MATTEL INC /DE/ 10-K

Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities. Market Information Mattel's common stock, par value $1.00 per share, is traded under the symbol "MAT" on The Nasdaq Global Select Market. Holders of Record As of February 11, 2026, Mattel had approximately 12,000 holders of record of its common stock. Dividends See Part II, Item 8 "Financial Statements and Supplementary Data—Note 7 to the Consolidated Financial Statements —Stockholders' Equity—Dividends." Recent Sales of Unregistered Equity Securities During the fourth quarter of 2025, Mattel did not sell any unregistered equity securities. Issuer Purchases of Equity Securities During 2025, Mattel repurchased 31.4 million shares of its common stock at a cost of $600.0 million. During 2024, Mattel repurchased 21.0 million shares of its common stock at a cost of $400.0 million. During 2023, Mattel repurchased 10.4 million shares of its common stock at a cost of $203.0 million. The following table provides certain information with respect to Mattel's purchases of its common stock during the fourth quarter of 2025: Total Number of Shares Purchased (a) Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (b) (In millions) Period: October 1 - 31 2,802,060 $ 18.93 2,800,285 $ 134.5 November 1 - 30 7,023,231 19.26 6,982,015 — December 1 - 31 2,468 19.93 — — Total 9,827,759 $ 19.17 9,782,300 $ — (a) The total number of shares purchased includes 45,459 shares withheld from employees to satisfy minimum tax withholding obligations that occur upon settlement of equity awards, which were not purchased as part of a publicly announced repurchase plan or program. (b) On February 5, 2024, the Board of Directors authorized a $1.00 billion share repurchase program. As of December 31, 2025, such authorization was exhausted. On February 9, 2026, the Board of Directors authorized a new $1.50 billion share repurchase program. As of February 20, 2026, Mattel has repurchased 5.9 million shares of its common stock at a cost of $101.0 million under the new $1.50 billion share repurchase program. Repurchases under the program will take place from time to time, depending on market conditions. Mattel's share repurchase program has no expiration date. 28 Performance Graph The following graph compares the performance of Mattel's common stock with that of the S&P 500 Index and the S&P 500 Consumer Discretionary Index. The Cumulative Total Return listed below assumes an initial investment of $100 on December 31, 2020 and reinvestment of dividends. December 31, 2020 2021 2022 2023 2024 2025 Cumulative Total Return: Mattel, Inc. $ 100.00 $ 123.55 $ 102.23 $ 108.19 $ 101.60 $ 113.70 S&P 500 $ 100.00 $ 128.68 $ 105.36 $ 133.03 $ 166.28 $ 195.98 S&P 500 Consumer Discretionary $ 100.00 $ 124.43 $ 78.35 $ 111.50 $ 145.11 $ 153.88 29 Item 6. Reserved.