Bowser Douglas S 4

What Happened

Douglas S. Bowser, a director of Hasbro, received a grant of 419 deferred stock units (derivative award) on 2026-06-30, valued at $82.59 per unit for a total value of $34,605. This grant was made under Hasbro’s Deferred Compensation Plan for Non-Employee Directors; the units correspond 1:1 with common stock but are settled only in common stock and are payable after he ceases to be a director.

Key Details

• Transaction type: Award/Grant (derivative units), reported with code "A".
• Date and valuation: 2026-06-30, 419 units at $82.59 each (total $34,605).
• Vesting: Most units were immediately vested; 18 units vest on the earlier of 12/31/2026 (if still a director) or death/disability/retirement (after age 75), and another 18 units vest on the earlier of 12/31/2027 (or death/disability/retirement after age 75).
• Settlement: Units are convertible 1-for-1 to common stock but will be paid only in common stock after the reporting person leaves the board (no immediate share issuance).
• Plan/legal: Acquired pursuant to the Hasbro Deferred Compensation Plan for Non-Employee Directors, in compliance with Rule 16b-3.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed 2026-07-01 for a 2026-06-30 transaction — appears timely.

Context

This was a standard director compensation award (deferred stock units), not an open-market purchase or sale. Because the units are deferred and settled only upon cessation of service, the grant does not represent immediate ownership of tradable shares. Such grants are routine for non-employee directors and are primarily a form of compensation rather than a direct signal of insider trading intent.