Anschell Jonathan 4

What Happened
Jonathan Anschell, EVP, Chief Legal Officer & Secretary of Mattel, was granted 51,909 restricted stock units (RSUs) on May 1, 2026. The Form 4 reports an acquisition (award) of 51,909 derivative units at $0.00 — RSUs are a contingent right to receive one share of Mattel common stock (or, at the company's election, cash) upon vesting, so no cash purchase occurred at grant.

Key Details

• Transaction date and filing: Grant date 2026-05-01; Form 4 filed 2026-05-05 (timely per Form 4 rules).
• Award size and price: 51,909 RSUs granted; reported price $0.00 (award/derivative).
• Vesting schedule: 33% on the 1st anniversary, 33% on the 2nd anniversary, and 34% on the 3rd anniversary of the grant date (subject to tax withholding).
• Plan and instrument: Granted under the Mattel, Inc. Amended and Restated 2010 Equity and Long‑Term Compensation Plan; each RSU represents a contingent right to one share (or cash).
• Shares owned after transaction: Not specified in this Form 4.
• Filing timeliness: Filing appears timely (filed within required business-day window).

Context
This was an equity compensation grant (award), not an open‑market purchase or sale. RSUs convey future economic interest if and when they vest; they do not represent immediate transferable stock. Such grants are a common part of executive compensation and do not, by themselves, signal a buy or sell decision by the insider.