Form 4: Hasbro Director Richard S. Stoddart Reports Acquisition of Phantom Stock Units

Richard S. Stoddart, Chair of the Board at Hasbro, reports acquiring phantom stock units under the company's deferred compensation plan.

Summary

• Richard S. Stoddart, Chair of the Board at Hasbro, filed a Form 4 detailing changes in beneficial ownership.
• On March 31, 2025, Stoddart acquired 184 phantom stock units under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors.
• These units correspond 1-for-1 with Hasbro common stock and are settled only in cash after Stoddart ceases to be a director.
• The price of the derivative security is $61.49.
• Following the reported transaction, Stoddart beneficially owns 16,331 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating standard corporate governance practices. It's neither overwhelmingly positive nor negative.

Future Outlook

The phantom stock units will be settled in cash after the reporting person ceases to be a director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates participation in a deferred compensation plan, a common practice for non-employee directors.

Stakeholder Impact

• The acquisition of phantom stock units by a director aligns their interests with those of shareholders, as the value of the units is tied to the company's stock performance.

Key Dates

Keywords

Form 4, Hasbro, Richard S. Stoddart, Phantom Stock Units, Deferred Compensation Plan, Beneficial Ownership, Director