(MAT)

Role: EVP & Chief Supply Chain Offr
Signature: /s/ Tiffani Magri, Attorney-in-Fact for Roberto Jacobo Isaias Zanatta
Stock symbol: MAT
Transactions as of: Apr 25, 2025
Transactions value $: -$106,702
Form type: 4
Date filed: 4/29/2025, 05:53 PM
Previous filing: Feb 5, 2025
Next filing: Apr 30, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAT	Common Stock	Options Exercise		+13.4K	+11.64%		128K	Apr 25, 2025	Direct	F1
transaction	MAT	Common Stock	Tax liability	-$107K	-6.81K	-5.3%	$15.68	122K	Apr 25, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAT	Restricted Stock Units	Options Exercise	$0	-13.4K	-33%	$0.00	27.2K	Apr 25, 2025	Common Stock	13.4K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As reported on a Form 4 dated April 25, 2024 and filed on April 29, 2024, the Reporting Person received a grant of 40,606 Restricted Stock Units ("RSUs" or "Units") on April 25, 2024. The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On April 25, 2025, the first 33% of these RSUs vested, resulting in the issuance of 13,399 shares of Mattel, Inc. Common Stock.
F2	Pursuant to the terms of the April 25, 2024 RSU grant, 6,805 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

Content

As reported on a Form 4 dated April 25, 2024 and filed on April 29, 2024, the Reporting Person received a grant of 40,606 Restricted Stock Units ("RSUs" or "Units") on April 25, 2024. The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On April 25, 2025, the first 33% of these RSUs vested, resulting in the issuance of 13,399 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the April 25, 2024 RSU grant, 6,805 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.