Anschell Jonathan 4

What Happened

• Jonathan Anschell, Executive Vice President, Chief Legal Officer & Secretary of Mattel, had 14,673 Restricted Stock Units (RSUs) vest on May 7, 2026. The vesting resulted in issuance/conversion of 14,673 shares of Mattel common stock.
• To cover required tax withholding, 7,466 of those shares were automatically withheld at $15.00 per share, generating $111,990 in tax withholding proceeds. No open-market sale of shares was reported.

Key Details

• Transaction date: May 7, 2026; Form filed: May 11, 2026 (timely filing).
• Shares issued on vesting: 14,673 common shares.
• Shares withheld for taxes (code F): 7,466 shares at $15.00 per share = $111,990.
• Transaction types reported: M (exercise/conversion of derivative — RSU conversion to stock) and F (shares withheld to satisfy tax withholding).
• Shares owned following the transactions: not specified in this filing.
• Footnotes: The RSUs were part of a May 7, 2025 grant of 44,464 RSUs that vest 33%/33%/34% over three years; the first 33% vested on May 7, 2026 (14,673 shares), and 7,466 shares were automatically withheld per the grant terms to cover taxes.

Context

• This was an award/vesting event (conversion of RSUs) rather than an open‑market purchase or voluntary sale. The withholding of shares to pay taxes is a routine, administrative disposition and not an indicator of a market sale by the insider.
• For retail investors, RSU vesting is common compensation; purchases are generally more informative as a bullish signal, while vesting/withholding is standard compensation administration.