Hasbro (HAS) director Douglas Bowser granted 293 stock units as board compensation

Rhea-AI Filing Summary

Bowser Douglas S reported acquisition or exercise transactions in this Form 4 filing.

HASBRO, INC. director Douglas S. Bowser reported a grant of 293 stock units tied to Hasbro common stock. The units were awarded under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3 and correspond 1-for-1 with common shares.

The units will be settled only in common stock after he ceases to be a director. Thirteen units vest on the earlier of 12/31/2026 or his death, disability, or retirement after age 75, another 13 units vest on the earlier of 12/31/2027 or those events, and the remaining units are immediately vested. Following this grant, he holds 293 stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bowser Douglas S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units	293	$93.60	$27K

Holdings After Transaction: Stock Units — 293 shares (Direct)

Footnotes (1)

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 13 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 13 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: 293 stock units Implied unit value: $93.60 per unit Units vesting 12/31/2026: 13 stock units +2 more

5 metrics

Stock units granted 293 stock units Grant to director on 2026-03-31

Implied unit value $93.60 per unit Reference price for 293 stock units

Units vesting 12/31/2026 13 stock units Vest earlier of 12/31/2026 or death, disability, or retirement after 75

Units vesting 12/31/2027 13 stock units Vest earlier of 12/31/2027 or death, disability, or retirement after 75

Post-transaction holdings 293 stock units Total stock units held directly after grant

Key Terms

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

"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.

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.

vesting financial

"Vesting of 13 units will occur on the earlier of 12/31/2026"

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.

common stock financial

"Units correspond 1 for 1 with common stock. Units are settled only in 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bowser Douglas S

(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)
03/31/2026

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)	(2)	03/31/2026		A		293		(3)(4)	(3)(4)	Common Stock	293	$93.6	293	D

Explanation of Responses:

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.

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 13 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 13 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 Douglas S. Bowser	04/02/2026
	** 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)

FAQ

What did Douglas S. Bowser acquire in this Hasbro (HAS) Form 4 filing?

Douglas S. Bowser received a grant of 293 stock units linked to Hasbro common stock. These units were awarded as director compensation under Hasbro’s Deferred Compensation Plan for Non-Employee Directors and are treated as derivative securities until settled in common shares.

How are the 293 Hasbro (HAS) stock units for director Douglas S. Bowser structured?

The 293 stock units correspond 1-for-1 with Hasbro common stock and are settled only in common shares. They were granted under the Deferred Compensation Plan for Non-Employee Directors and will be paid after he ceases serving as a director of the company.

When do Douglas S. Bowser’s Hasbro (HAS) stock units vest?

Thirteen units vest on the earlier of December 31, 2026 or his death, disability, or retirement after age 75. Another 13 vest on the earlier of December 31, 2027 or those events, while the remainder of the 293 stock units are immediately vested at grant.

Is the Hasbro (HAS) Form 4 transaction for Douglas S. Bowser a market purchase or sale?

The transaction is a grant of 293 stock units as compensation, not a market purchase or sale. It is classified as an acquisition under code A, meaning a grant, award, or other acquisition rather than an open-market trade in Hasbro shares.

What plan governs Douglas S. Bowser’s stock units in Hasbro (HAS)?

The stock units were acquired under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors. The filing notes the grant complies with Rule 16b-3, which governs certain insider compensation-related transactions for directors and officers of public companies.

When will Douglas S. Bowser’s Hasbro (HAS) stock units be paid out?

The units are payable only in Hasbro common stock after Douglas S. Bowser ceases to be a director. This means settlement into actual shares occurs upon termination of board service rather than immediately at the time of the grant.