Mattel executive exercises RSUs, shares withheld for tax
Mattel EVP & Chief Supply Chain Officer Isaias Zanatta Roberto Jacobo had 13,400 Restricted Stock Units from an April 25, 2024 grant vest on April 24, 2026, converting into 13,400 shares of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Mattel EVP & Chief Supply Chain Officer Isaias Zanatta Roberto Jacobo had 13,400 Restricted Stock Units from an April 25, 2024 grant vest on April 24, 2026, converting into 13,400 shares of Common Stock. 6,818 shares were automatically withheld to cover tax obligations, and he now directly holds 167,611 shares of Mattel Common Stock.
Insider Trade Summary
13,400 shares exercised/converted
Exercise
3 txns
Insider
Isaias Zanatta Roberto Jacobo
Role
EVP & Chief Supply Chain Offr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,400 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,818 | $14.54 | $99K |
Holdings After Transaction:
Restricted Stock Units — 13,807 contracts (Direct);
Common Stock — 167,611 shares (Direct)
Footnotes (2)
- F1. As reported on a Form 4 dated April 25, 2024 and filed on April 29, 2024, the Reporting Person received a grant of 40,606 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 13,400 shares of Mattel, Inc. Common Stock.
- F2. Pursuant to the terms of the April 25, 2024 RSU grant, 6,818 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
Key Figures
RSUs vested and settled: 13,400 shares
RSU grant size: 40,606 RSUs
Tax-withheld shares: 6,818 shares
+4 more
7 metrics
RSUs vested and settled
13,400 shares
Second 33% tranche of the April 25, 2024 RSU grant vested on April 24, 2026
RSU grant size
40,606 RSUs
Grant received on April 25, 2024, vesting over three years in 33%, 33%, 34% tranches
Tax-withheld shares
6,818 shares
Shares of Mattel Common Stock automatically withheld at vesting to cover required tax withholding
Tax-withholding price
$14.5400 per share
Reported price for the 6,818 shares disposed in a code F tax-withholding transaction
Post-transaction holdings
167,611 shares
Direct Common Stock holdings of Isaias Zanatta Roberto Jacobo after the reported transactions
First and second-year vesting percentage
33%
Portion of RSUs vesting on each of the first and second anniversaries of the April 25, 2024 grant
Third-year vesting percentage
34%
Remaining portion of RSUs vesting on the third anniversary of the April 25, 2024 grant
Key Terms
Restricted Stock Units, tax withholding, derivative security
3 terms
Restricted Stock Units financial
"received a grant of 40,606 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 M described as "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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mattel (MAT) executive Isaias Zanatta Roberto Jacobo report in this Form 4?
He reported the vesting and settlement of 13,400 Restricted Stock Units into Mattel Common Stock on April 24, 2026, from a 40,606 RSU grant awarded on April 25, 2024, along with shares withheld to satisfy tax obligations.
What are the vesting terms of the 40,606 RSUs granted by Mattel (MAT) in 2024?
The April 25, 2024 grant of 40,606 RSUs vests over three years: 33% on the first anniversary, another 33% on the second, and the remaining 34% on the third. On each vesting date, one share of Common Stock is delivered per Unit, subject to tax withholding.
Were the reported Mattel (MAT) transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, meaning the reported RSU vesting, share issuance, and tax withholding transactions were not affirmed as being executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
