Olian Judy D. 4

What Happened

• Judy D. Olian, a director of Mattel, had 8,594 restricted stock units (RSUs) settle on May 15, 2026. The settlement converted the RSUs into 8,594 shares of Mattel common stock. The Form 4 shows the derivative conversion (code M) and no cash proceeds — this was a vesting/settlement event, not an open-market sale or purchase.

Key Details

• Transaction date: May 15, 2026 (reported on Form 4 filed May 19, 2026).
• Reported entries: Acquisition/settlement of 8,594 shares (derivative conversion); a corresponding derivative disposal entry at $0.00 reflects the conversion/settlement (no cash received).
• Price/value: Not reported in the filing (shares issued on settlement; no sale proceeds recorded).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: These 8,594 RSUs were granted May 15, 2023, fully vested on the grant date, and were scheduled to be settled on the third anniversary (May 15, 2026), which is when the shares were issued.
• Timeliness: Form 4 was filed May 19, 2026, four days after the transaction date; Form 4s are normally due within two business days, so this filing may be outside the typical reporting window.

Context

• This was a scheduled RSU settlement (compensation-related issuance), not a purchase or sale in the open market. Such vesting/settlement transactions are routine compensation events and do not by themselves indicate buying or selling sentiment.