Mattel (NYSE: MAT) EVP reports RSU vesting with automatic tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mattel EVP & Chief Supply Chain Officer Isaias Zanatta Roberto Jacobo reported routine equity compensation activity involving restricted stock units (RSUs). On May 7, 2026, 17,749 RSUs vested and converted into shares of Mattel common stock, as part of a May 7, 2025 grant that vests in three annual installments.
In connection with this vesting, 9,031 shares of common stock were automatically withheld to cover required tax obligations, which is recorded as a disposition but not an open-market sale. After these transactions, he directly holds 183,473 shares of Mattel common stock and 36,038 RSUs, indicating the filing reflects compensation and tax withholding rather than discretionary share purchases or sales.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trades.
The filing shows Isaias Zanatta Roberto Jacobo having 17,749 restricted stock units vest into Mattel common stock on May 7, 2026, tied to a three-year RSU grant awarded on May 7, 2025. This is standard equity compensation rather than a market-driven trade.
To satisfy required taxes at vesting, 9,031 shares were automatically withheld, coded as a tax-withholding disposition at an indicated value of $15.00 per share. No open-market buying or selling occurred, and the executive’s direct holdings increased to 183,473 shares, with 36,038 RSUs remaining outstanding.
Because these are scheduled vesting and withholding events tied to prior grants, they typically carry limited signaling value about management’s view of the stock. Future filings will continue to reflect remaining RSU tranches vesting according to the grant’s three-year schedule.
Insider Trade Summary
17,749 shares exercised/converted
Mixed
3 txns
Insider
Isaias Zanatta Roberto Jacobo
Role
EVP & Chief Supply Chain Offr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,749 | $0.00 | -- |
| Exercise | Common Stock | 17,749 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,031 | $15.00 | $135K |
Holdings After Transaction:
Restricted Stock Units — 36,038 shares (Direct, null);
Common Stock — 192,504 shares (Direct, null)
Footnotes (1)
- As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 53,787 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. 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 May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 17,749 shares of Mattel, Inc. Common Stock. Pursuant to the terms of the May 7, 2025 RSU grant, 9,031 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
Key Figures
RSUs vested: 17,749 shares
Shares withheld for taxes: 9,031 shares at $15.00
Common shares held after transactions: 183,473 shares
+2 more
5 metrics
RSUs vested
17,749 shares
Restricted Stock Units converting to Mattel common stock on May 7, 2026
Shares withheld for taxes
9,031 shares at $15.00
Automatic tax withholding on RSU vesting
Common shares held after transactions
183,473 shares
Direct Mattel common stock holdings following vesting and withholding
RSUs outstanding after transactions
36,038 units
Remaining restricted stock units reported in the filing
Original RSU grant size
53,787 units
RSU grant awarded on May 7, 2025 with three-year vesting
Key Terms
Restricted Stock Units, tax withholding, derivative security, Form 4, +1 more
5 terms
Restricted Stock Units financial
"the Reporting Person received a grant of 53,787 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.
derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vesting financial
"On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 17,749 shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Mattel (MAT) report for Isaias Zanatta Roberto Jacobo?
Mattel reported that EVP & Chief Supply Chain Officer Isaias Zanatta Roberto Jacobo had 17,749 restricted stock units vest into common shares, with 9,031 shares automatically withheld to cover taxes. These events reflect routine equity compensation activity, not open-market buying or selling of Mattel stock.
Was the Mattel (MAT) Form 4 a stock sale or routine RSU vesting?
The Form 4 reflects routine RSU vesting with tax withholding, not an open-market stock sale. 17,749 RSUs converted into common shares, and 9,031 shares were withheld for taxes. The withholding is recorded as a disposition but represents tax payment, not a discretionary sale in the market.
What RSU grant is referenced in Mattel (MAT) EVP Jacobo’s Form 4 filing?
The filing references a 53,787-unit RSU grant awarded on May 7, 2025. This grant vests 33% on each of the first and second anniversaries and 34% on the third. On May 7, 2026, the first 33% tranche vested, issuing 17,749 Mattel common shares, subject to tax withholding.
Did Mattel (MAT) EVP Jacobo use a Rule 10b5-1 plan for these transactions?
The disclosed transactions arise from scheduled RSU vesting and automatic tax withholding under the grant terms. The footnotes describe the vesting schedule and tax withholding mechanics but do not mention any Rule 10b5-1 trading plan, emphasizing this as routine compensation rather than discretionary trading activity.
How is the tax withholding in the Mattel (MAT) Form 4 reflected?
Tax withholding is shown as a disposition of 9,031 Mattel common shares at an indicated value of $15.00 per share. These shares were automatically withheld at the time of RSU vesting to satisfy required tax obligations, rather than being sold by the executive in the open market.