Anschell Jonathan 4
4 · MATTEL INC /DE/ · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Mattel (MAT) EVP Jonathan Anschell Receives RSU Vesting
What Happened
Jonathan Anschell, EVP, Chief Legal Officer & Secretary of Mattel (MAT), had 12,507 restricted stock units (RSUs) vest on April 24, 2026. All 12,507 RSUs converted into common shares; 6,364 of those shares were automatically withheld to cover required tax withholding at $14.54/share (value withheld $92,533). Net shares issued to Anschell after withholding: 6,143. The gross value implied by the $14.54 withholding price is approximately $181,852.
Key Details
- Transaction date: April 24, 2026; Form 4 filed April 28, 2026 (appears to be filed late by one business day).
- Primary action: RSU vesting / conversion to 12,507 common shares (reported as derivative exercise/conversion, code M).
- Tax withholding: 6,364 shares withheld (code F) at $14.54/share = $92,533.
- Net shares received by insider: 6,143 shares.
- Footnote: These shares are the second 33% tranche of a 37,899‑unit RSU grant made April 25, 2024 (vesting schedule: 33%/33%/34% on each anniversary).
- Filing does not state Anschell’s total shares owned after this transaction.
Context
This was an RSU vesting event (an award converting to shares), not an open‑market purchase or voluntary sale. The withholding of shares to satisfy tax obligations is a routine administrative step and does not necessarily signal a sell decision. The Form 4 was filed April 28 for an April 24 transaction, which appears to be late under the two‑business‑day reporting rule.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-24+12,507→ 118,133 total - Tax Payment
Common Stock
[F2]2026-04-24$14.54/sh−6,364$92,533→ 111,769 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-04-24−12,507→ 12,886 total→ Common Stock (12,507 underlying)
Footnotes (2)
- [F1]As reported on a Form 4 dated April 25, 2024 and filed on April 29, 2024, the Reporting Person received a grant of 37,899 Restricted Stock Units ("RSUs" or "Units") on April 25, 2024. The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On April 24, 2026, the second 33% of these RSUs vested, resulting in the issuance of 12,507 shares of Mattel, Inc. Common Stock.
- [F2]Pursuant to the terms of the April 25, 2024 RSU grant, 6,364 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.