Gersh Lisa 4

What Happened

• Lisa Gersh, a non-employee director of Hasbro, received a grant of 783 phantom stock units (derivative award) on 2026-06-30. The units were recorded at $82.59 each for a total reported value of $64,668.
• This was an award/compensation grant (not an open-market purchase or sale). The units are derivative phantom units that convert 1-for-1 into common stock and are payable in common stock after she ceases to be a director.

Key Details

• Transaction date and price: 2026-06-30; 783 units @ $82.59 each; total $64,668.
• Nature of award: Phantom stock units (derivative), acquired under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors.
• Conversion/settlement: Units correspond 1-for-1 with common stock and are settled only in common stock when payable (after the reporting person ceases to be a director).
• Vesting: Most units are immediately vested. 18 units vest the earlier of 12/31/2026 (or death, disability, or retirement after age 75); another 18 units vest the earlier of 12/31/2027 (or death, disability, or retirement after age 75).
• Shares/units owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-07-01 for a 2026-06-30 transaction — appears timely based on the provided dates.

Context

• Phantom stock units are a form of deferred compensation for directors; they are not immediately tradable shares but will be settled in common stock later, typically upon leaving the board. Such grants are routine director compensation and do not necessarily signal a personal market view.