Hasbro (HAS) director Douglas Bowser awarded 419 deferred stock units under board plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bowser Douglas S reported acquisition or exercise transactions in this Form 4 filing.
Hasbro director Douglas S. Bowser received 419 stock units as compensation. These units were granted under Hasbro’s Deferred Compensation Plan for Non-Employee Directors and correspond 1-for-1 with common stock. Bowser now holds 712 stock units, which will be settled in common stock after he ceases to be a director.
According to the vesting terms, 18 units vest on the earlier of December 31, 2026 or certain separation events, another 18 units vest on the earlier of December 31, 2027 or those events, and the remaining units are already vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bowser Douglas S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 419 | $82.59 | $35K |
Holdings After Transaction:
Stock Units — 712 shares (Direct, null)
Footnotes (1)
- All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3. Units correspond 1 for 1 with common stock. Units are settled only in common stock and are payable after the reporting person ceases to be a director. 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: 419 units
Price per unit reference: $82.59 per unit
Total units after grant: 712 units
+3 more
6 metrics
Stock units granted
419 units
Director award on June 30, 2026
Price per unit reference
$82.59 per unit
Grant valuation for stock units
Total units after grant
712 units
Douglas S. Bowser holdings following transaction
Vesting 2026 tranche
18 units
Vest on earlier of Dec 31, 2026 or specified events
Vesting 2027 tranche
18 units
Vest on earlier of Dec 31, 2027 or specified events
Conversion price
$0.00
Stock units settle in common stock without exercise price
Key Terms
Deferred Compensation Plan for Non-Employee Directors, Rule 16b-3, stock units, vest, +1 more
5 terms
Deferred Compensation Plan for Non-Employee Directors financial
"All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors"
Rule 16b-3 regulatory
"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.
stock units financial
"All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
vest financial
"Vesting of 18 units will occur on the earlier of 12/31/2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"Units correspond 1 for 1 with common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Douglas S. Bowser acquire in this Hasbro (HAS) filing?
Douglas S. Bowser acquired 419 stock units as director compensation. These units are part of Hasbro’s Deferred Compensation Plan for Non-Employee Directors and correspond 1-for-1 with common stock, increasing his total stock unit holdings to 712 after this grant.
When do Douglas Bowser’s newly granted Hasbro (HAS) stock units vest?
Of the 419 stock units, 18 vest on the earlier of December 31, 2026 or specified separation events, another 18 vest on the earlier of December 31, 2027 or those events. The remaining units are immediately vested under the grant terms.
What is Douglas Bowser’s total Hasbro (HAS) stock unit position after this award?
After receiving 419 stock units, Douglas Bowser holds a total of 712 stock units. All units are linked 1-for-1 to Hasbro common stock and are payable only in common stock once he is no longer serving as a director of the company.
Under what plan were the Hasbro (HAS) stock units granted to Douglas Bowser?
All 419 stock units were acquired under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors. The grant complies with Rule 16b-3, which governs certain insider transactions and compensation-related awards for officers and directors of public companies.