Form 4: Mattel Executive Jonathan Anschell Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Jonathan Anschell, EVP Chief Legal Officer & Secretary of Mattel Inc., reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On April 28, 2025, Jonathan Anschell, EVP Chief Legal Officer & Secretary of Mattel Inc., had 13,108 Restricted Stock Units (RSUs) vest, resulting in the issuance of 13,108 shares of Mattel, Inc. Common Stock.
- 6,657 shares were automatically withheld to cover required tax withholding at a price of $15.72 per share.
- Following these transactions, Anschell directly owns 75,077 shares of Mattel Common Stock and 13,506 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The remaining RSUs will vest in two tranches: 33% on April 28, 2025, and 34% on April 28, 2026, subject to continued employment and tax withholding.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. Investors monitor these filings to gain insights into management's perspective on the company's value and future prospects.
Comparison to Industry Standards
- Equity compensation, including RSUs, is a common practice among publicly traded companies like Mattel to align the interests of executives with those of shareholders.
- Companies such as Hasbro, Spin Master, and Jakks Pacific also utilize similar equity compensation plans for their executives.
- The vesting schedules and terms of RSU grants can vary across companies, but a three-year vesting period is a fairly standard practice.
Stakeholder Impact
- The vesting of RSUs and subsequent stock transactions have a minimal direct impact on shareholders.
- The transactions are part of the executive's compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| April 28, 2023 | Date of original RSU grant of 39,722 units. |
| May 2, 2023 | Date Form 4 was filed reporting the RSU grant. |
| April 28, 2025 | Date of RSU vesting and stock transactions. |
| April 30, 2025 | Date of signature on the Form 4. |
Keywords
Mattel, Jonathan Anschell, Restricted Stock Units, RSU, Vesting, Form 4, SEC, Insider Trading, Stock Options, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.