Mattel (MAT) awards 65,773 shares to executive, withholds 26,709 for taxes
Rhea-AI Filing Summary
Mattel executive Steve Totzke, President and Chief Commercial Officer, received a 65,773-share grant of common stock on February 9, 2026. On the same date, 26,709 shares were automatically withheld at $21.54 per share to cover taxes. He now holds 177,467 shares directly and 19,099 shares in a 401(k) plan, with that plan position valued at $411,383.78 as of February 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39,064 shares
Net Buy
3 txns
Insider
TOTZKE STEVE
Role
President, Chief Comm Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 65,773 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 26,709 | $21.54 | $575K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 177,467 shares (Direct);
Common Stock — 19,099 shares (Indirect, In 401(k))
Footnotes (2)
- F1. Represents shares of Mattel, Inc. Common Stock that were automatically withheld to cover required tax withholding.
- F2. As of February 10, 2026, the Reporting Person had a balance of $411,383.78 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan, the Personal Investment Plan ("PIP"). The number of shares has been calculated by the third-party administrator for the PIP.
Key Figures
Stock grant: 65,773 shares
Tax-withheld shares: 26,709 shares
Tax-withholding price: $21.54 per share
+3 more
6 metrics
Stock grant
65,773 shares
Common stock grant to Steve Totzke on February 9, 2026
Tax-withheld shares
26,709 shares
Shares automatically withheld to cover tax obligations at $21.54 per share
Tax-withholding price
$21.54 per share
Value used for the 26,709 shares withheld for taxes
Direct holdings after transactions
177,467 shares
Post-transaction direct ownership of Mattel common stock
401(k) plan shares
19,099 shares
Indirect holdings in Mattel Stock Fund within the 401(k) plan
401(k) stock fund balance
$411,383.78
Value of Mattel Stock Fund position in the Personal Investment Plan as of February 10, 2026
Key Terms
tax-withholding disposition, 401(k) plan, Personal Investment Plan ("PIP"), Mattel Stock Fund
4 terms
tax-withholding disposition financial
"automatically withheld to cover required tax withholding"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) plan financial
"balance of $411,383.78 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Personal Investment Plan ("PIP") financial
"Mattel, Inc.'s 401(k) plan, the Personal Investment Plan ("PIP")"
Mattel Stock Fund financial
"balance of $411,383.78 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan"
FAQ
What insider transaction did Steve Totzke report for Mattel (MAT)?
Steve Totzke reported a grant of 65,773 shares of Mattel common stock on February 9, 2026. On the same date, 26,709 shares were withheld to cover tax obligations, resulting in updated direct and 401(k) holdings reported in the filing.
Who is the insider involved in this Mattel (MAT) Form 4 and what is his role?
The reporting insider is Steve Totzke, who serves as Mattel’s President and Chief Commercial Officer. The Form 4 details his stock grant, related tax-withholding shares, and his resulting direct and 401(k) holdings in Mattel common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
