FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Austin Matthew Edward
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/18/2023 

3. Issuer Name and Ticker or Trading Symbol

HASBRO, INC. [HAS]
(Last)        (First)        (Middle)

HASBRO, INC., 1027 NEWPORT AVENUE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
EVP & Chief Revenue Officer /
(Street)

PAWTUCKET, RI 02861      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (Par Value $.50 per share) 16581 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) (2)2/18/2023 2/17/2027 Common Stock 7625 $96.79 D  
Stock Option (Right to Buy) (2) (3)2/16/2028 Common Stock 9884 $90.18 D  
Stock Option (Right to Buy) (2) (4)2/24/2029 Common Stock 10124 $94.89 D  
Stock Option (Right to Buy) (2) (5)2/23/2030 Common Stock 48393 $55.78 D  

Explanation of Responses:
(1) The Amount of Securities Beneficially Owned includes 13,430 shares of unvested restricted stock units (?RSUs?). Each RSU represents a contingent right to receive one share of Issuer?s common stock. Dividend equivalent units accrue on certain of such RSUs when and as dividends are paid on Issuer?s common stock. The RSUs vest in 3 equal annual installments on the anniversary date of the grant.
(2) These options were granted under an employee stock option plan in accordance with Rule 16b-3 and have tandem tax withholding rights.
(3) 6,590 of the options are exercisable currently and 3,294 of the options will become exercisable on February 17, 2024 subject to the optionee?s continued employment through those dates.
(4) 3,376 of the options are exercisable currently, 3,374 of the options will become exercisable on February 25, 2024 and 3,374 of the options will become exercisable on February 25, 2025 subject to the optionee?s continued employment through those dates.
(5) 33 1/3% of the options become exercisable on the first anniversary of the date of grant (February 24, 2023) and an additional 33 1/3% of the options become exercisable on each anniversary of the date of grant thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Austin Matthew Edward
HASBRO, INC.
1027 NEWPORT AVENUE
PAWTUCKET, RI 02861


EVP & Chief Revenue Officer

Signatures
Matthew Gilman, P/O/A for Matthew Austin5/26/2023
**Signature of Reporting PersonDate


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 5(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 control number.
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