Ancira Karen 4

What Happened

• Karen Ancira, EVP & Chief People Officer of Mattel, had 16,695 restricted stock units (RSUs) vest on May 29, 2026. The vesting resulted in the issuance/conversion of 16,695 shares of Mattel common stock.
• To cover required tax withholding, 5,991 of those shares were surrendered/withheld at a reported withholding value of $14.94 per share, totaling $89,506. Net shares delivered to Ancira = 10,704 (16,695 vested − 5,991 withheld).
• The filing shows the RSU derivative being converted/settled (code M) and tax withholding (code F); no open‑market sale of additional shares was reported.

Key Details

• Transaction date: May 29, 2026; Filing date: June 2, 2026 (timely).
• Shares vested/issued: 16,695 RSU shares; shares withheld for taxes: 5,991 at $14.94/share = $89,506.
• Net shares received by insider: 10,704.
• Footnotes: These shares are the second‑year tranche (33%) of a 50,590 RSU grant made May 31, 2024 that vests over three years. Withholding was automatic per grant terms.
• Shares owned after the transaction: Not reported in this filing.

Context

• This was a routine RSU vesting event (grant conversion), not an open‑market purchase or discretionary sale. The withholding of shares to satisfy tax obligations is common and does not necessarily signal a change in insider sentiment.