Mattel (MAT) director converts 8,594 RSUs into 8,594 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Laursen Soren T reported acquisition or exercise transactions in this Form 4 filing.

Mattel director Soren T. Laursen increased his direct shareholdings through an equity award settlement. On May 15, 2026, 8,594 Restricted Stock Units granted in May 2023 were settled, issuing 8,594 shares of Mattel common stock. Following this RSU settlement, Laursen directly holds 73,224 common shares.

Insider Trade Summary

8,594 shares exercised/converted

Mixed 2 txns

Insider Laursen Soren T

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	8,594	$0.00	--
Exercise	Common Stock	8,594	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 73,224 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs settled: 8,594 units Shares issued from RSUs: 8,594 shares Shares held after transaction: 73,224 shares +2 more

5 metrics

RSUs settled 8,594 units Restricted Stock Units settled into common stock on May 15, 2026

Shares issued from RSUs 8,594 shares Mattel common stock issued upon RSU settlement

Shares held after transaction 73,224 shares Direct Mattel common stock holdings following RSU settlement

Exercise/conversion transactions 1 transaction Derivative exercise/conversion event reported in Form 4

Derivative RSUs remaining from this grant 0 units All 8,594 RSUs from the 2023 grant were settled

Key Terms

Restricted Stock Units, derivative security, Common Stock

3 terms

Restricted Stock Units financial

"the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Common Stock financial

"resulting in the issuance of 8,594 shares of Mattel Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 05:28 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Laursen Soren T

(Last)

(First)

(Middle)

333 CONTINENTAL BOULEVARD

(Street)

EL SEGUNDO

CALIFORNIA

90245

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MATTEL INC /DE/ [ MAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		M		8,594	A	⁽¹⁾	73,224	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/15/2026		M			8,594	⁽¹⁾	⁽¹⁾	Common Stock	8,594	$0	0	D

Explanation of Responses:

1. As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

Remarks:

	/s/ Tiffani Magri, Attorney-in-Fact for Soren T. Laursen	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Mattel (MAT) director Soren Laursen report?

Soren T. Laursen reported the settlement of 8,594 Restricted Stock Units into 8,594 shares of Mattel common stock. This reflects an equity award converting into actual shares, rather than an open-market purchase or sale.

How many Mattel (MAT) shares does Soren Laursen hold after this Form 4?

After the RSU settlement, Soren T. Laursen directly holds 73,224 shares of Mattel common stock. This total reflects his position immediately following the issuance of 8,594 shares from the vested Restricted Stock Units.

Were Soren Laursen’s Mattel (MAT) transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They represent the exercise and settlement of 8,594 Restricted Stock Units into common shares, categorized as derivative exercise/conversion rather than discretionary market trading.

What was the origin of the 8,594 Mattel (MAT) RSUs settled by Soren Laursen?

The 8,594 RSUs were granted to Soren T. Laursen on May 15, 2023 and fully vested on that grant date. They were designed to settle in shares on the third anniversary, leading to issuance of 8,594 common shares on May 15, 2026.

Does Soren Laursen retain any Mattel (MAT) derivative securities after this Form 4?

Based on the disclosed data, Soren T. Laursen’s 8,594 Restricted Stock Units were fully settled into common shares, leaving zero RSUs from this grant outstanding. The derivative summary shows no remaining derivative positions in this filing.