Mattel, Inc. (MAT) — Form 144 filing: Individual filer Anthony Disilvestro has notified the SEC of an intent to sell 25,462 Mattel common shares through Fidelity Brokerage Services on or about 22 Jul 2025. Using the stated aggregate market value of $510,362.80, the indicated reference price is roughly $20.05 per share. Mattel reports 322.9 million shares outstanding, so the proposed sale represents approximately 0.008 % of shares outstanding.
The shares derive from an employee stock option granted on 28 Apr 2023 and exercised for cash on the same expected sale date (22 Jul 2025). The filing also discloses that the same seller disposed of 362,704 shares on 16 May 2025, generating $7,288,806.96 in gross proceeds. No relationship to the issuer is specified in the filing, and no adverse information about the company is affirmed by the signer.
Quantitatively the proposed transaction is immaterial to Mattel’s capital structure; however, it flags continued insider‐level selling within a three-month window, information some investors monitor for sentiment cues.