Form 4: Director Roger Lynch Receives Mattel Equity Grant

Mattel Director Roger Lynch was granted 11,753 Restricted Stock Units and 11,753 Phantom Stock units on May 28, 2026.

Summary

• Director Roger Lynch received a grant of 11,753 Restricted Stock Units (RSUs) on May 28, 2026.
• Director Roger Lynch received a grant of 11,753 Phantom Stock units on May 28, 2026, valued at $14.89 per unit.
• The RSUs are fully vested upon grant and are scheduled for settlement on the third anniversary of the grant date or later per the company's deferred compensation plan.
• The phantom stock units will be settled in common stock upon the director's separation from service with the company.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding routine director compensation.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Full vesting of RSU grants upon issuance.

Negatives

• None identified.

Risks

• Future share price volatility may impact the ultimate value of the phantom stock units.
• Settlement of equity is subject to the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing solely on director compensation.

Industry Context

StockSavvy.ai notes that this filing represents standard corporate governance practice where non-employee directors receive annual equity compensation to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of RSUs and Phantom Stock for director compensation is consistent with standard practices among S&P 500 consumer goods companies.
• The three-year settlement period for RSUs aligns with typical retention and governance structures in the toy and entertainment industry.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation practices.
• Director: Increased equity stake in the company.

Next Steps

• Settlement of RSUs on the third anniversary of the grant date.
• Settlement of phantom stock units upon the director's separation from service.

Key Dates

Keywords

Mattel, MAT, Form 4, Director Compensation, Equity Grant, Roger Lynch, Insider Transaction