Anschell Jonathan 4

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.