KILPIN TIMOTHY J. 4

What Happened
Timothy J. Kilpin, President, Toy, Lic & Ent at Hasbro (HAS), was issued 14,152 performance shares on Feb 20, 2026 (award reported at $0.00). To satisfy tax withholding on the earned award, 4,963 shares were surrendered at $101.19 per share for a withholding value of $502,206. Net of withholding, Kilpin retained approximately 9,189 shares from the award (roughly $930k at the $101.19 price); the gross award value implied by that share price was about $1.43M.

Key Details

• Transaction dates: Award and withholding both dated 2026-02-20; Form 4 filed 2026-02-24 (timely).
• Award: 14,152 shares granted (code A) at $0.00.
• Tax withholding: 4,963 shares disposed (code F) at $101.19 for $502,206.
• Net shares retained from award: 14,152 − 4,963 = 9,189 shares (approximate).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes: F1 — shares earned under a May 17, 2023 performance share award contingent on three‑year financial goals; F2 — withholding represents share surrender to cover tax liability.

Context
This was a performance-share award being settled and a routine share-withholding for taxes (not an open-market sale). Such withholding (code F) is administrative and does not necessarily reflect a change in insider sentiment. The filing appears to be timely relative to the Feb 20, 2026 transaction date.