Mattel Officer Steve Totzke's RSU Vesting and Stock Transactions
This Form 4 filing reports equity transactions by Steve Totzke, President and Chief Commercial Officer of Mattel Inc. On April 24, 2026, 20,100 restricted stock units (RSUs) vested from a grant originally awarded on April 25, 2024. These RSUs converted to common stock shares at a price of $0 per share. Concurrently, 10,227 shares were automatically withheld at a price of $14.54 per share to cover tax obligations related to the vesting. Following these transactions, Totzke's direct holdings decreased from 197,567 to 187,340 shares. He also holds 20,710 remaining RSUs and 19,098 shares indirectly through Mattel's 401(k) plan. The RSUs were part of a three-year vesting schedule, with this transaction representing the second 33% installment. The filing demonstrates typical executive compensation activity involving equity awards and associated tax withholding procedures.