Form 4: Mattel CEO Ynon Kreiz Awarded 155,221 Restricted Stock Units

Mattel's CEO, Ynon Kreiz, received 155,221 Restricted Stock Units (RSUs) on May 7, 2025, according to a recent SEC filing.

Summary

• Ynon Kreiz, the Chairman & CEO of Mattel Inc., was granted 155,221 Restricted Stock Units (RSUs) on May 7, 2025.
• These RSUs were awarded under the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan.
• Each RSU represents a contingent right to receive one share of Mattel, Inc. Common Stock, or a cash amount equal to the fair market value of such share at Mattel's election.
• The RSUs vest in three tranches: 33% on the first anniversary of the grant date, 33% on the second anniversary, and the remaining 34% on the third anniversary.
• Upon vesting, the Reporting Person will receive one share of Mattel, Inc. Common Stock (or cash equivalent) for each vested Unit, subject to tax withholding.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects standard executive compensation practices, aligning management interests with shareholders. The vesting schedule promotes long-term commitment.

Positives

• The grant of RSUs aligns the CEO's interests with those of the shareholders, incentivizing long-term performance.
• The vesting schedule encourages continued service and commitment from the CEO over the next three years.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Equity compensation is a common practice for aligning executive incentives with shareholder value in publicly traded companies like Mattel.

Comparison to Industry Standards

• Granting restricted stock units (RSUs) to CEOs is a standard practice among publicly traded companies to incentivize performance and align executive compensation with shareholder value.
• Companies like Hasbro and Jakks Pacific also utilize equity-based compensation for their executives.
• The vesting schedule of the RSUs (33%, 33%, 34% over three years) is a typical vesting structure seen in many executive compensation packages.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the CEO to drive long-term value.
• Employees may see the grant as a sign of confidence in the company's leadership and future prospects.

Key Dates

Keywords

Mattel, Ynon Kreiz, Restricted Stock Units, RSUs, Equity Compensation, SEC Filing, Form 4, Chairman & CEO, Stock Options, Vesting