Mattel SVP settles RSUs, shares withheld for taxes
Mattel executive reports routine RSU vesting and tax withholding.
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Form Type
4
Rhea-AI Filing Summary
Mattel executive reports routine RSU vesting and tax withholding. On April 28, 2026, SVP & Corporate Controller J. Hugh Yoon received 4,408 shares of Mattel common stock upon vesting of previously granted Restricted Stock Units. Of these, 1,582 shares were automatically withheld to cover required tax obligations, and no open-market sale occurred.
After these transactions, Yoon directly held 35,865 shares of Mattel common stock. The filing reflects compensation-related equity settlement rather than discretionary buying or selling of shares.
Insider Trade Summary
4,408 shares exercised/converted
Exercise
3 txns
Insider
Hugh Yoon J.
Role
SVP & Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,408 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,408 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,582 | $14.79 | $23K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 35,865 shares (Direct)
Footnotes (2)
- F1. As reported on a Form 4 dated April 28, 2023 and filed on May 2, 2023, the Reporting Person received a grant of 12,963 Restricted Stock Units ("RSUs" or "Units") on April 28, 2023. The RSUs vested 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 received one share of Mattel, Inc. Common Stock, subject to tax withholding. On April 28, 2026, the final 34% of these RSUs vested, resulting in the issuance of 4,408 shares of Mattel, Inc. Common Stock.
- F2. Pursuant to the terms of the April 28, 2023 RSU grant, 1,582 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
Key Figures
RSUs vested: 4,408 shares
Shares withheld for taxes: 1,582 shares
Shares held after transactions: 37,447 shares
+1 more
4 metrics
RSUs vested
4,408 shares
Final 34% of April 28, 2023 RSU grant vested on April 28, 2026
Shares withheld for taxes
1,582 shares
Automatically withheld at vesting to cover required tax withholding
Shares held after transactions
37,447 shares
Direct Mattel common stock holdings following April 28, 2026 transactions
Form 4 tax-withholding price
$14.79 per share
Reference price applied to 1,582 shares withheld for tax obligations
Key Terms
Restricted Stock Units, tax withholding, derivative security, Form 4
4 terms
Restricted Stock Units financial
"the Reporting Person received a grant of 12,963 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
"On each vesting date, for each Unit vesting on such date, the Reporting Person received one share ... subject to 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 28, 2023 and filed on May 2, 2023"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Mattel (MAT) report for J. Hugh Yoon?
Mattel reported that SVP & Corporate Controller J. Hugh Yoon had 4,408 Restricted Stock Units vest into common shares, with 1,582 shares automatically withheld to cover taxes. These actions are compensation-related, not open-market stock purchases or sales.
What do the M and F transaction codes mean in Mattel (MAT) insider filings?
In this Form 4, code M indicates the exercise or conversion of derivative securities, here Restricted Stock Units vesting into 4,408 common shares. Code F indicates 1,582 shares were automatically withheld to satisfy required tax liabilities at the time of vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
