Mattel (MAT) awards 13,619 RSUs to SVP & corporate controller
Rhea-AI Filing Summary
Hugh Yoon J. reported acquisition or exercise transactions in this Form 4 filing.
Mattel, Inc. reported that SVP & Corporate Controller Hugh Yoon J. received a grant of 13,619 Restricted Stock Units (RSUs) on May 1, 2026 under the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan.
Each RSU represents a contingent right to receive one share of Mattel common stock, or at Mattel’s election a cash amount equal to the share’s fair market value at vesting, subject to tax withholding. The RSUs vest 33% on the first anniversary of the grant date, an additional 33% on the second anniversary, and the remaining 34% on the third anniversary, making this a multi‑year, stock‑based compensation award rather than an open‑market transaction.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,619 | $0.00 | -- |
Footnotes (1)
- The Restricted Stock Units ("RSUs" or "Units") were granted on May 1, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to receive one share of Mattel, Inc. Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share). 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 (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of one share of Common Stock on the date of vesting), subject to tax withholding.