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STOCK TITAN

[Form 4] Hasbro, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

On 30 June 2025, Group President Todd Burrowes filed a Form 4 reporting an option exercise and immediate sale of Darden Restaurants (DRI) shares. He exercised 13,569 stock-option shares at an exercise price of $78.84 and sold the same number at a weighted-average price of $216.4493, realising an estimated pre-tax gain of about $1.9 million. The option, originally granted in July 2020 and fully vested by July 2024, now has zero remaining balance. Following the transaction, Burrowes still directly owns 46,326.616 shares, partly accumulated through the Employee Stock Purchase Plan and its dividend-reinvestment feature. No Rule 10b5-1 trading plan was noted. The filing represents routine insider portfolio management and is not expected to have a material impact on Darden’s operations or capital structure.

Il 30 giugno 2025, il Presidente del Gruppo Todd Burrowes ha depositato un Modulo 4 segnalando un esercizio di opzioni e vendita immediata di azioni di Darden Restaurants (DRI). Ha esercitato 13.569 azioni derivanti da stock option a un prezzo di esercizio di $78,84 e ha venduto lo stesso numero di azioni a un prezzo medio ponderato di $216,4493, realizzando un guadagno lordo stimato di circa $1,9 milioni. L’opzione, originariamente concessa nel luglio 2020 e completamente maturata entro luglio 2024, ora non ha più alcun saldo residuo. Dopo la transazione, Burrowes possiede ancora direttamente 46.326,616 azioni, accumulate in parte tramite il Piano di Acquisto Azionario per Dipendenti e la funzione di reinvestimento dei dividendi. Non è stato segnalato alcun piano di trading ai sensi della Regola 10b5-1. La comunicazione rappresenta una normale gestione del portafoglio interno e non dovrebbe avere un impatto significativo sulle operazioni o sulla struttura del capitale di Darden.

El 30 de junio de 2025, el Presidente del Grupo Todd Burrowes presentó un Formulario 4 informando sobre un ejercicio de opción y venta inmediata de acciones de Darden Restaurants (DRI). Ejerció 13.569 acciones de opciones sobre acciones a un precio de ejercicio de $78,84 y vendió el mismo número a un precio promedio ponderado de $216,4493, obteniendo una ganancia antes de impuestos estimada de aproximadamente $1,9 millones. La opción, originalmente otorgada en julio de 2020 y totalmente adquirida para julio de 2024, ahora no tiene saldo restante. Tras la transacción, Burrowes aún posee directamente 46.326,616 acciones, acumuladas en parte mediante el Plan de Compra de Acciones para Empleados y su función de reinversión de dividendos. No se observó ningún plan de negociación bajo la Regla 10b5-1. La presentación representa una gestión rutinaria del portafolio interno y no se espera que tenga un impacto material en las operaciones o estructura de capital de Darden.

2025ë…� 6ì›� 30ì�, 그룹 사장 Todd Burrowesê°€ Darden Restaurants(DRI) 주ì‹ì—� 대í•� 옵션 행사 ë°� 즉시 매ë„ë¥� 보고하는 Form 4ë¥� 제출했습니다. 그는 13,569ì£� 스톡옵션ì� 행사했으ë©� 행사 ê°€ê²©ì€ $78.84였ê³�, ë™ì¼í•� 수량ì� ê°€ì¤� í‰ê·  ê°€ê²� $216.4493ì—� 매ë„하여 ì•� $190ë§�ì� 세전 ì´ìµì� 실현했습니다. ì� ì˜µì…˜ì€ 2020ë…� 7ì›”ì— ë¶€ì—¬ë˜ì–� 2024ë…� 7월까지 완전íž� 권리가 확정ë˜ì—ˆìœ¼ë©° 현재 잔여 ì˜µì…˜ì€ 0ì£�입니ë‹�. 거래 í›� BurrowesëŠ� ì§ì› ì£¼ì‹ êµ¬ë§¤ ê³„íš ë°� 배당ê¸� 재투ìž� 기능ì� 통해 부분ì ìœ¼ë¡œ ì¶•ì í•� 46,326.616ì£�ë¥� ì§ì ‘ 보유하고 있습니다. 10b5-1 규칙ì—� 따른 거래 계íšì€ ë³´ê³ ë˜ì§€ 않았습니ë‹�. ì´ë²ˆ ë³´ê³ ëŠ� ì¼ìƒì ì¸ ë‚´ë¶€ìž� í¬íЏí´ë¦¬ì˜� ê´€ë¦¬ì— í•´ë‹¹í•˜ë©° Dardenì� ìš´ì˜ì´ë‚˜ ìžë³¸ 구조ì—� 중대í•� ì˜í–¥ì� 미칠 것으ë¡� 예ìƒë˜ì§€ 않습니다.

