Form 4: Mattel CFO Anthony DiSilvestro Reports Stock Transactions Following RSU Vesting

Mattel's CFO, Anthony DiSilvestro, reports the vesting of restricted stock units and subsequent stock transactions, including shares withheld for tax obligations.

Summary

• On April 25, 2025, Anthony DiSilvestro, the CFO of Mattel Inc., had 22,333 restricted stock units (RSUs) vest, resulting in the issuance of 22,333 shares of Mattel common stock.
• Following the vesting, 10,094 shares were automatically withheld to cover tax obligations at a price of $15.68 per share.
• After these transactions, DiSilvestro directly owns 211,913 shares of Mattel common stock.
• The transactions were reported on a Form 4 filed with the SEC on April 29, 2025.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Mattel.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time to align executive interests with long-term shareholder value.
• Tax withholding on vesting RSUs is a standard practice across publicly traded companies.
• Similar filings are regularly made by executives at comparable companies like Hasbro and Jakks Pacific.

Stakeholder Impact

• The vesting of RSUs has a minor dilutive effect on existing shareholders.
• The transactions reflect part of the executive compensation structure designed to incentivize management.

Key Dates

Keywords

Mattel, DiSilvestro, CFO, stock, RSU, restricted stock units, Form 4, SEC, vesting, tax withholding