Hasbro (HAS) director Douglas Bowser granted 293 stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bowser Douglas S reported acquisition or exercise transactions in this Form 4 filing.
HASBRO, INC. director Douglas S. Bowser reported a grant of 293 stock units tied to Hasbro common stock. The units were awarded under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3 and correspond 1-for-1 with common shares.
The units will be settled only in common stock after he ceases to be a director. Thirteen units vest on the earlier of 12/31/2026 or his death, disability, or retirement after age 75, another 13 units vest on the earlier of 12/31/2027 or those events, and the remaining units are immediately vested. Following this grant, he holds 293 stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bowser Douglas S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 293 | $93.60 | $27K |
Holdings After Transaction:
Stock Units — 293 shares (Direct)
Footnotes (1)
- All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3. Units correspond 1 for 1 with common stock. Units are settled only in common stock and are payable after the reporting person ceases to be a director. Vesting of 13 units will occur on the earlier of 12/31/2026 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person. Vesting of 13 units will occur on the earlier of 12/31/2027 (provided the reporting person is still a director as of such date) and the death, disability or retirement (after age 75) of the reporting person. The remainder of the units are immediately vested.
Key Figures
Stock units granted: 293 stock units
Implied unit value: $93.60 per unit
Units vesting 12/31/2026: 13 stock units
+2 more
5 metrics
Stock units granted
293 stock units
Grant to director on 2026-03-31
Implied unit value
$93.60 per unit
Reference price for 293 stock units
Units vesting 12/31/2026
13 stock units
Vest earlier of 12/31/2026 or death, disability, or retirement after 75
Units vesting 12/31/2027
13 stock units
Vest earlier of 12/31/2027 or death, disability, or retirement after 75
Post-transaction holdings
293 stock units
Total stock units held directly after grant
Key Terms
Deferred Compensation Plan for Non-Employee Directors, Rule 16b-3, stock units, vesting, +1 more
5 terms
Deferred Compensation Plan for Non-Employee Directors financial
"All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors"
Rule 16b-3 regulatory
"acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
stock units financial
"All of the stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
vesting financial
"Vesting of 13 units will occur on the earlier of 12/31/2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
common stock financial
"Units correspond 1 for 1 with common stock. Units are settled only in common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Douglas S. Bowser acquire in this Hasbro (HAS) Form 4 filing?
Douglas S. Bowser received a grant of 293 stock units linked to Hasbro common stock. These units were awarded as director compensation under Hasbro’s Deferred Compensation Plan for Non-Employee Directors and are treated as derivative securities until settled in common shares.
How are the 293 Hasbro (HAS) stock units for director Douglas S. Bowser structured?
The 293 stock units correspond 1-for-1 with Hasbro common stock and are settled only in common shares. They were granted under the Deferred Compensation Plan for Non-Employee Directors and will be paid after he ceases serving as a director of the company.
When do Douglas S. Bowser’s Hasbro (HAS) stock units vest?
Thirteen units vest on the earlier of December 31, 2026 or his death, disability, or retirement after age 75. Another 13 vest on the earlier of December 31, 2027 or those events, while the remainder of the 293 stock units are immediately vested at grant.
Is the Hasbro (HAS) Form 4 transaction for Douglas S. Bowser a market purchase or sale?
The transaction is a grant of 293 stock units as compensation, not a market purchase or sale. It is classified as an acquisition under code A, meaning a grant, award, or other acquisition rather than an open-market trade in Hasbro shares.
What plan governs Douglas S. Bowser’s stock units in Hasbro (HAS)?
The stock units were acquired under the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors. The filing notes the grant complies with Rule 16b-3, which governs certain insider compensation-related transactions for directors and officers of public companies.
When will Douglas S. Bowser’s Hasbro (HAS) stock units be paid out?
The units are payable only in Hasbro common stock after Douglas S. Bowser ceases to be a director. This means settlement into actual shares occurs upon termination of board service rather than immediately at the time of the grant.