Mattel Executive Sells Nearly 40,000 Shares Amid Stock Price Decline
Roberto Jacobo Isaias Zanatta, Mattel's Chief Supply Chain Officer, sold nearly 40,083 shares of the company on August 31, 2026. The transaction was reported via an SEC Form 4 filing and valued at approximately $587,027 based on a weighted average price per share of $15.02. This sale represents about 21% of his direct equity stake in the company. The stock has experienced significant volatility recently, with shares declining by nearly 18% over the past year and reaching a 52-week low of $12.73 earlier in July 2026. Mattel's recent financial performance also shows signs of struggle; despite strong Q2 sales growth to $1.1 billion, rising costs led to a net loss compared to profits from the previous year. Investors may interpret this insider sale as a negative signal amid ongoing market and operational challenges for Mattel.
Tickers: $MAT