Form 4: Mattel EVP Roberto Isaias Zanatta Executes RSU Vesting
Statement of Changes in Beneficial Ownership
Mattel EVP and Chief Supply Chain Officer Roberto Isaias Zanatta acquired 14,545 shares via RSU vesting, with 7,401 shares withheld for taxes.
Summary
- Roberto Isaias Zanatta, EVP & Chief Supply Chain Officer at Mattel, Inc., completed the vesting of Restricted Stock Units (RSUs) on April 28, 2026.
- The transaction involved the acquisition of 14,545 shares of common stock upon the final vesting of a 2023 grant.
- A total of 7,401 shares were automatically withheld by the company to satisfy tax withholding obligations at a price of $14.79 per share.
- Following these transactions, the reporting person holds 174,755 shares of Mattel common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative event, as it reflects standard executive compensation vesting rather than a discretionary market move.
Positives
- The transaction represents the fulfillment of a long-term incentive plan, aligning executive compensation with shareholder interests.
Negatives
- The withholding of 7,401 shares for tax purposes reduces the net increase in the executive's direct equity stake.
Risks
- None identified; this is a routine administrative transaction related to executive compensation.
Future Outlook
No forward-looking guidance provided in this filing.
Management Comments
- The transaction is a standard administrative process related to the vesting of previously granted equity awards.
Industry Context
StockSavvy.ai notes that routine RSU vesting for C-suite executives is a standard corporate governance practice in the consumer goods and toy manufacturing sector, reflecting typical long-term incentive structures.
Comparison to Industry Standards
- The RSU vesting schedule (33%/33%/34% over three years) is consistent with standard executive compensation practices at large-cap consumer discretionary companies like Hasbro or Spin Master.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine equity compensation settlement.
Next Steps
- None indicated.
Key Dates
| Date | Description |
|---|---|
| 04/28/2023 | Original grant date of the Restricted Stock Units. |
| 04/28/2026 | Vesting date of the final 34% of the RSU grant and date of transaction. |
| 04/30/2026 | Date of filing. |
Keywords
Mattel, MAT, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation
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