Form 4: Mattel Executive Jonathan Anschell Acquires 44,464 Restricted Stock Units

EVP and Chief Legal Officer of Mattel, Jonathan Anschell, reports the acquisition of 44,464 Restricted Stock Units (RSUs) under the company's equity compensation plan.

Summary

• Jonathan Anschell, EVP and Chief Legal Officer & Secretary of Mattel Inc., acquired 44,464 Restricted Stock Units (RSUs) on May 7, 2025.
• The RSUs were granted under the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan.
• Each RSU represents a contingent right to receive one share of Mattel, Inc. Common Stock or a cash amount equal to the fair market value of such share at Mattel's election.
• The RSUs vest in three tranches: 33% on the first anniversary of the grant date, 33% on the second anniversary, and the remaining 34% on the third anniversary.
• Upon vesting, Anschell will receive one share of Mattel, Inc. Common Stock (or its cash equivalent) for each vested RSU, subject to tax withholding.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects standard executive compensation practices and aligns executive interests with shareholder value.

Positives

• The acquisition of RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The executive's compensation is tied to the performance of Mattel's stock, incentivizing value creation for shareholders.

Industry Context

Equity compensation is a common practice in publicly traded companies to incentivize executives and align their interests with those of shareholders. The vesting schedule is typical for such grants.

Comparison to Industry Standards

• Equity compensation packages for executives at companies like Hasbro (HAS) and Jakks Pacific (JAKK) often include similar structures of restricted stock units with multi-year vesting schedules.
• The size of the grant is likely determined by a number of factors including the executive's role, performance, and overall compensation strategy of Mattel.

Stakeholder Impact

• Shareholders: Aligns executive interests with company performance.
• Employees: Demonstrates company's commitment to rewarding key personnel.

Key Dates

Keywords

Restricted Stock Units, RSUs, Mattel, Jonathan Anschell, Equity Compensation, Beneficial Ownership, Form 4, Executive Compensation