MATTEL INC /DE/·4

May 5, 4:42 PM ET

Ancira Karen 4

Research Summary

AI-generated summary

Updated

Mattel (MAT) EVP Karen Ancira Receives RSU Award

What Happened Karen Ancira, Executive Vice President and Chief People Officer of Mattel, received a grant of 29,303 restricted stock units (RSUs) on May 1, 2026. The RSUs were granted at $0.00 (standard for awards) and represent a contingent right to receive one share of Mattel common stock (or cash at Mattel’s election) upon vesting. This is an equity award (not a purchase or sale) and is typically part of compensation.

Key Details

  • Transaction date and price: May 1, 2026; 29,303 RSUs granted; acquisition price reported as $0.00 (award).
  • Vesting: RSUs vest 33% on the first anniversary, 33% on the second, and 34% on the third anniversary of the grant (subject to the Plan and tax withholding).
  • Settlement: Each Unit converts to one share of common stock or, at Mattel’s election, cash equal to the share’s fair market value on vesting.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Form 4 filed May 5, 2026 — appears timely (within the usual two business-day reporting window).

Context This is a standard long-term incentive award under Mattel’s Amended and Restated 2010 Equity and Long-Term Compensation Plan. As an award (derivative grant) it does not reflect an open-market purchase or sale; RSU grants are common for executive compensation and only convert to actual shares (or cash) if and when they vest.