OSTROFF DAWN 4
4 · MATTEL INC /DE/ · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Mattel (MAT) Director Dawn Ostroff Receives RSU Award
What Happened
Dawn Ostroff, a director of Mattel, Inc. (MAT), was granted 11,753 restricted stock units (RSUs) on May 28, 2026. The Form 4 reports the grant as a derivative award with an acquisition price of $0 (no cash paid). The RSUs are fully vested at grant but are generally settled in common stock on the third anniversary of the grant (or later) under Mattel’s Deferred Compensation Plan for Non-Employee Directors; each vested RSU converts to one share upon settlement.
Key Details
- Transaction date: 2026-05-28
- Filing date (Form 4): 2026-06-01
- Transaction type: Award / Grant of RSUs (derivative)
- Amount: 11,753 RSUs
- Reported price/value at grant: $0 (no cash exchanged)
- Vesting/settlement: RSUs are fully vested at grant; settlement generally on the 3rd anniversary (per footnote)
- Dividend equivalents: RSUs include dividend equivalent rights (per footnote)
- Shares owned after transaction: Not disclosed in this filing
- Timeliness: Form filed June 1 covering the May 28 grant; the filing does not indicate a late report
Context
RSUs are a deferred-compensation award that will convert into common shares on the settlement date; because settlement is delayed, this grant does not immediately change Ostroff’s share count or voting power. Grants to non-employee directors are common as board compensation and are not the same as an open‑market purchase (which some investors view as a stronger bullish signal).
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-28+11,753→ 11,753 total→ Common Stock (11,753 underlying)
Footnotes (2)
- [F1]The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.
- [F2]The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.