Steve Totzke - Apr 25, 2025 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
President, Chief Comm Officer
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Steve Totzke
Stock symbol
MAT
Transactions as of
Apr 25, 2025
Transactions value $
-$160,046
Form type
4
Date filed
4/29/2025, 05:56 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 +20.1K +17.34% 136K Apr 25, 2025 Direct F1
transaction MAT Common Stock Tax liability -$160K -10.2K -7.5% $15.68 126K Apr 25, 2025 Direct F2
holding MAT Common Stock 19.1K Apr 25, 2025 In 401(k) F3

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 -20.1K -33% $0.00 40.8K Apr 25, 2025 Common Stock 20.1K 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 60,910 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 20,100 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the April 25, 2024 RSU grant, 10,207 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As of April 28, 2025, the Reporting Person had a balance of $300,238.42 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan, the Personal Investment Plan ("PIP"). The number of shares has been calculated by the third-party administrator for the PIP.