Form 4: Mattel SVP Hugh Yoon J. Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Mattel's SVP & Corporate Controller, Hugh Yoon J., reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On April 29, 2025, Hugh Yoon J., SVP & Corporate Controller at Mattel Inc., had 2,448 Restricted Stock Units (RSUs) vest, resulting in the issuance of 2,448 shares of Mattel Common Stock.
- Simultaneously, 876 shares were withheld to cover tax obligations at a price of $15.75 per share.
- Following these transactions, Yoon J. Hugh directly owns 26,215 shares of Mattel Common Stock.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of stock transactions related to RSU vesting, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The vesting of RSUs aligns the executive's interests with those of shareholders, incentivizing performance that increases shareholder value.
Key Dates
| Date | Description |
|---|---|
| April 29, 2022 | Reporting Person received a grant of 7,199 Restricted Stock Units |
| April 29, 2025 | Vesting of 2,448 Restricted Stock Units and subsequent stock transactions. |
| May 01, 2025 | Date of Form 4 signature. |
Keywords
Mattel, RSU, Stock Vesting, Form 4, Insider Trading, Hugh Yoon J., Corporate Controller, Equity Securities
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