---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-421751"
form_type: "8-K"
ticker: "MAT"
cik: "0000063276"
company_name: "MATTEL INC /DE/"
filed_at: "2026-10-14T20:36:14+00:00"
generated_at: "2026-10-14T20:37:05.037278+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Mattel amends CEO Roger Lynch's offer: start Oct 12, 2.99x CIC severance, new 280G gross-up

## Summary
- Lynch's CEO start date moved to Oct 12, 2026; equity awards now granted that day instead of the last trading day of the month, following 'recent external developments.'
- Grants: 461,538 make-whole RSUs, 461,538 inducement PSUs, 461,538 2026 annual LTI PSUs at target, and 307,692 RSUs.
- Inducement PSU relative TSR starting price set at Mattel's Sept 30, 2026 closing price, the date his appointment was announced.
- Change-in-control severance multiplier raised to 2.99x from 2x for a covered termination on or before Dec 31, 2028.
- New Section 280G gross-up: if a change of control occurs by Dec 31, 2028, Lynch receives excise-tax reimbursement instead of the plan's contingent cutback.

## SEC filing metadata
- accession: 0001193125-26-421751
- form_type: 8-K
- ticker: MAT
- cik: 0000063276
- company_name: MATTEL INC /DE/
- filed_at: 2026-10-14T20:36:14+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63276/000119312526421751/0001193125-26-421751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63276/000119312526421751/d171641d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-421751
- JSON: https://secwatch.observer/filing/0001193125-26-421751.json
- Plain text: https://secwatch.observer/filing/0001193125-26-421751.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.