Mattel (MAT) director Julius Genachowski receives 11,753 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mattel director Julius Genachowski received a new equity award in the form of restricted stock units. On May 28, he was granted 11,753 RSUs under Mattel’s Amended and Restated 2010 Equity and Long-Term Compensation Plan, at no cash cost to him.
The RSUs are fully vested on the grant date but are generally scheduled to be settled in shares of Mattel common stock on the third anniversary of the grant, or a later date under the Deferred Compensation Plan for Non-Employee Directors. Each RSU will convert into one share, and this award brings his directly held RSU balance reported in this filing to 11,753 units, which also carry dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GENACHOWSKI JULIUS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,753 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,753 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights. The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.
Key Figures
RSUs granted: 11,753 units
Grant price: $0.00 per unit
Underlying shares: 11,753 shares
+2 more
5 metrics
RSUs granted
11,753 units
Restricted Stock Units granted on May 28, 2026
Grant price
$0.00 per unit
RSUs granted at no cash cost to the director
Underlying shares
11,753 shares
Each RSU converts into one share of Mattel common stock
Holdings after grant
11,753 RSUs
Total directly held RSUs following the reported transaction
Settlement timing
Third anniversary
RSUs generally settled on third anniversary of grant date
Key Terms
Restricted Stock Units, dividend equivalent rights, Amended and Restated 2010 Equity and Long-Term Compensation Plan, Deferred Compensation Plan for Non-Employee Directors
4 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026"
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.
dividend equivalent rights financial
"The RSUs are accompanied by dividend equivalent rights."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Amended and Restated 2010 Equity and Long-Term Compensation Plan financial
"pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended."
Deferred Compensation Plan for Non-Employee Directors financial
"in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors."
FAQ
What did Julius Genachowski report in this Mattel (MAT) Form 4 filing?
Julius Genachowski reported receiving 11,753 restricted stock units from Mattel. These RSUs were granted as part of his director compensation and are fully vested at grant but will be settled in Mattel common stock at a future date.
How many Mattel (MAT) restricted stock units were granted to Julius Genachowski?
Julius Genachowski was granted 11,753 restricted stock units. The award is recorded as a derivative security, with each RSU representing the right to receive one share of Mattel common stock when the units are ultimately settled under plan terms.
Are Julius Genachowski’s Mattel (MAT) RSUs immediately vested?
Yes, the RSUs are fully vested on the date of grant. Although vested, they are not immediately settled; settlement into Mattel common stock occurs later, typically on the third anniversary of the grant, subject to the applicable deferred compensation plan rules.
Do Julius Genachowski’s Mattel (MAT) RSUs include dividend equivalent rights?
Yes, the RSUs are accompanied by dividend equivalent rights. This means that for each RSU, amounts equivalent to dividends on Mattel common stock accrue under the terms of the equity plan, aligning the award more closely with share ownership during the deferral period.
What is Julius Genachowski’s RSU balance in this Mattel (MAT) Form 4?
Following this transaction, Julius Genachowski directly holds 11,753 restricted stock units as reported. These RSUs are fully vested and will entitle him to receive 11,753 shares of Mattel common stock upon settlement, consistent with the plan’s conversion terms.