KILPIN TIMOTHY J. 4

What Happened
Timothy J. Kilpin, President, Toy, Licensing & Entertainment at Hasbro, had 5,939 shares of Hasbro common stock disposed (withheld) on May 17, 2026 to satisfy tax withholding related to vested restricted stock units (RSUs). The shares were valued at $95.13 each for proceeds of approximately $564,977. This was a share-withholding (tax payment) transaction, not an open-market sale.

Key Details

• Transaction date: 2026-05-17; filing date (Form 4): 2026-05-19 (timely filed).
• Disposal: 5,939 shares at $95.13 per share; total ≈ $564,977. (Transaction code F = tax withholding.)
• Reason: Payment of tax withholding in connection with vesting of the third tranche (33 1/3%) of RSUs granted May 17, 2023 (Footnote F1).
• Adjustment: Total was adjusted for 889 accrued dividend equivalents that converted into shares upon vesting and are included in the reported amount (Footnote F2).
• Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for "Owned Following Reported Transaction."

Context
This was a routine withholding of shares to cover tax obligations when executive RSUs vested (a common administrative transaction). Such transactions are typically not read as a signal of buy/sell intent in the market since they arise from compensation settlement rather than discretionary selling.