Ynon Kreiz - 25 Apr 2025 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-Fact for Ynon Kreiz
Issuer symbol
MAT
Transactions as of
25 Apr 2025
Net transactions value
-$376,994
Form type
4
Filing time
29 Apr 2025, 17:55:11 UTC
Previous filing
06 Mar 2025
Next filing
09 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +47,347 +3.3% 1,494,933 25 Apr 2025 Direct F1
transaction MAT Common Stock Tax liability $376,994 -24,043 -1.6% $15.68 1,470,890 25 Apr 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 -47,347 -33% $0.000000 96,129 25 Apr 2025 Common Stock 47,347 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 143,476 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 47,347 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the April 25, 2024 RSU grant, 24,043 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.