Le 30 juin 2025, le Président du Groupe Todd Burrowes a déposé un formulaire 4 signalant un exercice d’option et une vente immédiate d’actions de Darden Restaurants (DRI). Il a exercé 13 569 options d’achat d’actions à un prix d’exercice de 78,84 $ et vendu le même nombre d’actions à un prix moyen pondéré de 216,4493 $, réalisant un gain brut estimé à environ 1,9 million de dollars. L’option, initialement accordée en juillet 2020 et entièrement acquise en juillet 2024, n’a désormais plus de solde restant. Après la transaction, Burrowes détient encore directement 46 326,616 actions, en partie accumulées via le Plan d’Achat d’Actions des Employés et sa fonctionnalité de réinvestissement des dividendes. Aucun plan de trading selon la règle 10b5-1 n’a été noté. Ce dépôt représente une gestion courante du portefeuille d’initiés et ne devrait pas avoir d’impact significatif sur les opérations ou la structure du capital de Darden.

Am 30. Juni 2025 reichte der Konzernpräsident Todd Burrowes ein Formular 4 ein, in dem er die Ausübung von Optionen und den sofortigen Verkauf von Aktien der Darden Restaurants (DRI) meldete. Er übte 13.569 Aktienoptionen zu einem Ausübungspreis von 78,84 $ aus und verkaufte dieselbe Anzahl zu einem gewichteten Durchschnittspreis von 216,4493 $, wodurch er einen geschätzten Vorsteuergewinn von etwa 1,9 Millionen $ erzielte. Die Option, die ursprünglich im Juli 2020 gewährt und bis Juli 2024 vollständig unverfallbar war, hat nun einen Restbestand von null. Nach der Transaktion besitzt Burrowes weiterhin direkt 46.326,616 Aktien, die teilweise durch den Mitarbeiter-Aktienkaufplan und dessen Dividenden-Reinvestitionsfunktion angesammelt wurden. Ein Handelsplan gemäß Regel 10b5-1 wurde nicht vermerkt. Die Meldung stellt eine routinemäßige Verwaltung des Insider-Portfolios dar und wird voraussichtlich keine wesentlichen Auswirkungen auf die Geschäftstätigkeit oder Kapitalstruktur von Darden haben.

Positive
  • Executive still holds 46,326.616 shares, maintaining significant ownership alignment with shareholders.
Negative
  • Insider sold 13,569 shares (~$2 m) without a disclosed 10b5-1 plan, which can be interpreted as a short-term bearish signal.

Insights

TL;DR � Routine option exercise; modest insider sale, minimal impact on valuation.

The transaction is a standard cashless exercise: Burrowes converts in-the-money options granted at $78.84 into stock, then immediately liquidates at ~$216.45. The gross spread of ~$138/share is consistent with DRI’s appreciation over the grant period. Post-sale ownership of 46.3 k shares (�$10 m) indicates continued alignment with shareholders, limiting negative signalling. Given Darden’s �$19 bn market cap and average daily volume of ~900 k shares, the 13.6 k-share sale is immaterial (<0.02 % of float) and unlikely to affect liquidity or price trend.

TL;DR � Insider monetisation could be viewed cautiously but retains sizeable stake.

