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MATTEL INC /DE/ (MAT) Form 8-K — Oct 14, 2026

$MATForm 8-KItems 5.02, 9.01Filed Oct 14, 2026, 4:36 PM ET0001193125-26-421751Original filing

Mattel amended CEO Roger Lynch's offer letter on October 12, 2026, moving his start date to that day and granting his make-whole RSU (461,538 units), inducement PSU (461,538), and 2026 annual LTI (461,538 PSUs at target plus 307,692 RSUs) awards on the start date. The amendment was made "following recent external developments" and also boosts Lynch's change-in-control cash severance multiplier to 2.99x (from 2x) if a qualifying termination occurs on or before December 31, 2028.

Key figures

Annual lti award
461,538 PSUs (at target) and 307,692 RSUs
Inducement psu award
461,538 PSUs
Make whole rsu award
461,538 RSUs
Cic severance multiplier
2.99x
Severance protection window
through December 31, 2028

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.