---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-040348"
form_type: "8-K"
ticker: "MAT"
cik: "0000063276"
company_name: "MATTEL INC /DE/"
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T05:04:54.508518+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mattel awards CEO Ynon Kreiz $15M performance-based RSU; stock must hit $40 for maximum payout

## Summary
- Target value of $15M; 100% performance-vesting over five years ending Sept. 30, 2029.
- 50% linked to stock price hurdles: $27 (0%), $33.50 (50%), $40 (100%) based on any 30-day average in final three years.
- 50% linked to relative TSR vs. S&P 500; none earned below 55th percentile, maximum at 85th percentile.
- No acceleration except death/disability or qualifying termination in last three years; no single-trigger Change-in-Control vesting.
- Grant approved Sept. 11, 2024 by Compensation Committee, citing Kreiz's role in Mattel's IP-driven transformation.

## SEC filing metadata
- accession: 0001628280-24-040348
- form_type: 8-K
- ticker: MAT
- cik: 0000063276
- company_name: MATTEL INC /DE/
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63276/000162828024040348/0001628280-24-040348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63276/000162828024040348/mat-20240911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-040348
- JSON: https://secwatch.observer/filing/0001628280-24-040348.json
- Plain text: https://secwatch.observer/filing/0001628280-24-040348.txt

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