Hasbro Insider Alan Hassenfeld Maintains Significant Stake

Ticker: HAS · Form: SC 13G/A · Filed: 2024-02-06T00:00:00.000Z

Sentiment: neutral

Topics: insider-ownership, amendment, passive-investing

TL;DR

**Long-time Hasbro insider Alan Hassenfeld is still holding a big chunk of stock, signaling confidence.**

AI Summary

Alan G. Hassenfeld, a former CEO and current director emeritus of Hasbro, Inc., filed an amended SC 13G/A on February 6, 2024, indicating his beneficial ownership of Hasbro's Common Stock as of December 31, 2023. This filing, Amendment No. 46, updates his previous disclosures, confirming his continued significant stake in the company. This matters to investors because Hassenfeld is a long-standing insider, and his sustained ownership signals confidence in Hasbro's long-term prospects, potentially influencing investor sentiment.

Why It Matters

This filing shows that a key insider, Alan G. Hassenfeld, continues to hold a substantial position in Hasbro, which can be interpreted as a vote of confidence in the company's future by someone with deep knowledge.

Risk Assessment

Risk Level: low — This filing is an update from a long-term insider, not a new or aggressive position, indicating stability rather than immediate risk.

Analyst Insight

Investors should note the continued insider ownership by Alan G. Hassenfeld as a sign of stability, but this filing alone doesn't suggest immediate buying or selling action. It's a routine update of a long-standing position.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934. Specifically, it is Amendment No. 46.

Who is the reporting person in this SC 13G/A filing?

The reporting person is Alan G. Hassenfeld, identified by CIK 0000916371.

What is the subject company of this filing?

The subject company, or Issuer, is Hasbro, Inc., with CIK 0000046080.

What is the CUSIP number for the class of securities reported?

The CUSIP number for the Common Stock, Par Value $.50 Per Share, of Hasbro, Inc. is 418 056 10 7.

What was the date of the event that required this filing?

The date of the event which required the filing of this statement was December 31, 2023.

Filing Stats: 1,039 words · 4 min read · ~3 pages · Grade level 7.8 · Accepted 2024-02-06 12:19:19

Filing Documents

(a) Name of Issuer

Item 1(a) Name of Issuer ---------------- Hasbro, Inc.

(b) Address of Issuer's Principal Executive Offices

Item 1(b) Address of Issuer's Principal Executive Offices ----------------------------------------------- 1027 Newport Avenue, Pawtucket , RI 02861

(a) Name of Person Filing

Item 2(a) Name of Person Filing ---------------------- Alan G. Hassenfeld

(b) Address of Principal Business Office or, if none, Residence

Item 2(b) Address of Principal Business Office or, if none, Residence ------------------------------------------------- co Hassenfeld Family Initiatives LLC 101 Dyer Street Suite 401 Providence, Rhode Island02903

(c) Citizenship

Item 2(c) Citizenship ---------------------- United States

(d) Title of Class of Securities

Item 2(d) Title of Class of Securities ----------------------------- Common Stock, Par Value $.50 Per Share

(e) CUSIP Number

Item 2(e) CUSIP Number ------------- 418 056 10 7 Item 3 If this statement is filed pursuant to section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a ------------------------------------------------------- Not applicable

Ownership

Item 4. Ownership ---------- (a) Amount Beneficially Owned 7,482,226 (b) Percent of Class 5.39% CUSIP No. 418 056 10 7 Schedule 13GA Page 4 of 7 Pages ---------------------------------------------------------------- (c) Number of shares as to which the person has (i) sole power to vote or to direct the vote..........................7,186,035* (ii) shared power to vote or to direct the vote..........................296,191** (iii) sole power to dispose or to direct the disposition of............... 5,028,204*** (iv) shared power to dispose or to direct the disposition of................2,454,022**** --------- *Includes (a) An aggregate of 2,157,831 shares held by the Alan G. Hassenfeld TR UA 53174, Ellen H. Block TR UA 53174, Laurie Block TR 10P UA 53174, Michael Block TR 10P UA 53174, Susan Casdin TR 10P UA 53174 and Alan G. Hassenfeld TR UA 21968 of which trusts Mr. Hassenfeld is a trustee and has sole voting power (b) 5,023,585 shares held by five trusts for the benefit of Alan Hassenfeld , for all of which Mr. Hassenfeld is sole trustee and (c) 4,619 shares held directly by Alan Hassenfeld. **Consists of 296,191 shares owned by The Hassenfeld Foundation, of which Mr. Hassenfeld is one of the officers and directors. ***Includes just (b) and(c) from * ****Includes (a) 2,157,831 shares held by the Alan G. Hassenfeld TR UA 53174, Ellen H. Block TR UA 53174, Laurie Block TR 10P UA 53174, Michael Block TR 10P UA 53174, Susan Casdin TR 10P UA 53174 and Alan G. Hassenfeld TR UA 21968 of which trusts Mr. Hassenfeld is a trustee and shares dispositive power and(b) 296,191 shares owned by The Hassenfeld Foundation, of which Mr. Hassenfeld is one of the officers and directors. Mr. Hassenfeld disclaims beneficial ownership of all shares except to the extent of his proportionate pecuniary interest therein.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class --------------------------------------------- Not Applicable CUSIP No. 418 056 10 7 Schedule 13GA Page 5 of 7 Pages ----------------------------------------------------------------

Ownership of More than Five Percent on Behalf

Item 6. Ownership of More than Five Percent on Behalf of Another Person ------------------ An aggregate of 2,157,831 shares of Common Stock are held by Mr. Hassenfeld, as one the trustees of the following trusts the Alan G. Hassenfeld TR UA 53174, Ellen H. Block TR UA 53174, Laurie Block TR 10P UA 53174, Michael Block TR 10P UA 53174, Susan Casdin TR 10P UA 53174 and Alan G. Hassenfeld TR UA 21968. An aggregate of 296,191 shares of Common Stock are held by The Hassenfeld Foundation, a charitable foundation. All assets of The Hassenfeld Foundation are devoted to the charitable purposes of the Foundation. Mr. Hassenfeld disclaims beneficial ownership of the shares described in this Item 6 except to the extent of any proportionate pecuniary interest therein. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person ----------------------------------------------------- Not Applicable CUSIP No. 418 056 10 7 Schedule 13GA Page 6 of 7 Pages ----------------------------------------------------------------

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group --------------------------------------------------- Not Applicable

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group ------------------------------- Not Applicable

Certification

Item 10. Certification -------------- Not Applicable CUSIP No. 418 056 10 7 Schedule 13GA Page 7 of 7 Pages ---------------------------------------------------------------- Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 6, 2024 ________________________ Date s Alan G. Hassenfeld ________________________ Signature Alan G. Hassenfeld ________________________ Name

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