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Mattel (MAT) director granted 11,753 fully vested RSUs as equity pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mattel director Soren T. Laursen received a grant of 11,753 Restricted Stock Units (RSUs) on May 28, 2026 under Mattel’s Amended and Restated 2010 Equity and Long-Term Compensation Plan. The RSUs are compensation-related, carry a zero grant price, and include dividend equivalent rights.

The RSUs are fully vested on the grant date and are generally scheduled to be settled in Mattel common stock on the third anniversary of the grant, or a later date under the Deferred Compensation Plan for Non-Employee Directors. Each RSU will convert into one share of common stock upon settlement.

Positive

  • None.

Negative

  • None.
Insider Laursen Soren T
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 11,753 $0.00 --
Holdings After Transaction: Restricted Stock Units — 11,753 shares (Direct, null)
Footnotes (1)
  1. The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights. The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.
RSUs granted 11,753 units Grant to director Soren T. Laursen on May 28, 2026
Grant price per RSU $0.00 per unit Compensation-related equity award
Underlying common shares 11,753 shares One Mattel common share for each vested RSU at settlement
Total derivative holdings after grant 11,753 RSUs Total RSUs held following this reported transaction
Derivative transactions reported 1 transaction Single RSU grant on this Form 4
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan"
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.
dividend equivalent rights financial
"The RSUs are accompanied by dividend equivalent rights."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Amended and Restated 2010 Equity and Long-Term Compensation Plan financial
"granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended."
Deferred Compensation Plan for Non-Employee Directors financial
"or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Laursen Soren T

(Last)(First)(Middle)
333 CONTINENTAL BOULEVARD

(Street)
EL SEGUNDO CALIFORNIA 90245

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MATTEL INC /DE/ [ MAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/28/2026A11,753 (2) (2)Common Stock11,753$011,753D
Explanation of Responses:
1. The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.
2. The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.
Remarks:
/s/ Tiffani Magri, Attorney-in-Fact for Soren T. Laursen06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Mattel (MAT) report for Soren T. Laursen?

Mattel reported that director Soren T. Laursen received a grant of 11,753 Restricted Stock Units as equity compensation. The award was made on May 28, 2026 under Mattel’s Amended and Restated 2010 Equity and Long-Term Compensation Plan for non-employee directors.

Are the 11,753 Mattel (MAT) RSUs granted to Soren Laursen immediately vested?

Yes, the 11,753 Restricted Stock Units granted to Soren Laursen are fully vested on the grant date. Although vested immediately, these RSUs are generally scheduled to be settled in shares of Mattel common stock on the third anniversary of the May 28, 2026 grant.

When will Soren Laursen’s Mattel (MAT) RSUs convert into common stock?

Soren Laursen’s vested RSUs are generally settled on the third anniversary of the May 28, 2026 grant date. On the settlement date, each vested Restricted Stock Unit converts into one share of Mattel common stock, subject to timing rules in the Deferred Compensation Plan for Non-Employee Directors.

Do the Mattel (MAT) RSUs granted to Soren Laursen include dividend equivalent rights?

Yes, the 11,753 Restricted Stock Units granted to Soren Laursen are accompanied by dividend equivalent rights. These rights typically mirror cash dividends on Mattel common stock, accumulating alongside the RSUs in accordance with the terms of Mattel’s equity and long-term compensation plan.

Is Soren Laursen’s Mattel (MAT) Form 4 transaction an open-market purchase or sale?

The Form 4 transaction is not an open-market trade; it is a compensation-related grant. Soren Laursen received 11,753 Restricted Stock Units at a stated price of $0.00 per unit as part of Mattel’s equity and long-term incentive compensation program for non-employee directors.