Hasbro, Inc. DEF 14A Filing
Ticker: HAS · Form: DEF 14A · Filed: 2024-04-03T00:00:00.000Z
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Hasbro, Corporate Governance, Shareholder Meeting
TL;DR
<b>Hasbro, Inc. filed its DEF 14A proxy statement on April 3, 2024.</b>
AI Summary
HASBRO, INC. (HAS) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. Hasbro, Inc. filed a DEF 14A form on April 3, 2024. The filing covers the period ending May 16, 2024. The company's fiscal year ends on December 29. Hasbro, Inc. is incorporated in Rhode Island. The SIC code for the company is 3944 (Games, Toys & Children's Vehicles).
Why It Matters
For investors and stakeholders tracking HASBRO, INC., this filing contains several important signals. This filing is a routine proxy statement, providing shareholders with information for upcoming meetings and votes. It details executive compensation, board member information, and other corporate governance matters relevant to shareholders.
Risk Assessment
Risk Level: low — HASBRO, INC. shows low risk based on this filing. The filing is a standard DEF 14A, which is a routine disclosure and does not contain new material financial information or significant strategic shifts.
Analyst Insight
Shareholders should review the proxy statement for details on executive compensation, board nominations, and voting matters.
Key Numbers
- 2024-04-03 — Filing Date (DEF 14A filing date)
- 2024-05-16 — Period of Report (Conformed period of report)
- 1229 — Fiscal Year End (Fiscal year end)
- 3944 — SIC Code (Standard Industrial Classification)
Key Players & Entities
- HASBRO, INC. (company) — FILER
- PAWTUCKET (company) — CITY
- RI (company) — STATE OF INCORPORATION
- 1934 Act (regulator) — SEC ACT
- 001-06682 (regulator) — SEC FILE NUMBER
- 24816850 (dollar_amount) — FILM NUMBER
FAQ
When did HASBRO, INC. file this DEF 14A?
HASBRO, INC. filed this Proxy Statement (DEF 14A) with the SEC on April 3, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by HASBRO, INC. (HAS).
Where can I read the original DEF 14A filing from HASBRO, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by HASBRO, INC..
What are the key takeaways from HASBRO, INC.'s DEF 14A?
HASBRO, INC. filed this DEF 14A on April 3, 2024. Key takeaways: Hasbro, Inc. filed a DEF 14A form on April 3, 2024.. The filing covers the period ending May 16, 2024.. The company's fiscal year ends on December 29..
Is HASBRO, INC. a risky investment based on this filing?
Based on this DEF 14A, HASBRO, INC. presents a relatively low-risk profile. The filing is a standard DEF 14A, which is a routine disclosure and does not contain new material financial information or significant strategic shifts.
What should investors do after reading HASBRO, INC.'s DEF 14A?
Shareholders should review the proxy statement for details on executive compensation, board nominations, and voting matters. The overall sentiment from this filing is neutral.
How does HASBRO, INC. compare to its industry peers?
Hasbro operates in the Games, Toys & Children's Vehicles industry.
Are there regulatory concerns for HASBRO, INC.?
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information to shareholders.
Industry Context
Hasbro operates in the Games, Toys & Children's Vehicles industry.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information to shareholders.
What Investors Should Do
- Review executive compensation details provided in the filing.
- Examine board member nominations and qualifications.
- Understand the proposals to be voted on at the shareholder meeting.
Key Dates
- 2024-04-03: Filing Date — Filed the DEF 14A proxy statement.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings in terms of new financial data or strategic direction.
Filing Stats: 4,419 words · 18 min read · ~15 pages · Grade level 14.7 · Accepted 2024-04-03 07:31:26
Key Financial Figures
- $750 million — so increased our cost-savings target to $750 million annually by the end of 2025 as a result
- $1 billion — rately disclosed brands with revenue of $1 billion or greater, currently MAGIC: THE GATHER
Filing Documents
- d814749ddef14a.htm (DEF 14A) — 2093KB
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- 0001193125-24-085438.txt ( ) — 12707KB
- has-20231231.xsd (EX-101.SCH) — 6KB
- has-20231231_def.xml (EX-101.DEF) — 7KB
- has-20231231_lab.xml (EX-101.LAB) — 10KB
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Executive Compensation Philosophy and Objectives
Executive Compensation Philosophy and Objectives 32 Compensation Process 33
Executive Compensation Program Elements
Executive Compensation Program Elements 35 Other Compensation Considerations 45
Executive Compensation
Executive Compensation 47 Summary Compensation Table 47 Grants of Plan-Based Awards 50 Outstanding Equity Awards at Fiscal Year-End 51 Option Exercises and Stock Vested 53 Retirement Plan Annual Benefits and Payments 54 Non-Qualified Deferred Compensation and Other Deferred Compensation 55 Potential Payments Upon Termination or Change in Control 57 Agreements and Arrangements Providing Post-Employment and Change in Control Benefits 59 SHAREHOLDER ADVISORY VOTE ON COMPENSATION FOR NAMED EXECUTIVE OFFICERS (Proposal 2) 69 PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2024 FISCAL YEAR (Proposal 3) 70 REPORT OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS 71 ADDITIONAL INFORMATION REGARDING INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 74 PROPOSAL TO APPROVE AMENDMENTS TO THE RESTATED 2003 STOCK INCENTIVE PERFORMANCE PLAN (Proposal 4) 76 VOTING SECURITIES AND PRINCIPAL HOLDERS THEREOF 85 EQUITY COMPENSATION PLANS 88 1 Table of Contents DELINQUENT SECTION 16(a) REPORTS 89 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 89 QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE ANNUAL MEETING 90 ADDITIONAL INFORMATION 94 APPENDICES APPENDIXA—GAAPTONON-GAAPRECONCILIATION A-1 APPENDIXB—STANDARDSFORDIRECTORINDEPENDENCE B-1 APPENDIXC—FOURTHAMENDMENTTORESTATED2003STOCKINCENTIVEPERFORMANCEPLAN,ASAMENDED C-1 APPENDIXD—2003RESTATEDSTOCKINCENTIVEPERFORMANCEPLAN,ASAMENDED D-1 2 Table of Contents In this Proxy Statement, the terms "Hasbro," "the Company," "we," and "our" refer to Hasbro, Inc., and the terms "Board" and "Board of Directors" refer to the Board of Directors of Hasbro, Inc. Unless otherwise stated, information presented in this Proxy Statement is based on Hasbro's fiscal year. This Proxy Statement includes website addresses and references to additional materials found on those websites. The