Form 4: Mattel Executive Roberto Jacobo Isaias Zanatta Reports Sale of Common Stock
SEC Form 4 Filing
Roberto Jacobo Isaias Zanatta, EVP & Chief Supply Chain Officer of Mattel Inc., reported selling 21,655 shares of common stock on May 7, 2024.
Summary
- On May 7, 2024, Roberto Jacobo Isaias Zanatta, an EVP & Chief Supply Chain Officer at Mattel Inc., sold 21,655 shares of Mattel's common stock.
- The sale was executed at a weighted average price of $18.833 per share, with individual transactions ranging from $18.83 to $18.845.
- Following the transaction, Zanatta directly owns 106,086 shares of Mattel common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into management's perspective on the company's future prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.
Stakeholder Impact
- Shareholders may react to the stock sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of the stock sale transaction |
| 05/09/2024 | Date of the Form 4 filing |
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