Every material Form 8-K Mattel filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Mattel reported third quarter 2026 net sales of $1,807 million, up 4%, and diluted EPS of $1.23 versus $0.88 a year earlier. The company said the gross margin gain was primarily driven by $88 million of tariff refunds, and its revised 2026 guidance excludes those refunds. The company also named Steve Totzke President and Chief Operating Officer, effective November 11, 2026.
Q3 2026 net sales were $1,807 million, up 4% as reported and 3% in constant currency
Q3 2026 net income was $354 million, an increase of $75 million; diluted EPS was $1.23 versus $0.88
Full-year 2026 adjusted EPS guidance is $1.05 to $1.20 and adjusted operating income guidance is $500 million to $570 million, excluding tariff refunds
Steve Totzke appointed President and COO effective November 11, 2026; Roberto Stanichi resigned as President, Chief Marketing and Brand Officer, effective November 10, 2026
Mattel entered into a cooperation agreement with EdgePoint Investment Group, described as an approximately 18% stockholder, and appointed EdgePoint Partner Lee Matheson as a director effective October 21, 2026. The Board increased its size from nine to ten members, and the filing says EdgePoint agreed to customary voting commitments and standstill restrictions. The filing does not include any financial results, so the deal's effect on shareholders depends on how the agreement is applied over time.
Lee Matheson, a Partner at EdgePoint, joined the Board effective October 21, 2026, with a term expiring at the 2027 Annual Meeting; Mattel agreed to nominate him for re-election.
The Board increased from nine to ten members in connection with the appointment.
EdgePoint agreed to customary voting commitments, standstill restrictions and confidentiality provisions.
Mattel's obligations under the agreement end in certain circumstances, including if EdgePoint ceases to beneficially own at least 10% of Mattel's outstanding common stock.
Mattel appointed Peter Griffith, formerly CFO of Amgen, as Chief Financial Officer effective October 20, 2026, and as a non-independent board director. Paul Ruh, the current CFO, moves to an advisory role through December 31, 2026, and director Adriana Cisneros resigned from the board on October 18, 2026. The filing does not report financial results, so it does not change reported figures, but it marks a change in the company's top finance role.
Peter Griffith starts as CFO on October 20, 2026; he reports to Chairman and CEO Roger Lynch.
Griffith's offer includes a $1,300,000 base salary, a target bonus of 100% of salary, and a $3,300,000 performance-based RSU award.
Paul Ruh's separation agreement keeps his $950,000 base salary through December 31, 2026, when his employment ends.
Adriana Cisneros resigned from the board on October 18, 2026, and the filing says the resignation was not due to a disagreement with the company.
Mattel amended the September 29, 2026 offer letter with Roger Lynch, its Chief Executive Officer, setting his start date as October 12, 2026 and moving the timing of his initial equity awards to that date. The amendment also raises his change-in-control severance multiplier to 2.99 times from two times for terminations on or before December 31, 2028, and adds an excise tax make-whole payment for changes of control on or before that date, which shareholders may view as added cost tied to the CEO's pay package.
Start date set as October 12, 2026; make-whole, inducement and 2026 annual long-term awards now granted on that date rather than the last trading day of the month
Awards total 461,538 make-whole RSUs, 461,538 inducement PSUs and 461,538 annual PSUs at target plus 307,692 annual RSUs
Change-in-control cash severance multiplier raised to 2.99 times from two times for qualifying terminations through December 31, 2028
Excise tax make-whole provision applies to a change of control on or before December 31, 2028; the filing says the amendment followed recent external developments
Mattel's CEO Ynon Kreiz resigned as CEO and chairman effective October 2, 2026, and the board named director Roger Lynch as chairman effective that date and as CEO no later than November 2, 2026. Jonathan Anschell will serve as interim principal executive officer until Lynch takes over, and the filing discloses Lynch's pay package, including a $2,300,000 base salary and $10,600,000 make-whole signing bonus.
Ynon Kreiz resigned as CEO and chairman effective October 2, 2026, to take a senior role at another public company
Roger Lynch, a board member since 2018, becomes chairman October 2, 2026 and CEO no later than November 2, 2026
Lynch's offer letter includes a $2,300,000 base salary, a 200% target bonus, and a $10,600,000 make-whole signing bonus
Diana Ferguson was named Independent Lead Director effective October 2, 2026
Mattel reported second quarter 2026 net sales of $1,125 million, up 10% as reported, but swung to a net loss of $18 million from net income of $53 million a year earlier. Reported operating income fell $68 million to $11 million, and the company reiterated its full year 2026 guidance and its $400 million share repurchase target, which matters to shareholders because profit weakened sharply even as sales grew.
