Form 4: Hasbro Director Lisa Gersh Acquires 820 Stock Units

Hasbro Director Lisa Gersh acquired 820 stock units valued at $75.85 each, increasing her beneficial ownership to 43,786 units.

Summary

• Lisa Gersh, a Director of Hasbro, Inc. (HAS), acquired 820 stock units on September 30, 2025.
• The acquisition was made 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 and was acquired at a price of $75.85.
• Following this transaction, Lisa Gersh beneficially owns 43,786 derivative securities (stock units).
• The units are settled only in common stock and are payable after the reporting person ceases to be a director.
• Of the acquired units, 782 are immediately vested.
• 19 units will vest on the earlier of December 31, 2025 (provided she is still a director) or her death, disability, or retirement (after age 72).
• Another 19 units will vest on the earlier of December 31, 2026 (provided she is still a director) or her death, disability, or retirement (after age 72).

Sentiment

Score: 7

Explanation: The acquisition of stock units by a director is generally a positive signal, indicating confidence in the company's future and aligning management interests with shareholders. However, the amount is relatively small for a company of Hasbro's size, making the overall impact moderate.

Positives

• A director's acquisition of stock units demonstrates continued confidence in the company's future performance.
• The transaction aligns the director's financial interests more closely with those of the shareholders.

Future Outlook

NA

Industry Context

This filing reports an individual director's compensation-related stock unit acquisition and does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: May view the director's increased stake as a positive sign of confidence in the company's long-term prospects.

Next Steps

• Vesting of 19 stock units on the earlier of December 31, 2025, or specific life events.
• Vesting of another 19 stock units on the earlier of December 31, 2026, or specific life events.
• Settlement of stock units in common stock after the reporting person ceases to be a director.

Key Dates

Keywords

Hasbro, HAS, Lisa Gersh, Director, Stock Units, Insider Transaction, Form 4, Deferred Compensation