Ancira Karen 4

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.