Executives frequently diversify wealth via option exercises; however, investors often watch timing. The absence of a disclosed 10b5-1 plan means the trade was discretionary, which can be perceived as a mild negative signal regarding near-term price expectations. Mitigating factors include: 1) Burrowes still holds >46 k shares; 2) option was nearing mid-term life, so exercising meets prudent risk management. Overall governance impact is limited but worth monitoring if additional sales follow.

Il 30 giugno 2025, il Presidente del Gruppo Todd Burrowes ha depositato un Modulo 4 segnalando un esercizio di opzioni e vendita immediata di azioni di Darden Restaurants (DRI). Ha esercitato 13.569 azioni derivanti da stock option a un prezzo di esercizio di $78,84 e ha venduto lo stesso numero di azioni a un prezzo medio ponderato di $216,4493, realizzando un guadagno lordo stimato di circa $1,9 milioni. L’opzione, originariamente concessa nel luglio 2020 e completamente maturata entro luglio 2024, ora non ha più alcun saldo residuo. Dopo la transazione, Burrowes possiede ancora direttamente 46.326,616 azioni, accumulate in parte tramite il Piano di Acquisto Azionario per Dipendenti e la funzione di reinvestimento dei dividendi. Non è stato segnalato alcun piano di trading ai sensi della Regola 10b5-1. La comunicazione rappresenta una normale gestione del portafoglio interno e non dovrebbe avere un impatto significativo sulle operazioni o sulla struttura del capitale di Darden.

El 30 de junio de 2025, el Presidente del Grupo Todd Burrowes presentó un Formulario 4 informando sobre un ejercicio de opción y venta inmediata de acciones de Darden Restaurants (DRI). Ejerció 13.569 acciones de opciones sobre acciones a un precio de ejercicio de $78,84 y vendió el mismo número a un precio promedio ponderado de $216,4493, obteniendo una ganancia antes de impuestos estimada de aproximadamente $1,9 millones. La opción, originalmente otorgada en julio de 2020 y totalmente adquirida para julio de 2024, ahora no tiene saldo restante. Tras la transacción, Burrowes aún posee directamente 46.326,616 acciones, acumuladas en parte mediante el Plan de Compra de Acciones para Empleados y su función de reinversión de dividendos. No se observó ningún plan de negociación bajo la Regla 10b5-1. La presentación representa una gestión rutinaria del portafolio interno y no se espera que tenga un impacto material en las operaciones o estructura de capital de Darden.

2025ë…� 6ì›� 30ì�, 그룹 사장 Todd Burrowesê°€ Darden Restaurants(DRI) 주ì‹ì—� 대í•� 옵션 행사 ë°� 즉시 매ë„ë¥� 보고하는 Form 4ë¥� 제출했습니다. 그는 13,569ì£� 스톡옵션ì� 행사했으ë©� 행사 ê°€ê²©ì€ $78.84였ê³�, ë™ì¼í•� 수량ì� ê°€ì¤� í‰ê·  ê°€ê²� $216.4493ì—� 매ë„하여 ì•� $190ë§�ì� 세전 ì´ìµì� 실현했습니다. ì� ì˜µì…˜ì€ 2020ë…� 7ì›”ì— ë¶€ì—¬ë˜ì–� 2024ë…� 7월까지 완전íž� 권리가 확정ë˜ì—ˆìœ¼ë©° 현재 잔여 ì˜µì…˜ì€ 0ì£�입니ë‹�. 거래 í›� BurrowesëŠ� ì§ì› ì£¼ì‹ êµ¬ë§¤ ê³„íš ë°� 배당ê¸� 재투ìž� 기능ì� 통해 부분ì ìœ¼ë¡œ ì¶•ì í•� 46,326.616ì£�ë¥� ì§ì ‘ 보유하고 있습니다. 10b5-1 규칙ì—� 따른 거래 계íšì€ ë³´ê³ ë˜ì§€ 않았습니ë‹�. ì´ë²ˆ ë³´ê³ ëŠ� ì¼ìƒì ì¸ ë‚´ë¶€ìž� í¬íЏí´ë¦¬ì˜� ê´€ë¦¬ì— í•´ë‹¹í•˜ë©° Dardenì� ìš´ì˜ì´ë‚˜ ìžë³¸ 구조ì—� 중대í•� ì˜í–¥ì� 미칠 것으ë¡� 예ìƒë˜ì§€ 않습니다.

