Form 4: Mattel CFO Anthony DiSilvestro Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Mattel's CFO, Anthony DiSilvestro, reports the vesting of restricted stock units (RSUs) and subsequent tax withholding, resulting in changes to his beneficial ownership of company stock.
Summary
- On April 28, 2024, Anthony DiSilvestro, CFO of Mattel Inc., had 18,906 restricted stock units (RSUs) vest, resulting in the issuance of 18,906 shares of Mattel common stock.
- 8,431 shares were withheld to cover tax obligations related to the vesting of the RSUs on April 28, 2024, at a price of $18.36 per share.
- On April 29, 2024, an additional 12,726 RSUs vested, resulting in the issuance of 12,726 shares of Mattel common stock.
- 5,612 shares were withheld to cover tax obligations related to the vesting of the RSUs on April 29, 2024, at a price of $18.49 per share.
- Following these transactions, DiSilvestro directly owns 181,236 shares of Mattel common stock and 13,112 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.
Stakeholder Impact
- Shareholders may be interested in tracking insider transactions, but the impact of these specific transactions is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 04/29/2022 | Reporting Person received a grant of 38,564 RSUs |
| 04/28/2023 | Reporting Person received a grant of 57,292 Restricted Stock Units |
| 04/28/2024 | 18,906 Restricted Stock Units vested and 8,431 shares were withheld for tax obligations. |
| 04/29/2024 | 12,726 Restricted Stock Units vested and 5,612 shares were withheld for tax obligations. |
| 04/30/2024 | Date of signature for the Form 4 filing. |
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