Mattel (MAT) EVP boosts holdings as 13,400 RSUs vest, shares withheld for tax
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. On April 24, 2026, 13,400 Restricted Stock Units vested, converting into the same number of Mattel common shares. To cover taxes, 6,818 shares were automatically withheld, a non-market disposition. After these transactions, he directly holds 174,429 shares of common stock and 13,807 RSUs, indicating a net increase in his equity stake through vesting rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,400 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 | 13,400 | $0.00 | -- |
| Exercise | Common Stock | 13,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,818 | $14.54 | $99K |
Holdings After Transaction:
Restricted Stock Units — 13,807 shares (Direct, null);
Common Stock — 174,429 shares (Direct, null)
Footnotes (1)
- 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. 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: 13,400 units
Shares withheld for taxes: 6,818 shares
Common shares held after: 174,429 shares
+3 more
6 metrics
RSUs vested
13,400 units
Second 33% tranche of April 25, 2024 grant vested on April 24, 2026
Shares withheld for taxes
6,818 shares
Automatic tax withholding upon RSU vesting on April 24, 2026
Common shares held after
174,429 shares
Direct Mattel common stock holdings following the reported transactions
RSUs held after
13,807 units
Remaining Restricted Stock Units position after the vesting event
Tax withholding reference price
$14.54 per share
Price used to value 6,818 shares withheld for tax obligations
Original RSU grant size
40,606 units
Grant awarded April 25, 2024, vesting over three annual tranches
Key Terms
Restricted Stock Units, tax withholding, derivative security, Form 4
4 terms
Restricted Stock Units financial
"the Reporting Person received a grant of 40,606 Restricted Stock Units ("RSUs" or "Units") on April 25, 2024"
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 April 25, 2024 and filed on April 29, 2024"
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.
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 13,400 Restricted Stock Units vest into common shares, with 6,818 shares withheld to cover taxes. These are compensation-related events, not open-market stock purchases or sales.
What triggered the Mattel (MAT) RSU vesting reported in this Form 4?
The vesting stems from a grant of 40,606 RSUs awarded on April 25, 2024. The grant vests in three annual tranches of 33%, 33%, and 34%. On April 24, 2026, the second 33% tranche vested, issuing 13,400 shares of Mattel common stock.
Is the Mattel (MAT) Form 4 transaction a strong bullish or bearish signal?
The filing reflects routine compensation events: RSUs vesting and shares withheld for taxes. There are no open-market buys or sales, so the transactions primarily update the executive’s holdings rather than signaling a change in sentiment toward Mattel stock.