Hugh Yoon J. 4
Research Summary
AI-generated summary
Mattel (MAT) SVP Hugh Yoon Receives Award; Shares Withheld for Taxes
What Happened
- Hugh Yoon J., Senior Vice President & Corporate Controller of Mattel (MAT), was awarded 6,976 shares on 2026-02-09 (code A — acquisition/award). Simultaneously, 2,825 shares were surrendered/withheld to satisfy tax withholding obligations at an effective per-share value of $21.54, totaling $60,851 (code F — tax withholding). The award was granted at $0.00 per share (i.e., the shares were received as compensation rather than purchased).
Key Details
- Transaction date: 2026-02-09; Filing date: 2026-02-11 (timely filing).
- Award: 6,976 shares acquired, $0.00 per share.
- Withholding: 2,825 shares withheld at $21.54 per share for taxes, total value ~$60,851.
- Footnote: F1 indicates shares were automatically withheld to cover required tax withholding.
- Shares owned after transaction: not specified in the provided filing.
Context
- This was an equity award (compensation), not an open-market purchase or discretionary sale; the withheld shares represent a routine tax-withholding action rather than a voluntary sale. Such withholdings are common when restricted stock or vested awards are issued.