Le 30 juin 2025, le Président du Groupe Todd Burrowes a déposé un formulaire 4 signalant un exercice d’option et une vente immédiate d’actions de Darden Restaurants (DRI). Il a exercé 13 569 options d’achat d’actions à un prix d’exercice de 78,84 $ et vendu le même nombre d’actions à un prix moyen pondéré de 216,4493 $, réalisant un gain brut estimé à environ 1,9 million de dollars. L’option, initialement accordée en juillet 2020 et entièrement acquise en juillet 2024, n’a désormais plus de solde restant. Après la transaction, Burrowes détient encore directement 46 326,616 actions, en partie accumulées via le Plan d’Achat d’Actions des Employés et sa fonctionnalité de réinvestissement des dividendes. Aucun plan de trading selon la règle 10b5-1 n’a été noté. Ce dépôt représente une gestion courante du portefeuille d’initiés et ne devrait pas avoir d’impact significatif sur les opérations ou la structure du capital de Darden.

Am 30. Juni 2025 reichte der Konzernpräsident Todd Burrowes ein Formular 4 ein, in dem er die Ausübung von Optionen und den sofortigen Verkauf von Aktien der Darden Restaurants (DRI) meldete. Er übte 13.569 Aktienoptionen zu einem Ausübungspreis von 78,84 $ aus und verkaufte dieselbe Anzahl zu einem gewichteten Durchschnittspreis von 216,4493 $, wodurch er einen geschätzten Vorsteuergewinn von etwa 1,9 Millionen $ erzielte. Die Option, die ursprünglich im Juli 2020 gewährt und bis Juli 2024 vollständig unverfallbar war, hat nun einen Restbestand von null. Nach der Transaktion besitzt Burrowes weiterhin direkt 46.326,616 Aktien, die teilweise durch den Mitarbeiter-Aktienkaufplan und dessen Dividenden-Reinvestitionsfunktion angesammelt wurden. Ein Handelsplan gemäß Regel 10b5-1 wurde nicht vermerkt. Die Meldung stellt eine routinemäßige Verwaltung des Insider-Portfolios dar und wird voraussichtlich keine wesentlichen Auswirkungen auf die Geschäftstätigkeit oder Kapitalstruktur von Darden haben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stoddart Richard S

(Last) (First) (Middle)
C/O HASBRO, INC.
1027 NEWPORT AVENUE

(Street)
PAWTUCKET RI 02861

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HASBRO, INC. [ HAS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Chair of the Board
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units(1) $0(2) 06/30/2025 A 155 (3) (3) Common Stock 155 $73.82 16,486 D
Explanation of Responses:
1. All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in compliance with Rule 16b-3.
2. Units correspond 1 for 1 with common stock.
3. Units are settled only in cash and are payable after the reporting person ceases to be a director.
Remarks:
Matthew Gilman, P/O/A for Richard S. Stoddart 07/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many DRI shares did Todd Burrowes sell on 30-Jun-2025?

He sold 13,569 common shares after exercising options.

What price did the Darden insider receive for the shares?

The weighted-average sale price was $216.4493 per share.

What was the option exercise price in the Form 4 filing?

The options were exercised at $78.84 per share.

How many DRI shares does Burrowes own after the transaction?

He directly owns 46,326.616 shares following the sale.

Does the filing mention a Rule 10b5-1 trading plan?

No; the Form 4 does not indicate that the sale was under a 10b5-1 plan.

When does the underlying option grant expire?

The option had an expiration date of 29-Jul-2030, but the reported tranche is now fully exercised.
Hasbro Inc

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10.13B
131.72M
6.02%
90.97%
3.87%
Leisure
Games, Toys & Children's Vehicles (no Dolls & Bicycles)
United States
PAWTUCKET