Laursen Soren T 4

What Happened

• Soren T. Laursen, a director of Mattel, Inc. (MAT), was granted 11,753 restricted stock units (RSUs) on May 28, 2026. The award is recorded as an acquisition at $0 (derivative grant).
• The RSUs are fully vested on the grant date but are subject to deferred settlement; they convert to one share of Mattel common stock per RSU on the settlement date described below. This is a grant/award (not an open-market purchase or sale).

Key Details

• Transaction date: May 28, 2026; Form 4 filed June 1, 2026. Report lists acquisition price as $0 (derivative RSU grant).
• Shares/units granted: 11,753 RSUs. Total reported acquisition value: $0 (grant).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes:
  • F1: RSUs were granted under the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan and include dividend equivalent rights.
  • F2: RSUs are fully vested at grant but generally will be settled on the third anniversary of the grant (or a later date) under the Mattel Deferred Compensation Plan for Non-Employee Directors; on settlement each RSU converts to one share.
• No late-filing flag was indicated in the information provided.

Context

• This is a derivative award (RSUs) rather than an immediate stock purchase or sale. Although vested, the RSUs are subject to deferred settlement, so Mr. Laursen will not receive shares until the specified settlement date (typically three years after grant) unless the plan provides otherwise. Dividend equivalent rights mean the award accrues value tied to dividends until settlement.