Form 4: Hasbro Chair Stoddart Acquires 152 Stock Units

Richard S. Stoddart, Chair of Hasbro's Board, acquired 152 stock units through a deferred compensation plan, increasing his beneficial ownership.

Summary

• Richard S. Stoddart, Chair of the Board and a Director of Hasbro, Inc. [HAS], acquired 152 stock units.
• The transaction occurred on September 30, 2025.
• These stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors, in compliance with Rule 16b-3.
• Each stock unit corresponds 1 for 1 with Hasbro common stock.
• The units are settled only in common stock and are payable after Mr. Stoddart ceases to be a director.
• The price of the derivative security (stock unit) was $75.85.
• Following this transaction, Mr. Stoddart beneficially owns 16,638 derivative securities (stock units).

Sentiment

Score: 7

Explanation: The acquisition of stock units by the Chair of the Board, while routine compensation, signals continued alignment of interests with shareholders.

Positives

• Richard S. Stoddart, Chair of the Board, acquired 152 stock units, signaling continued confidence in Hasbro's future.
• The acquisition aligns the interests of a key board member with those of shareholders, as units are settled in common stock.
• The transaction was made in compliance with Rule 16b-3, indicating adherence to regulatory standards for insider transactions.

Future Outlook

The acquired stock units are settled only in common stock and are payable after the reporting person ceases to be a director.

Industry Context

This filing details a routine insider transaction related to director compensation and does not provide broader industry context or trends.

Corporate Governance

Related Party Transactions

• Acquisition of 152 stock units by Richard S. Stoddart, a Director and Chair of the Board, through the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors.

Stakeholder Impact

• Shareholders: Increased alignment of the Chair of the Board's interests with shareholder value through stock unit ownership.
• Directors: Participation in the Deferred Compensation Plan provides a mechanism for non-employee directors to accumulate equity in the company.

Next Steps

• Stock units will be settled in common stock and paid out after Richard S. Stoddart ceases to be a director.

Key Dates

Recommendation

The acquisition of stock units by the Chair of the Board, Richard S. Stoddart, through a deferred compensation plan, indicates continued alignment of management interests with shareholders. While a positive signal, this routine compensation event for 152 units does not significantly alter the fundamental investment thesis for Hasbro, supporting a 'hold' recommendation.

Keywords

Hasbro, HAS, Form 4, insider transaction, stock units, director compensation, Richard S. Stoddart