Form 4: Hasbro Director Richard Stoddart Reports Stock Unit Acquisition
Insider Transaction Report
Richard S. Stoddart, a Director at Hasbro, Inc., reported the acquisition of 144 phantom stock units under the company's Deferred Compensation Plan for Non-Employee Directors.
Summary
- Richard S. Stoddart, a Director and Chair of the Board at Hasbro, Inc., acquired 144 phantom stock units on June 30, 2026.
- These units were acquired under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors.
- The phantom stock units are equivalent to common stock on a one-for-one basis.
- Settlement of these units will occur in common stock after Mr. Stoddart ceases to be a director.
- The acquisition price for these units was $82.59 per share.
- Following this transaction, Mr. Stoddart beneficially owns 17,049 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation transaction for a director and does not indicate significant new financial performance or strategic shifts.
Positives
- Director Richard Stoddart continues to hold a significant beneficial ownership in Hasbro, Inc., with 17,049 shares directly owned after the transaction.
- The acquisition of phantom stock units demonstrates continued alignment of director compensation with shareholder interests.
- The transaction was made in compliance with Rule 16b-3, indicating adherence to regulatory requirements for insider transactions.
Future Outlook
Phantom stock units are settled in common stock after the reporting person ceases to be a director, indicating a long-term commitment and future shareholding.
Industry Context
StockSavvy.ai notes that this Form 4 filing is a routine disclosure for executive and director compensation plans, common across the toy and entertainment industry, reflecting standard practices for aligning insider interests with shareholder value through equity-based awards.
Stakeholder Impact
- Shareholders: The transaction reinforces the alignment of director compensation with shareholder interests through equity-based awards.
- Management: The filing is a standard disclosure, indicating adherence to regulatory requirements.
- Employees: The compensation structure for directors is a component of overall corporate governance.
Next Steps
- Settlement of phantom stock units in common stock upon Mr. Stoddart ceasing to be a director.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Date of earliest transaction and acquisition of phantom stock units. |
| 07/02/2026 | Date of signature for the filing. |
Keywords
Hasbro, SEC Form 4, Insider Trading, Stock Units, Deferred Compensation, Director Compensation, Beneficial Ownership, Richard Stoddart
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