50 per share) — 41,282 shares (Direct, null)
Footnotes (1)
  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 granted May 15, 2025. Total adjusted for 48 accrued dividend equivalents payable upon vesting of RSUs. Each dividend equivalent converted into one share of Hasbro Common Stock upon vesting. This represents payment of tax withholding using share withholding in connection with the vesting of the third tranche (33 1/3%) of a restricted stock unit award of 9,723 shares granted May 17, 2023. Total adjusted for 218 accrued dividend equivalents payable upon vesting of RSUs. Each dividend equivalent converted into one share of Hasbro Common Stock upon vesting.
Tax-withholding shares (1st transaction) 1,037 shares Common stock withheld on May 15, 2026 at $95.13 per share
Tax-withholding shares (2nd transaction) 1,469 shares Common stock withheld on May 17, 2026 at $95.13 per share
Total tax-withholding shares 2,506 shares Aggregate RSU-related tax withholding across both transactions
Withholding price $95.13 per share Price applied to both tax-withholding dispositions
Shares held after transactions 41,282 shares Direct Hasbro common stock holdings following latest disposition
RSU award size 9,723 shares Restricted stock unit award granted May 17, 2023
Dividend equivalents (first RSU) 48 equivalents Converted into one share each upon RSU vesting
Dividend equivalents (second RSU) 218 equivalents Converted into one share each upon RSU vesting
restricted stock unit financial
"in connection with the vesting of the first tranche (33 1/3%) of a restricted stock unit award granted May 15, 2025"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalents financial
"Total adjusted for 48 accrued dividend equivalents payable upon vesting of RSUs"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
tranche financial
"in connection with the vesting of the third tranche (33 1/3%) of a restricted stock unit award of 9,723 shares"
A tranche is one slice of a larger financing or investment that is released, sold, or paid out in separate parts rather than all at once. Investors care because each slice can carry different risk, return and timing—like buying pieces of a cake where some slices are richer or come later—so the specific tranche you hold affects when you get paid and how much you might gain or lose.
tax withholding financial
"This represents payment of tax withholding using share withholding in connection with the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
SEC Form 4
FORM 4UNITED 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*
Bunge Jason M

(Last)(First)(Middle)
1027 NEWPORT AVENUE, PAWTUCKET, RI 02861

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Marketing Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock (Par Value $.50 per share)05/15/2026F(1)1,037D$95.1342,533(2)D
Common Stock (Par Value $.50 per share)05/17/2026F(3)1,469D$95.1341,282(4)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 granted May 15, 2025.
2. Total adjusted for 48 accrued dividend equivalents payable upon vesting of RSUs. Each dividend equivalent converted into one share of Hasbro Common Stock upon vesting.
3. This represents payment of tax withholding using share withholding in connection with the vesting of the third tranche (33 1/3%) of a restricted stock unit award of 9,723 shares granted May 17, 2023.
4. Total adjusted for 218 accrued dividend equivalents payable upon vesting of RSUs. Each dividend equivalent converted into one share of Hasbro Common Stock upon vesting.
Remarks:
Matthew Gilman, P/O/A for Jason M. Bunge05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did Hasbro (HAS) report for Jason M. Bunge?

Hasbro reported that Chief Marketing Officer Jason M. Bunge had shares withheld to cover tax obligations from RSU vesting. Two Form 4 entries show 2,506 common shares disposed as tax-withholding, rather than open-market purchases or sales, in connection with scheduled restricted stock unit vesting.

Were Jason Bunge’s Hasbro (HAS) transactions open-market sales?

No, the Form 4 shows tax-withholding dispositions, not open-market sales. Shares were withheld by Hasbro to pay taxes due when RSU awards vested. This is a routine, compensation-related mechanism and does not represent discretionary buying or selling in the market by the executive.

How many Hasbro (HAS) shares were withheld for Jason Bunge’s RSU taxes?

A total of 2,506 Hasbro common shares were withheld to cover tax obligations. One transaction used 1,037 shares and another used 1,469 shares, both at $95.13 per share, reflecting automatic tax payments tied to restricted stock unit vesting events.

What is Jason Bunge’s Hasbro (HAS) shareholding after these transactions?

After the tax-withholding dispositions, Jason M. Bunge directly holds 41,282 Hasbro common shares. This figure reflects adjustments for RSU vesting, the related share withholding for taxes, and the conversion of accrued dividend equivalents into additional shares upon vesting.

Which RSU awards triggered Jason Bunge’s Hasbro (HAS) tax withholdings?

The tax withholdings were tied to two RSU awards. One was the first 33 1/3% tranche of an RSU grant dated May 15, 2025. The other was the third 33 1/3% tranche of a 9,723-share RSU award originally granted on May 17, 2023.

What are dividend equivalents mentioned in the Hasbro (HAS) Form 4 footnotes?

Dividend equivalents are credits mirroring dividends on unvested RSUs that convert into shares when RSUs vest. The filing notes 48 dividend equivalents and 218 dividend equivalents, each converting into one Hasbro common share upon vesting, increasing the number of shares delivered to the executive.