Gersh Lisa 4
Research Summary
AI-generated summary
Hasbro (HAS) Director Lisa Gersh Receives 686 Deferred Stock Units
What Happened
Lisa Gersh, a director of Hasbro, received a grant of 686 deferred stock units (transaction code A) on 2026-03-31. The units are valued at $93.60 each, for a total grant value of $64,210. This was an award under Hasbro’s non-employee director deferred compensation plan (not an open-market purchase).
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (filed timely).
- Price/value: 686 units × $93.60 = $64,210.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes: units were granted under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors (Rule 16b-3 compliant); units convert 1-for-1 to common stock; units are settled only in common stock and are payable after the reporting person ceases to be a director.
- Vesting: 654 units immediately vested; 16 units vest the earlier of 12/31/2026 (or death/disability/retirement after age 75) and 16 units vest the earlier of 12/31/2027 (or death/disability/retirement after age 75).
Context
These are deferred stock units (a derivative award), not current common shares or an open-market buy/sale. The units correspond 1:1 with common stock and will be settled in shares once Gersh leaves the board (per the plan terms). Awards to non-employee directors are typically routine compensation and do not necessarily indicate immediate insider buying or selling intent.