[SCHEDULE 13G/A] Hasbro, Inc. SEC Filing

Rhea-AI Filing Summary

Capital Research Global Investors (CRGI) filed Amendment No. 2 to Schedule 13G regarding its holdings in Hasbro, Inc. (HAS).

• Event date: 30 June 2025; filing dated 1 July 2025.
• Beneficial ownership: 5,027,509 common shares, equivalent to 3.6 % of Hasbro’s 140,129,383 shares outstanding.
• Sole voting power: 5,024,697 shares; sole dispositive power: 5,027,509 shares; no shared voting or dispositive power.
• CRGI is an investment adviser (IA) and part of Capital Research and Management Company and its affiliates.
• The filing confirms the shares are held in the ordinary course of business and not for the purpose of influencing control.
• The position now stands below the 5 % ownership threshold; therefore CRGI is no longer considered a 5 % beneficial owner under SEC rules.

While CRGI remains a meaningful institutional holder, this amendment signals a reduced stake compared with prior filings, information that investors may weigh when assessing institutional sentiment toward Hasbro.

Positive

• Continued institutional support: CRGI retains a sizeable 3.6% stake, indicating ongoing confidence despite reduction.

Negative

• Stake falls below 5%: The filing confirms CRGI has reduced its position, potentially signalling less conviction and decreasing institutional influence.

Insights

Institutional Ownership Analyst

TL;DR: CRGI cut its Hasbro stake to 3.6%, falling below 5%—a notable but not transformative shift in institutional ownership.

The amendment indicates CRGI now owns 5.03 million shares versus the 5 % reporting threshold, suggesting recent sales or dilution. Although Hasbro retains support from a major asset manager, the drop may curb perceived voting influence and could be read as waning conviction. As CRGI disclaims any intent to influence control, no activist angle is implied. For valuation models, the change does not affect fundamentals but may modestly impact trading liquidity and sentiment.

Portfolio Manager

TL;DR: Stake reduction is mildly bearish but largely liquidity-driven; Hasbro fundamentals remain unchanged.

A 3.6% holding still places CRGI among Hasbro’s top institutional owners, yet the sub-5% status removes heightened reporting duties, often signalling a passive stance. The absence of shared voting power underscores a non-collaborative position. Market impact should be limited to near-term supply concerns, given average daily volume. I view the disclosure as not materially impactful to long-term investment theses, though worth monitoring for further reductions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Hasbro, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

418056107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 418056107

1

Names of Reporting Persons

Capital Research Global Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,024,697.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,027,509.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,027,509.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Hasbro, Inc.
(b)	Address of issuer's principal executive offices: 1027 NEWPORT AVENUE, PAWTUCKET, RI 02861
Item 2.
(a)	Name of person filing: Capital Research Global Investors
(b)	Address or principal business office or, if none, residence: 333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 418056107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5,027,509 ** **Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 5,027,509 shares or 3.6% of the 140,129,383 shares believed to be outstanding.
(b)	Percent of class: 3.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5,024,697
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 5,027,509
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital Research Global Investors

Signature:	Jae Won Chung
Name/Title:	Vice President and Senior Counsel II, Capital Research and Management Company
Date:	07/01/2025

FAQ

How many Hasbro (HAS) shares does Capital Research Global Investors now own?

CRGI reports beneficial ownership of 5,027,509 common shares.

What percentage of Hasbro’s outstanding shares does this represent?

The holding equals 3.6 % of the 140,129,383 shares believed to be outstanding.

Did Capital Research retain voting control over its Hasbro shares?

Yes. CRGI has sole voting power over 5,024,697 shares and no shared voting power.

Why is the Schedule 13G/A filing significant for investors?

It reveals an institutional stake below the 5 % threshold, indicating a reduced position that may affect sentiment and liquidity.

Does the filing suggest any intent to influence Hasbro’s management?

No. CRGI certifies the shares are held in the ordinary course of business and not to influence control.