MATTEL INC /DE/·4

Apr 28, 4:38 PM ET

Isaias Zanatta Roberto Jacobo 4

4 · MATTEL INC /DE/ · Filed Apr 28, 2026

Research Summary

AI-generated summary of this filing

Updated

Mattel (MAT) EVP Isaias Zanatta Receives 13,400-Share RSU Vesting

What Happened

Isaias Zanatta, EVP & Chief Supply Chain Officer of Mattel, had the second tranche of RSUs vest on April 24, 2026. 13,400 Restricted Stock Units converted into 13,400 shares of Mattel common stock (approx. gross value $194,836 using the $14.54 share price used for withholding). To cover required tax withholding, 6,818 shares were automatically withheld (reported as disposed) for $99,134, leaving 6,582 net shares issued to Mr. Zanatta.

Key Details

  • Transaction date: April 24, 2026 (reported on Form 4 filed April 28, 2026).
  • Shares vested/converted: 13,400 RSUs -> 13,400 shares.
  • Tax withholding: 6,818 shares withheld at $14.54/share = $99,134.
  • Net shares delivered to insider: 6,582 shares (13,400 − 6,818).
  • Footnotes: The RSUs were from an April 25, 2024 grant of 40,606 RSUs that vest 33%/33%/34% over three anniversaries; the April 24, 2026 event was the second 33% vesting. Withholding was automatic per grant terms.
  • Filing timing: Form 4 was filed Apr 28 for an Apr 24 transaction (filed four days after the vesting date); Form 4s are typically due within two business days.

Context

  • This was an RSU vesting event (award conversion), not an open-market purchase or a voluntary sale. The withholding is a routine "sell-to-cover" for taxes and does not necessarily signal a view on the stock.
  • For retail investors, vesting/withholding events are routine compensation mechanics; purchases or open-market insider buys are generally more indicative of insider conviction.

Insider Transaction Report

Form 4
Period: 2026-04-24
Isaias Zanatta Roberto Jacobo
EVP & Chief Supply Chain Offr
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-04-24+13,400174,429 total
  • Tax Payment

    Common Stock

    [F2]
    2026-04-24$14.54/sh6,818$99,134167,611 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-04-2413,40013,807 total
    Common Stock (13,400 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 40,606 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 13,400 shares of Mattel, Inc. Common Stock.
  • [F2]Pursuant to the terms of the April 25, 2024 RSU grant, 6,818 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Roberto Jacobo Isaias Zanatta|2026-04-28

Documents

1 file
  • 4
    wk-form4_1777408736.xmlPrimary

    FORM 4