=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-28
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: HASBRO, INC. (HAS)
CIK: 0000046080
--- Reporting Owner ---
Name: KILPIN TIMOTHY J.
CIK: 0001512785
Role: Officer (President, Toy, Lic & Ent)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock (Par Value $.50 per share)
Date: 2026-07-28 | Code: M (Exercise of derivative)
Shares: +10,000 | Price: $61.71
Total Value: $617,100.00
Shares Owned After: 64,229 | Ownership: D (Direct)
Footnotes:
[F1] The number of securities reported in Column 5 as beneficially owned following the transactions reported on this form reflect a correction to the reporting person's total beneficial ownership. An amendment filed on April 4, 2025 corrected the reporting person's total beneficial ownership as of that date, but that corrected total was not carried forward into the reporting person's Form 4 filings for the period between the date of the amendment and this filing. Accordingly, the amount reported in Column 5 of this form reflects the correct total beneficial ownership since the April 4, 2025 amendment, together with additional shares issued upon vesting of previously accrued DEUs. The total beneficial ownership number also includes 21,480 shares subject to currently unvested RSUs.
[Transaction #2]
Security: Common Stock (Par Value $.50 per share)
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -10,000 | Price: $92.00
Total Value: $920,000.00
Shares Owned After: 54,229 | Ownership: D (Direct)
Footnotes:
[F1] The number of securities reported in Column 5 as beneficially owned following the transactions reported on this form reflect a correction to the reporting person's total beneficial ownership. An amendment filed on April 4, 2025 corrected the reporting person's total beneficial ownership as of that date, but that corrected total was not carried forward into the reporting person's Form 4 filings for the period between the date of the amendment and this filing. Accordingly, the amount reported in Column 5 of this form reflects the correct total beneficial ownership since the April 4, 2025 amendment, together with additional shares issued upon vesting of previously accrued DEUs. The total beneficial ownership number also includes 21,480 shares subject to currently unvested RSUs.
[Transaction #3]
Security: Common Stock (Par Value $.50 per share)
Date: 2026-07-28 | Code: M (Exercise of derivative)
Shares: +10,000 | Price: $61.71
Total Value: $617,100.00
Shares Owned After: 64,229 | Ownership: D (Direct)
Footnotes:
[F1] The number of securities reported in Column 5 as beneficially owned following the transactions reported on this form reflect a correction to the reporting person's total beneficial ownership. An amendment filed on April 4, 2025 corrected the reporting person's total beneficial ownership as of that date, but that corrected total was not carried forward into the reporting person's Form 4 filings for the period between the date of the amendment and this filing. Accordingly, the amount reported in Column 5 of this form reflects the correct total beneficial ownership since the April 4, 2025 amendment, together with additional shares issued upon vesting of previously accrued DEUs. The total beneficial ownership number also includes 21,480 shares subject to currently unvested RSUs.
[Transaction #4]
Security: Common Stock (Par Value $.50 per share)
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -10,000 | Price: $94.25
Total Value: $942,450.00
Shares Owned After: 54,229 | Ownership: D (Direct)
Footnotes:
[F1] The number of securities reported in Column 5 as beneficially owned following the transactions reported on this form reflect a correction to the reporting person's total beneficial ownership. An amendment filed on April 4, 2025 corrected the reporting person's total beneficial ownership as of that date, but that corrected total was not carried forward into the reporting person's Form 4 filings for the period between the date of the amendment and this filing. Accordingly, the amount reported in Column 5 of this form reflects the correct total beneficial ownership since the April 4, 2025 amendment, together with additional shares issued upon vesting of previously accrued DEUs. The total beneficial ownership number also includes 21,480 shares subject to currently unvested RSUs.
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Option (Right to Buy)
Date: 2026-07-28 | Code: M (Exercise of derivative)
Shares: -20,000 | Price: $61.71
Exercisable: N/A | Expires: 2030-05-16
Shares Owned After: 14,436 | Ownership: D (Direct)
Footnotes:
[F2] These options were granted under an employee stock option plan in accordance with Rule 16b-3 and have tandem tax withholding rights.
[F3] 33 1/3% of the options became exercisable on each of May 17, 2024, May 17, 2025 and May 17, 2026.
--- Footnotes (Complete Index) ---
F1: The number of securities reported in Column 5 as beneficially owned following the transactions reported on this form reflect a correction to the reporting person's total beneficial ownership. An amendment filed on April 4, 2025 corrected the reporting person's total beneficial ownership as of that date, but that corrected total was not carried forward into the reporting person's Form 4 filings for the period between the date of the amendment and this filing. Accordingly, the amount reported in Column 5 of this form reflects the correct total beneficial ownership since the April 4, 2025 amendment, together with additional shares issued upon vesting of previously accrued DEUs. The total beneficial ownership number also includes 21,480 shares subject to currently unvested RSUs.
F2: These options were granted under an employee stock option plan in accordance with Rule 16b-3 and have tandem tax withholding rights.
F3: 33 1/3% of the options became exercisable on each of May 17, 2024, May 17, 2025 and May 17, 2026.
--- Signature ---
/s/ Matthew Gilman, P/O/A for Timothy J. Kilpin (2026-07-28)
