Form 4: Mattel Inc. Executive Receives Restricted Stock Units

Jonathan Anschell, EVP Chief Legal Officer & Secretary of Mattel Inc., was granted 51,909 Restricted Stock Units on May 1, 2026.

Summary

• Jonathan Anschell, EVP Chief Legal Officer & Secretary of Mattel Inc., received a grant of 51,909 Restricted Stock Units (RSUs) on May 1, 2026.
• These RSUs are part of the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan.
• The RSUs vest over three years: 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the grant date.
• Upon vesting, each RSU will convert into one share of Mattel, Inc. Common Stock or an equivalent cash amount, subject to tax withholding.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports on a standard equity grant to an executive, which is typical for compensation practices and does not inherently signal significant positive or negative developments for the company.

Positives

• Grant of equity awards to a key executive, indicating a commitment to long-term incentive alignment.
• The RSU grant is structured with a multi-year vesting schedule, encouraging executive retention and performance over time.

Risks

• The value of the RSUs is subject to fluctuations in Mattel's stock price.
• Vesting is contingent upon continued employment, meaning any departure before vesting dates would result in forfeiture of unvested units.

Future Outlook

The RSUs will vest over a three-year period, with portions vesting on the first, second, and third anniversaries of the grant date. Upon vesting, the reporting person will receive shares of common stock or an equivalent cash amount.

Industry Context

StockSavvy.ai notes that the issuance of Restricted Stock Units to senior executives is a common practice in the toy and entertainment industry to align executive interests with shareholder value and to incentivize long-term performance.

Stakeholder Impact

• Shareholders: The grant aligns executive interests with long-term shareholder value creation through equity ownership.
• Employees: This filing is specific to executive compensation and does not directly impact general employee compensation structures.
• Management: The grant serves as a retention and incentive tool for the executive.

Next Steps

• Vesting of 33% of RSUs on the first anniversary of the grant date.
• Vesting of an additional 33% of RSUs on the second anniversary of the grant date.
• Vesting of the remaining 34% of RSUs on the third anniversary of the grant date.
• Receipt of Mattel, Inc. Common Stock or equivalent cash upon each vesting event, subject to tax withholding.

Key Dates

Keywords

Mattel Inc., Form 4, Restricted Stock Units, RSU Grant, Executive Compensation, Equity Award, Jonathan Anschell, Securities Exchange Act