Hasbro (HAS) president withholds 5,939 shares to cover RSU tax bill

Rhea-AI Filing Summary

Hasbro executive Timothy J. Kilpin reported a tax-withholding disposition of 5,939 shares of common stock at $95.13 per share. The shares were withheld to cover taxes on the vesting of the third 33 1/3% tranche of restricted stock units granted on May 17, 2023. After this withholding and including 889 shares from dividend equivalents, he directly holds 33,452 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KILPIN TIMOTHY J.

Role President, Toy, Lic & Ent

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock (Par Value $.50 per share)	5,939	$95.13	$565K

Holdings After Transaction: Common Stock (Par Value $.50 per share) — 33,452 shares (Direct, null)

Footnotes (1)

1. This represents payment of tax withholding using share withholding in connection with the vesting of the third tranche (33 1/3%) of restricted stock unit awards granted May 17, 2023. Total adjusted for 889 accrued dividend equivalents payable upon vesting of RSUs. Each dividend equivalent converted into one share of Hasbro Common Stock upon vesting.

Key Figures

Shares withheld for taxes: 5,939 shares Tax-withholding price: $95.13 per share Shares held after transaction: 33,452 shares +3 more

6 metrics

Shares withheld for taxes 5,939 shares Tax-withholding disposition on RSU vesting

Tax-withholding price $95.13 per share Valuation price for withheld shares

Shares held after transaction 33,452 shares Direct holdings after withholding, including dividend equivalents

Dividend equivalent shares 889 shares Accrued dividend equivalents converted at RSU vesting

RSU tranche vested 33 1/3% Third tranche of RSU awards vested

RSU grant date May 17, 2023 Original grant date of restricted stock unit awards

Key Terms

restricted stock unit, tax withholding, share withholding, dividend equivalents, +1 more

5 terms

restricted stock unit financial

"vesting of the third tranche (33 1/3%) of restricted stock unit awards granted May 17, 2023"

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.

tax withholding financial

"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.

share withholding financial

"payment of tax withholding using share withholding in connection with the vesting"

dividend equivalents financial

"Total adjusted for 889 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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

KILPIN TIMOTHY J.

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Toy, Lic & Ent

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/17/2026

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
Common Stock (Par Value $.50 per share)	05/17/2026		F(1)		5,939(1)	D	$95.13	33,452(2)	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. This represents payment of tax withholding using share withholding in connection with the vesting of the third tranche (33 1/3%) of restricted stock unit awards granted May 17, 2023.

2. Total adjusted for 889 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 Timothy J. Kilpin	05/19/2026
	** 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 insider transaction did Hasbro (HAS) executive Timothy Kilpin report?

Timothy J. Kilpin reported a tax-withholding disposition of 5,939 Hasbro shares. The company withheld these shares to pay taxes due upon vesting of restricted stock units, rather than selling them in the open market.

Was Timothy Kilpin’s Hasbro Form 4 transaction a sale in the market?

The transaction was not an open-market sale. Shares were withheld by Hasbro to satisfy tax obligations related to vesting restricted stock units, a common administrative mechanism that does not reflect a discretionary buy or sell decision.

How many Hasbro shares does Timothy Kilpin hold after this Form 4 transaction?

After the tax-withholding disposition, Timothy Kilpin directly holds 33,452 Hasbro shares. This total includes 889 additional shares issued as dividend equivalents that converted into common stock when his restricted stock units vested.

What is the origin of the restricted stock units in Timothy Kilpin’s Hasbro filing?

The restricted stock units vesting in this transaction come from awards granted on May 17, 2023. The current event reflects vesting of the third 33 1/3% tranche of those RSUs, triggering associated tax withholding in shares.

What price per share was used in Timothy Kilpin’s Hasbro tax-withholding transaction?

The filing reports a transaction price of $95.13 per Hasbro share for the tax-withholding disposition. This price is used to value the 5,939 withheld shares when covering the income tax liability from the RSU vesting event.