Ancira Karen 4
4 · MATTEL INC /DE/ · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Mattel (MAT) EVP Karen Ancira Receives RSU Vesting; Shares Withheld
What Happened
Karen Ancira, EVP & Chief People Officer at Mattel, had 7,573 restricted stock units (RSUs) vest on May 7, 2026. All 7,573 shares were issued on vesting; 2,718 of those shares were automatically withheld to cover tax withholding at $15.00 per share (total $40,770). Net shares delivered to Ancira were 4,855.
Key Details
- Transaction date: May 7, 2026 (reported on Form 4 filed May 11, 2026). Filing appears timely under the two-business-day rule.
- What was reported: conversion/settlement of RSUs (transaction code M) resulting in issuance of 7,573 shares; tax withholding (transaction code F) of 2,718 shares at $15.00 each (total $40,770). Another line shows the derivative conversion reported at $0 (no cash paid on conversion).
- Net shares received: 4,855 (7,573 issued − 2,718 withheld).
- Shares owned after the transaction: not specified in this filing.
- Footnotes: The RSUs were originally granted May 7, 2025 (22,949 total grant); this was the scheduled first-year vesting (33%). Withholding was automatic per the RSU grant terms.
Context
This was a routine RSU vesting event, not an open-market purchase or discretionary sale. The F code (tax withholding) reflects shares retained to satisfy tax obligations rather than a separate market sale decision. For retail investors, RSU vesting signals executive compensation realization but not necessarily a view on the company’s prospects.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-07+7,573→ 18,293 total - Tax Payment
Common Stock
[F2]2026-05-07$15.00/sh−2,718$40,770→ 15,575 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-05-07−7,573→ 15,376 total→ Common Stock (7,573 underlying)
Footnotes (2)
- [F1]As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 22,949 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. 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 May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 7,573 shares of Mattel, Inc. Common Stock.
- [F2]Pursuant to the terms of the May 7, 2025 RSU grant, 2,718 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.