Net sales were $1,125 million, up 10% as reported and 9% in constant currency; reported gross margin fell to 48.2% from 50.9%.
Loss per share was $0.06 compared with earnings per share of $0.16; adjusted EPS was $0.01 versus $0.21.
Company reiterated FY2026 guidance, including adjusted EPS of $1.27 to $1.39, and reaffirmed $400 million in 2026 share repurchases.
Mattel repurchased $100 million of shares in the quarter, bringing the year-to-date total to $300 million.
Mattel named Roberto Stanichi, previously Executive Vice President and Chief Global Brand Officer, to President, Chief Marketing and Brand Officer, effective July 29, 2026, reporting to Chairman and CEO Ynon Kreiz. The filing sets his base salary at $900,000 and details new equity grants, which tie part of his pay to Mattel's stock price and performance goals.
Promotion dated July 29, 2026; press release issued July 31, 2026
Base salary of $900,000; 2026 MIP target of 100% of salary, capped at 200%
Promotion stock grant of $2,000,000 in RSUs; incremental grant of $1,900,000, split between RSUs and PSUs
Beginning in 2027, annual target stock grant value rises to $3,000,000, subject to Compensation Committee approval
Mattel stockholders approved the 2026 Restatement at the May 28, 2026 Annual Meeting, which adds 2,155,000 shares to the equity and long-term compensation plan and extends the plan's termination date to March 19, 2036. The filing also reports that all 10 director nominees were elected, and that the auditor and the advisory pay proposal passed.
The 2026 Restatement adds 2,155,000 shares to the plan's share reserve and extends the termination date to March 19, 2036.
Stockholders approved the restatement with 236,024,891 votes for and 17,624,209 against.
The advisory vote on named executive officer compensation passed with 236,401,260 votes for and 17,292,683 against.
PricewaterhouseCoopers LLP was ratified as independent registered public accounting firm for 2026, with 265,816,715 votes for and 4,136,113 against.
Mattel reported first quarter 2026 net sales of $862 million, up 4% as reported and 1% in constant currency. Operating loss widened to $103 million from $53 million, and adjusted operating loss widened to $70 million from $8 million. Reported net income of $61 million, or $0.20 per diluted share, was lifted by a $148 million gain on remeasuring its previously held stake in Mattel163, and the company left its full-year 2026 guidance unchanged apart from a recast that excludes amortization of acquired intangibles.
Net sales were $862 million, up 4% as reported and 1% in constant currency, with International up 15% and North America down 3%.
Operating loss was $103 million versus $53 million a year earlier; adjusted loss per share was $0.20 versus $0.02.
Reported diluted EPS of $0.20 compared with a loss of $0.12, mainly due to the $148 million Mattel163 remeasurement gain.
Mattel repurchased $200 million of shares in the quarter and maintained its $400 million 2026 repurchase target.
Mattel said President and Chief Commercial Officer Steve Totzke will leave the role effective May 1, 2026, and serve as an executive advisor through December 31, 2026, when his employment ends. Sanjay Luthra, currently EMEA and Global Direct-to-Consumer managing director, will succeed him as Chief Commercial Officer and report to Chairman and CEO Ynon Kreiz. The filing describes a planned transition for a senior commercial leader, with severance and equity vesting tied to his departure.
Steve Totzke ceases to be President and Chief Commercial Officer effective May 1, 2026; employment ends December 31, 2026
Sanjay Luthra succeeds Totzke as Chief Commercial Officer, overseeing global sales and commercial operations
Totzke to receive severance, accelerated equity vesting, COBRA premium payments for up to eighteen months, and a car allowance for the same period
Mattel reported fourth-quarter 2025 net sales of $1,766 million, up 7% as reported, while reported EPS fell to $0.34 from $0.42. For full year 2025, net sales were $5,348 million, down 1%, and reported EPS was $1.24 versus $1.58. The company guided 2026 adjusted EPS to $1.18-$1.30, below the 2025 actual of $1.41, and its board authorized a new $1.5 billion share repurchase program.
Q4 2025 net sales $1,766 million, up 7% as reported; reported operating income $141 million, down $17 million
FY2025 net sales $5,348 million, down 1%; reported EPS $1.24 vs. $1.58 a year earlier
2026 guidance: adjusted operating income $550-$600 million vs. $620 million in 2025; adjusted EPS $1.18-$1.30 vs. $1.41
Board authorized a $1.5 billion share repurchase, expected to be completed by 2028; Mattel repurchased $600 million of shares in 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Mattel filing is on SEC EDGAR ↗. 8-K briefs of other companies →