Mattel (MAT) president reports stock grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mattel, Inc. officer Steve Totzke reported equity transactions involving company common stock. On February 9, 2026, he acquired 65,773 shares of common stock in a grant or award at $0 per share, increasing his directly held stake to 204,176 shares.
On the same date, 26,709 shares were disposed of at $21.54 per share to satisfy required tax withholding, leaving him with 177,467 directly held shares. In addition, he indirectly holds 19,099 shares through Mattel’s 401(k) Personal Investment Plan, tied to a $411,383.78 balance as of February 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TOTZKE STEVE
Role
President, Chief Comm Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 65,773 | $0.00 | -- |
| Tax Withholding | Common Stock | 26,709 | $21.54 | $575K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 204,176 shares (Direct);
Common Stock — 19,099 shares (Indirect, In 401(k))
Footnotes (1)
- Represents shares of Mattel, Inc. Common Stock that were automatically withheld to cover required tax withholding. 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.
FAQ
What insider transactions did Steve Totzke report at Mattel (MAT)?
Steve Totzke reported a grant of 65,773 Mattel common shares at $0 per share and a tax-withholding disposition of 26,709 shares at $21.54 per share, both dated February 9, 2026, affecting his directly held share balance.
Was Steve Totzke’s Mattel (MAT) stock grant an open-market purchase?
No, the 65,773 Mattel shares were reported as a grant, award, or other acquisition at $0 per share, not an open-market purchase. This reflects compensation-related stock awarded to him as President and Chief Commercial Officer rather than shares bought in the market.
How are Steve Totzke’s 401(k) holdings in Mattel (MAT) stock reported?
His 401(k) holdings are reported as 19,099 indirectly owned Mattel shares in the Mattel Stock Fund within the Personal Investment Plan. As of February 10, 2026, this position corresponds to a $411,383.78 balance, with share count calculated by the plan’s third-party administrator.
What is Steve Totzke’s role at Mattel (MAT) associated with this Form 4?
Steve Totzke is identified as an officer of Mattel, serving as President and Chief Commercial Officer. His position explains why he receives stock grants and has reportable equity transactions under Section 16 rules, triggering the requirement to file this Form 4.