Form 4: Mattel Executive Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4
Roberto Jacobo Isaias Zanatta, EVP & Chief Supply Chain Officer at Mattel, exercised stock options and disposed of shares to cover tax withholding obligations.
Summary
- On April 29, 2025, Roberto Jacobo Isaias Zanatta, EVP & Chief Supply Chain Officer at Mattel, exercised 6,294 Restricted Stock Units (RSUs) that vested.
- This resulted in the issuance of 6,294 shares of Mattel, Inc. Common Stock.
- Also on April 29, 2025, 3,197 shares were automatically withheld at a price of $15.75 to cover required tax withholding related to the RSU vesting.
- Following these transactions, Zanatta directly owns 131,715 shares of Mattel Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the normal course of executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| April 29, 2022 | Reporting Person received a grant of 18,511 Restricted Stock Units |
| May 3, 2022 | Form 4 dated April 29, 2022 was filed |
| April 29, 2025 | RSUs vested, resulting in the issuance of 6,294 shares of Mattel, Inc. Common Stock and 3,197 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding. |
| May 1, 2025 | Date of signature for the Form 4 filing. |
Keywords
Mattel, RSU, Stock Options, Form 4, Executive Compensation, Insider Trading, Zanatta, Share Withholding, Vesting
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