Mattel Stockholders Approve Equity Plan Amendment, Adding 2.155M Shares
Mattel's stockholders approved the amendment and restatement of the 2010 Equity and Long-Term Compensation Plan, increasing the number of shares available for issuance by 2,155,000 and extending the plan's termination date to March 19, 2036. Additionally, all director nominees were elected, PricewaterhouseCoopers LLP was ratified as the independent auditor for 2026, and the compensation of named executive officers was approved on an advisory basis. These actions took place at the company's 2026 Annual Meeting of Stockholders.
Key Highlights
- Stockholders approved the 2026 Restatement of the 2010 Equity and Long-Term Compensation Plan.
- The plan increases shares available for issuance by 2,155,000 shares.
- The plan's termination date was extended to March 19, 2036.
- All 10 director nominees were elected by a majority of votes cast.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for 2026.
- Advisory approval of executive compensation received 236,401,260 "FOR" votes.
- The equity plan amendment was approved with 236,024,891 "FOR" votes.
Price Impact
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