Form 4: Mattel Director Soren T. Laursen Settles Restricted Stock Units
SEC Form 4 Filing
Director Soren T. Laursen settled 7,539 Restricted Stock Units (RSUs) for Mattel, Inc. Common Stock on May 24, 2024.
Summary
- On May 24, 2024, Soren T. Laursen, a director of Mattel Inc., settled 7,539 Restricted Stock Units (RSUs).
- These RSUs, granted on May 26, 2021, were fully vested on the grant date and settled on the third anniversary, resulting in the issuance of 7,539 shares of Mattel, Inc. Common Stock.
- Following the transaction, Laursen directly owns 51,519 shares of Mattel, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event; it's a standard disclosure of stock unit settlement.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The settlement of RSUs has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/26/2021 | Reporting Person received a grant of 7,539 Restricted Stock Units (RSUs) |
| 05/24/2024 | 100% of these RSUs were settled, resulting in the issuance of 7,539 shares of Mattel, Inc. Common Stock |
| 05/29/2024 | Date of Form 4 signature |
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