Mattel Executive Sells Nearly 40,000 Shares Amid 18% Stock Decline
Roberto Jacobo Isaias Zanatta, Chief Supply Chain Officer of Mattel (MAT), sold nearly 40,000 shares on August 31, 2026. The transaction valued at approximately $587,027 represented about 21% of his direct equity stake in the company and occurred amid an 18.31% decline in Mattel's stock price over the past year. The sale took place through multiple trades between $15.00 to $15.045 per share, with a weighted average of $15.02. Following this transaction, Zanatta retained 144,390 shares worth around $2.2 million at the time's market close price of $14.95. The stock further declined to $14.59 by September 1. This insider activity comes after a disappointing fourth-quarter earnings report and mixed financial performance in Q2, which saw increased costs erode margins despite revenue growth.
Tickers: $MAT
Topics: executive sale Mattel SEC filing