Mattel executive updates holdings after RSU vesting
Mattel Inc. executive Steve Totzke reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Mattel Inc. executive Steve Totzke reported routine equity compensation activity. On April 24, 2026, 20,100 Restricted Stock Units converted into an equal number of Mattel common shares as the second 33% of a 60,910-unit grant vested.
At vesting, 10,227 common shares were automatically withheld to cover required tax withholding, a non-market disposition, leaving 187,340 common shares held directly after these transactions. Totzke also holds 19,098 common shares indirectly in Mattel’s 401(k) Mattel Stock Fund, with a balance of $281,128.60 as of April 27, 2026.
Insider Trade Summary
20,100 shares exercised/converted
Exercise
4 txns
Insider
TOTZKE STEVE
Role
President, Chief Comm Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,100 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,100 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,227 | $14.54 | $149K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 20,710 contracts (Direct);
Common Stock — 187,340 shares (Direct);
Common Stock — 19,098 shares (Indirect, In 401(k))
Footnotes (3)
- F1. As reported on a Form 4 dated April 25, 2024 and filed on April 29, 2024, the Reporting Person received a grant of 60,910 Restricted Stock Units ("RSUs" or "Units") on April 25, 2024. The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On April 24, 2026, the second 33% of these RSUs vested, resulting in the issuance of 20,100 shares of Mattel, Inc. Common Stock.
- F2. Pursuant to the terms of the April 25, 2024 RSU grant, 10,227 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
- F3. As of April 27, 2026, the Reporting Person had a balance of $281,128.60 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
RSU grant size: 60,910 units
RSUs vested: 20,100 shares
Shares withheld for taxes: 10,227 shares
+3 more
6 metrics
RSU grant size
60,910 units
Restricted Stock Units granted on April 25, 2024
RSUs vested
20,100 shares
Second 33% of RSU grant vested on April 24, 2026
Shares withheld for taxes
10,227 shares
Automatic tax withholding at RSU vesting
Direct common shares after transactions
187,340 shares
Common stock held directly following April 24, 2026 events
Indirect 401(k) holdings
19,098 shares
Shares in Mattel Stock Fund of 401(k) plan as of April 27, 2026
Mattel Stock Fund balance
$281,128.60
Value of Mattel Stock Fund holdings in 401(k) as of April 27, 2026
Key Terms
Restricted Stock Units, tax withholding, Mattel Stock Fund, Personal Investment Plan ("PIP"), +1 more
5 terms
Restricted Stock Units financial
"the Reporting Person received a grant of 60,910 Restricted Stock Units ("RSUs" or "Units")"
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.
tax withholding financial
"shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Mattel Stock Fund financial
"a balance of $281,128.60 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan"
Personal Investment Plan ("PIP") financial
"Mattel, Inc.'s 401(k) plan, the Personal Investment Plan ("PIP")"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did Mattel (MAT) executive Steve Totzke report?
Steve Totzke reported RSU vesting that converted 20,100 Restricted Stock Units into common shares. As part of the same event, 10,227 shares were automatically withheld to satisfy tax obligations, and his direct common stock holdings increased on a net basis.
What is the size and schedule of Steve Totzke’s Mattel (MAT) RSU grant?
Steve Totzke received a grant of 60,910 Restricted Stock Units on April 25, 2024. The grant vests 33% on the first anniversary, another 33% on the second, and the remaining 34% on the third, each vesting unit delivering one Mattel common share.
What indirect Mattel (MAT) holdings does Steve Totzke report in the 401(k) plan?
As of April 27, 2026, Steve Totzke had $281,128.60 invested in the Mattel Stock Fund within the company’s 401(k) Personal Investment Plan. This balance corresponds to approximately 19,098 Mattel common shares calculated by the plan’s third-party administrator.
Was Steve Totzke’s Mattel (MAT) Form 4 transaction an open-market sale?
No, the Form 4 shows tax-withholding dispositions, not open-market sales. The 10,227 shares classified under code “F” were automatically withheld to cover required tax liabilities when RSUs vested, rather than being sold at market by the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
